finance

ZIMRE Holdings (Zimre) says it will unveil two property developments worth US$80 million from its real estate investment trust to unlock some value from its property portfolio. The diversified group’s …

THE Reserve Bank of Zimbabwe says it will amend the exchange control laws to allow tobacco merchants to mobilise local funds for the production of the golden leaf. In terms …

OUT of the five exchange-traded funds (ETFs) on the Zimbabwe Stock Exchange (ZSE), Morgan & Co’s multi-sector fund is the only one still in positive real returns this year after …

POLICY think-tank Sivio Institute last week released a report on the execution of the governing Zanu PF party’s 2018 election manifesto showing contrasting performances in two of the most important …

THE Zimbabwe Anti-Corruption Commission (Zacc) says it has so far this year impounded US$200 million worth of assets believed to be proceeds of corruption and expects this to reach US$1 …

THE process of climate change is set to have a significant economic impact on many countries, with a large number of lower-income countries, particularly in Africa, being at risk. The …

NEDBANK Zimbabwe (Nedbank) this week became the first local institution to licence American Express acceptance in a development that is expected to lift American visitors’ spend in the country. Nedbank’s …

RAINBOW Tourism Group (RTG) recorded a 92 percent increase in US dollar revenue to US$5,2 million for the five months ended May 31, 2023 from US$2,7 million recorded in the …

THE government says there is an appetite for foreign currency-denominated infrastructure bonds on the market, as the authorities hunt for affordable long-term finance to boost ongoing infrastructure development programmes. Non-accounting …

The recently introduced Labour Amendment Act has brought about measures that may make it more difficult to summarily terminate contracts of employment. I anticipate that this will increase employers’ willingness …