NAMPAK Zimbabwe (Nampak) saw a reduction in spending for the first quarter ending December 31, 2023 owing to lower cash levels from last year’s two interim dividend payouts. In FY …
finance
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A BILL introduced in the US House of Representatives seeking to review relations with South Africa has prompted warnings from analysts about potential economic repercussions for the Southern African Development …
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MARKETS are anxiously awaiting the release of the Reserve Bank of Zimbabwe’s (RBZ) impending monetary policy statement (MPS), amid the escalating currency and inflation crisis. This comes as the Zim …
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THE Zimbabwe Construction Industry Association has expressed optimism that the sector’s growth in 2024 will surpass that of the previous year. In an interview with The Financial Gazette, the association’s …
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FITCH Solutions warns that Zimbabwe’s persistent currency volatility poses a significant threat to banks’ asset quality in 2024. The risk stems from the inflationary impact on borrowers’ ability to service …
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THE Zimbabwe National Statistics Agency (ZimStat) says 86,8 percent of employed individuals worked in the informal economy during the fourth quarter of 2023. This underscores the growing role of the …
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TANGANDA Tea Company (Tanganda) says packed tea exports into the region grew by 100 percent during the quarter ended December 31, 2023 attributed to the company’s successful penetration of the …
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BRICK manufacturer Willdale the brick has expressed concern over the immediate impact of the imposition of value-added tax (VAT) on clay bricks. Advertisements This comes in the wake of a …
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EDGARS Stores’ (Edgars) share price was up by 14,7 percent last Friday following the retailer’s announcement of its intention to delist from the Zimbabwe Stock Exchange (ZSE) and relist on …
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STARAFRICA Corporation (StarAfrica) says its going concern was momentarily hampered by the spike in pricing by the company’s sole supplier of raw sugar but rectified the situation by securing a …
