THE Reserve Bank of Zimbabwe’s (RBZ) decision to hike interest rates overnight window to 50 percent per annum from 15 percent will discourage speculative borrowing, an investment research firm has …
finance
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ZIMBABWE risks facing acute basic commodities shortages in the coming few months due to cash shortages and low disposable incomes, an equities firm has said. Old Mutual Securities (OMSEC) said …
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FOLLOWING Monday’s restoration of the Zimbabwe dollar — through statutory instrument (SI) 142 of 2019 — the “last leg” of Finance minister Mthuli Ncube’s currency reforms have brought with them …
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AFTER registering considerable gains on Monday, the Zimbabwe Stock Exchange (ZSE) dipped sharply on Tuesday and Wednesday as the market reacted to a return of the local currency. The ZSE …
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AS BANKS face challenges in disbursing salaries after Paynet Zimbabwe (Paynet) suspended its services over a dispute involving US$470 000 in unpaid fees, our business reporter Omega Ukama (OU) interviewed …
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AMALGAMATED Regional Trading (ART) says it performed above expectations in the year to March 31, 2019 after it achieved a 30 percent increase in exports, despite a depression in local …
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LISTED agro-industrial concern TSL says its financial performance since the start of the year has been satisfactory, despite numerous disruptions to the current agricultural season. The southern African region as …
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RAINBOW Tourism Group (RTG) says its gross profit margin went up by six percent during the five months to May 2019 after it leveraged its foreign currency earnings to bring …
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ZIMBABWEAN actuaries have been challenged to come up with solutions to economic problems being experienced in the country. The country is facing its worst economic crisis in a decade, punctuated …
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Zimbabwe got off to a losing start at the 2019 Afcon after losing 1-0 to Egypt in the tournament opener on Friday.Advertisements The Pharaohs took the game to Zimbabwe in …