INDUSTRY and Commerce minister Sekai Nzenza says businesses in Mozambique and Zimbabwe should aggressively pursue investment and trade possibilities in the two nations as both attempt to harness long-dormant economic …
finance
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EXPOSURE to Zimbabwe dollars in an increasingly dollarising economy is putting supermarkets’ profit margins under pressure, a local research firm has warned. This comes as experts have continuously warned that …
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THE Cass Saddle Agriculture Exchange Traded Fund (ETF) managers are bullish about local companies in the sector, which they expect to benefit from ongoing geopolitical tensions. The fund invests primarily …
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GETBUCKS Microfinance Bank (GetBucks) says it in the process of negotiating transactions, as part of its capital raise initiative to be completed this year. The institution’s recapitalisation, which was anticipated …
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BRITISH American Tobacco Zimbabwe (BAT) says it remains optimistic about growth despite mounting economic and political concerns. The country has a history of contested and violent elections, as well as …
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ZB FINANCIAL Holdings (ZB) says it recorded a 29 percent increase in foreign currency earnings during the quarter ended March 31, 2023, up from a 15 percent increase in the …
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AFDIS says it is targeting to increase production efficiencies and implement cost containment initiatives this year to improve profitability. This comes as the spirits and wines maker anticipates that the …
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PADENGA Holdings (Padenga) says it anticipates improved returns from its crocodile business this year, following the implementation of several strategies to improve the division. The Victoria Falls Stock Exchange-listed diversified …
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CBZ Holdings (CBZ) has posted a 24,7 percent increase in its inflation-adjusted profit to $33,04 billion for the year ended December 31, 2022, compared to $26,49 billion recorded in the …
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NMB Holdings says it is looking at opportunities within its branches to install solar to operate completely off-grid. This comes as most Zimbabwean companies are investing in solar energy in …
