finance

ZIMPLOW Holdings (Zimplow) is upbeat about its future as it prepares to migrate to the Victoria Falls Stock Exchange (VFEX), while it pursues a new original equipment manufacturer (OEM) after …

NAMPAK Zimbabwe (Nampak) says the tight liquidity in the economy has affected its ability to restock raw materials on time. The market has been experiencing constrained liquidity after authorities enforced …

ZIMBABWE Investment and Development Agency (Zida) says it is confident that Foreign Direct Investment (FDI) will increase this year to reach the US$4 billion set target, given the interest shown …

TANGANDA Tea Company (Tanganda) says it remains focused on its strategic value addition thrust despite challenges in the operating environment pushed by both local and external factors. The diversified group’s …

VICTORIA Falls Anti-Poaching Unit (VFAPU) has received a major boost in its operations from African Sun (Afsun), which handed the unit US$21 000 to cater for the 16-member scouts’ full-year …

RUBBER and chemicals specialists, General Beltings (GB Holdings), is expecting its plant refurbishments to eliminate 70 percent of its lost production time. GB Holdings’ chairman, Godfrey Nhemachena, told The Financial …

PIPING products manufacturer Proplastics says it secured a US$4 million contract in Malawi as the group continues to widen its export market. The group said it has identified two new …

THE Insurance and Pensions Commission (Ipec) says foreign currency-denominated assets are cushioning the industry from loss of value in the face of rampant inflation. Month-on-month inflation was reported at 74,5 …

THE National Handling Services Zimbabwe (NHS) says the current hyperinflationary environment has destabilised its procurement processes. This comes as the country has entered into another hyperinflationary cycle after prices increased …

IN business and in life every transaction is characterised by risk. For instance, when you buy food, there is the risk that it may be bad. When you buy a …