EDGARS Stores (Edgars)’s sales volumes have remained firm despite widespread concerns of falling demand within the economy. In a trading update for the nine months to October 8, the clothing …
finance
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THE Institute of Chartered Accountants of Zimbabwe (Icaz) says its members are well-placed to assist non-profit organisations (NPOs) fulfil audit requirements. Icaz president Manyara Chigunduru made these remarks at the …
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STARAFRICA Corporation (Starafrica) says 70 percent of its revenue over the past five months was in US dollars. This comes as more companies have been reporting an increase in US …
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ZIMBABWE’S economy grew by 1,3 percent during the third quarter of 2023, latest figures from ZimStat show. The national statistics agency said the main drivers of economic activity during the …
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THE country’s informal sector is set to expand even further as business struggles to survive the competition, a new report by the Zimbabwe National Chamber of Commerce (ZNCC) says.Advertisements The …
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THE Securities and Exchange Commission of Zimbabwe (SecZim) says there are unclaimed shares worth about $13 billion on the country’s markets. The regulator said it would eventually move unclaimed holdings …
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OK Zimbabwe (OK Zim) called on the government to remove a 2022 law that limits in-store pricing margins based on the official exchange rate. The law has agonised retailers because …
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NATIONAL Foods (NatFoods) says it is adequately stocked to meet heightened demand usually associated with festive season. This comes amid widespread doubts over business’ preparedness for the season given the …
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INDIAN truck manufacturer Ashok Leyland has sealed a new distribution deal with Tsapo Group. Ashok Leyland is the flagship company of the Hinduja Group and a top commercial vehicle manufacturer …
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ZIMBABWE’S power imports increased by 13,1 percent to 425,5 gigawatts (GWh) during the third quarter of 2023, according to ZimStats.Advertisements Zimbabwe’s peak electricity demand is 1 850MW, but generation capacity …
