PADENGA Holdings (Padenga) says it is engaging the Reserve Bank of Zimbabwe after the lowering of the foreign currency retention threshold from 85 percent to 75 percent to ensure business …
finance
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THE Zimbabwe Energy Regulatory Authority (Zera) says it is lobbying Treasury to scrap value-added tax (VAT) on renewable energy products and energy-efficient merchandise to boost local power generation. Solar and …
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CAFCA, Zimbabwe’s only cable manufacturer, is looking to expand its export market by entering new frontiers as well as strengthening its presence in the countries it operates in.Advertisements The strategic …
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SIMBISA Brands (Simbisa) is eyeing entering into forward foreign contracts with banks and where practicable use local suppliers to substitute imported raw materials to limit the impact of exchange rate …
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CONSTRUCTION firm Masimba Holdings says the recent multi-currency regime extension will unlock opportunities in infrastructure development. The government extended the term of the currency system from 2025 to 2030. “We …
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THE African Union’s InterAfrican Bureau for Animal Resources (AU-IBAR) has begun engagements with the local finance and insurance sector to capacitate women-run livestock businesses with appropriate resources. AU-IBAR is the …
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HOSPITALITY group African Sun (AfSun) says it recorded a 12 percent increase in revenue to US$14,6 million in the quarter to September 30, 2023, spurred by higher demand for conference …
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FINANCE minister Mthuli Ncube says the risk management framework and guidelines for the public sector, which his office launched this week, will help improve transparency and accountability by efficiently managing …
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THE government says it remains committed to ensuring private sector participation in aviation infrastructure development. This comes after the commissioning of the US$153 million Robert Gabriel Mugabe International Airport expansion …
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CBZ Holdings says rising external debt is likely to remain challenging due to continued tight monetary policy regimes across the globe. In a trading update for the nine months ended …
