finance

EDGARS Stores (Edgars) “continues to remodel its business to capitalise on opportunities” that arise in the uncertain operating environment. This comes as the clothing manufacturer reported a 14,8 percent decline …

OK ZIMBABWE says it will be branding its financial services unit to Vimbai Capital, as the group continues to expand and diversify its income streams. “We want to expand on …

SIBANYE-Stillwater (Sibanye) says platinum, palladium, rhodium and gold 4E PGM production from its local unit, Mimosa Mining Company (Mimosa), was one percent higher than prior period at 29 060 ounces, …

THE US dollar prices of basic food and non-food commodities in Zimbabwe are expected to remain stable in the short to medium-term, a new report has said. In its latest …

LOCAL bus manufacturer AVM Africa (AVM) says it misses the business it used to get from the government, which saw it producing a bus daily. Now, the company produces five …

Taxpayers are required by law to give sensitive information of their businesses to revenue authorities, such as their income, expenditures and business operations. Tax returns, assessments and other correspondents or …

THE Zimbabwe Energy Regulatory Authority (Zera) says low water levels at Kariba Dam have seen the country’s energy mix getting less sustainable with increased reliance on coal. Advertisements

MEIKLES says it cannot assess possible performance for its forthcoming financial year due to the country’s inflationary environment. Advertisements In a statement accompanying the group’s 2023 annual report, chairman John …

BRITISH American Tobacco Zimbabwe (BAT) says it recorded a 120 percent turnover growth during the nine months ended September 30, 2023 underpinned by strategic pricing decisions.Advertisements The cigarette manufacturer, however, …

RAINBOW Tourism Group (RTG) says it is constantly pursuing the expansion of its hotel portfolio, capitalising on its debt-free financial position.Advertisements This comes as the hotelier allocated $2,6 billion (equivalent …