ECOCASH Holdings (EcoCash) witnessed significant growth in transaction volumes and values for the year ended February 28, 2023, following the intermediate money transfer tax (IMTT) reduction in January 2023. The …
finance
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MINISTER of Tourism, Mangaliso Ndlovu, says arrivals to Zimbabwe were up by 108 percent to 271 000 during the first quarter of 2023. This comes as the country’s tourism economy …
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RIOZIM will this year prioritise securing a stable power supply across all its operations to ensure consistent plant throughput. In a trading update for the first quarter of 2023, company …
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NIGERIA says it expects commercial ties with Zimbabwe to improve as the two countries work to open up access to each other’s markets. This comes as national trade development and …
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KUVIMBA Mining House (Kuvimba) says it is mobilising internal resources to raise around US$500 million to kick-start operations at its Darwendale platinum asset, Great Dyke Investments (GDI). This comes as …
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HOSPITALITY Association of Zimbabwe (HAZ) president, Farai Chimba, says new investments in the industry have provided a boost to domestic tourism by offering more affordable products. This comes amid a …
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PIPING products manufacturer, Proplastics, has set annual capital spending at $2,6 billion despite reporting an 86 percent dip in its 2022 inflation adjusted profit. A total of US$2,7 million was …
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A LOCAL research firm says it expects Padenga Holdings’ (Padenga) revenue for this year to rise by almost 30 percent to US$166,81 million, underpinned by the expansion of gold mining …
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THE National Competitiveness Commission (NCC) has urged Zimbabwean authorities to ban the exportation of raw hides to support value addition in the leather industry, which has been billed as a …
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MASHONALAND Holdings (Mash Holdings) says it expects its foreign currency denominated full year revenue to stand at 75 percent in an increasingly dollarising economy. More than three-quarters of domestic spending …
