TREASURY’S latest growth projection for Zimbabwe’s economy of 5,3 percent has sparked debate among analysts, who are divided on whether the figure is realistic. Treasury had initially projected growth of …
finance
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THE Airports Company of Zimbabwe (ACZ) says it is actively wooing more international airlines to ply the Harare route after the recent expansion of the Robert Gabriel Mugabe International Airport. …
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NAMPAK says it benefited from improved US dollar collections during the nine months ended June 2023. The country’s leading packaging products supplier’s revenue grew by 41 percent for the nine …
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THE tourism sector says the time frame given by the central bank for operators to regularise tourism agreements with external partners is not feasible. In his 2023 mid-term monetary policy …
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THE Reserve Bank of Zimbabwe (RBZ) says foreign currency-denominated loans constituted 94 percent of local banks’ aggregate lending as at June 30, 2023. This reflects the apex bank’s deliberate squeeze …
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ARISTON Holdings (Ariston) says tea production from the Clearwater Tea Estate factory has been consolidated, with the Southdown Tea Estate factory to increase manufacturing volume. The listed agricultural concern said …
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ZIMRE Holdings (Zimre) is looking at unlocking some value from its investment property portfolio with the anticipated listing of the Eagle Real Estate Investment Trust (REIT). Our staff writer Almot …
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BUDDING agriculture commodities bourse, the Zimbabwe Mercantile Exchange (ZMX) is con fident of growth as participation by both farmers and financial institutions ticks up. ZMX is operated by the Financial …
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THE Deposit Protection Corporation (DPC) says about US$25 million is needed to fully compensate the People’s Own Saving Bank (POSB) depositors for value loss. The government provided US$400 000 through …
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THE onset of Zimbabwe’s election season has not affected the momentum of stock trading on the country’s two major exchanges, a trend analysts expect to sustain throughout the entire process. …
