ANALYSTS have urged the government to be more consistent in policy-making for the sake of market confidence and to reduce speculative activity. The weakening of the domestic unit has seen …
finance
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ZB Financial Holdings (ZB) says local procurement increased 447,59 percent to $32,63 billion in 2022 compared to $5,96 billion in 2021 amid commitment to sustainable procurement policies by the group. …
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AFRICAN SUN (AfSun) says the Reserve Bank of Zimbabwe’s decision to remove foreign currency liquidation exemptions for companies listed on the Victoria Falls Stock Exchange (VFEX) has thwarted some of …
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THE Reserve Bank of Zimbabwe (RBZ) says the country’s currency regime is partly to blame for current price increases of goods and services. The country is currently using the multi-currency …
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ZIMBABWE’s record tobacco haul this year is helping to drive up guarded optimism about the recovery of the country’s key agriculture sector and the wider economy. This comes after the …
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ZIMBABWE Platinum Mines’ (Zimplats) mammoth 10-year US$1,8 billion expansion programme comprising nine projects is rising out of the dusty but rich soils of Mhondoro Ngezi. The programme began last quarter …
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DEMAND for hard-rock lithium is forecast to increase 40-fold between 2022-2040, driven by global sales of electric cars and batteries, a US-based investment research firm has said. Soaring demand for …
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OLD Mutual says it is looking to invest a further US$12 million in an industrial park located in the Mhondoro-Ngezi mining area of Mashonaland West. Chief executive of the diversified …
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TONGAAT Hulett South Africa (SA) says a vote on the company’s proposed business rescue plan has been postponed to September, to allow for additional details to be updated. The decision …
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EDGARS Stores (Edgars) says its business recovery is premised on improved access to foreign currency through domestic sales to cover import requirements, a stable exchange rate and lower inflation. This …
