BRITISH American Tobacco Zimbabwe (BAT) says its cigarette sales were down 6,7 percent during the year ended December 31, 2022 due to tight liquidity of the Zimbabwe dollar. It comes …
finance
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PROPERTY firm Mashonaland Holdings (Masholds) says the group is in a position to continue generating US dollar revenue despite the economic headwinds. This comes as Zimbabwe’s market continues to witness …
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TURNALL Holdings (Turnall) says it expects the completion of its ongoing projects to lead to increased revenue, profitability, exports and a sustainable improvement in quality and production efficiency. The construction-materials …
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BRIDGEFORT Capital (Bridgefort), formerly MedTech Holdings, has managed to reduce liabilities owed to foreign creditors, but hopes the central bank will speed up the clearance of legacy debts since delays …
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ZIMRE Holdings (Zimre) says it will be embarking on a new investment focus towards infrastructure and landmark development, with an emphasis on sustainability. The diversified group said the activities will …
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MASIMBA Holdings (Masimba) produced a good set of results for the year ended December 31, 2022, benefiting from the government’s renewed interest in infrastructure development. Fingaz Staff Writer Almot Maqolo …
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BUSINESS is pleading with the government for more support to improve its competitiveness and to allow local companies to tap into the African Continental Free Trade Area (AfCFTA). Speaking to …
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HOSPITALITY group African Sun says after the conclusion of refurbishment works at Victoria Falls Hotel and Troutbeck Resort, it expects to spend another US$12 million upgrading its remaining properties across …
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THE International Monetary Fund (IMF) has cut its 2023 growth forecasts for Zimbabwe to 2,5 percent from an earlier projection of 2,8 percent, amid rolling power cuts, currency volatility and …
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THE Postal and Telecommunications Regulatory Authority (Potraz) says a credit crunch in Zimbabwe has hampered investment in next-generation technology, stalling the country’s digitalisation. In response to galloping inflation last year, …
