FIRST Mutual Properties (FMP) says the office segment was subdued in 2022 owing to the need to re-adjust from the newly-formed remote working models. Market watchers have since attributed the …
finance
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Amazon Web Services (AWS) experienced a wide-reaching outage on Tuesday afternoon, which affected countless major websites. AWS is a cloud computing offering that makes money by charging businesses to host …
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SINCE the 2000s, Standard Chartered Bank (StanChart) has been “fading away” from Zimbabwe.
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A LOCAL research firm says it expects Zimbabwe’s money supply to remain “under a leash” after recent changes made to Zimbabwe’s exchange controls. As part of measures effected a fortnight …
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THE Zimbabwe Revenue Authority (Zimra) says it is concerned about the growing number of taxpayers who are failing to declare sales in the currency of trade as domestic US dollar …
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NATIONAL Foods Holdings (NatFoods) has applauded the multi-currency environment, saying it has improved operational sustainability. The fiscal authorities legalised the multi-currency system last year, making both the US dollar and …
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GOVERNOR of the Reserve Bank of Zimbabwe, John Magudya, says demand for foreign currency under a multi-currency system remains insatiable, but he revealed that the country has so far mopped …
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THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says tariffs are nearly entirely to blame for the country’s power shortages, which the state utility maintains are not viable. Speaking at …
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ECONET Wireless (Econet) says it invested US$66 million as part of its network modernisation programme in the year ended February 28, 2023. The country’s largest telecommunications company has invested over …
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Turnall Holdings (Turnall) says it is finalising the procurement of a fibre-cement sheeting plant and a Glass Reinforced Plastic (GRP) pipe plant this year in a bid to expand its …