ZIMBABWE’s parallel market exchange rate premium remained within a 20 percent margin during the first quarter of 2026 and is expected to further narrow the gap, marking a milestone in …
finance
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BANK deposits are increasingly growing, driven by exchange rate stability and stronger foreign currency inflows, signalling improved confidence in the domestic banking system, financial statements by local banks show. Several …
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ZIMBABWE’S tax framework contains a significant but often overlooked provision known as the Non-Residents’ Tax on Remittances. Provided for under Section 31 of the Income Tax Act and detailed in …
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FIRST Mutual Holdings (FMH) says it is working on deploying container-based facilities across the country to provide the informal sector with access to health coverage. Health insurance coverage for Zimbabwe’s …
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FIRST Mutual Properties (FMP) says it is prioritising a ‘retail-first rollout’ for its 24-hectare Golden Stairs project in Mount Pleasant, aiming to unlock quick cash flows from key commercial units. …
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EDGARS Stores’ manufacturing unit, Carousel, grew units supplied to retail chains by 47 percent to 448 000 during the 52 weeks, which ended on January 4, 2026, as investment in …
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WESTPROP Holdings (WestProp)’s income grew 19 percent to US$34,64 million during the year ended December 31, 2025, from US$29 million in 2024, supported by firm demand across its residential developments. …
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ARISTON Holdings (Ariston) says it is intensifying efforts to restore profitability through cost containment, production efficiency and improved pricing strategies. The measures resulted in the agro-industrial firm being able to …
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ZIMRE Holdings (ZimRe) will break ground on a new Victoria Falls hotel within the next three months as part of an US$80 million property investment pipeline, the company’s chief executive …
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CALEDONIA Mining Corporation’s gold production for the first quarter ended March 31, 2026, fell 21 percent to 14 767 ounces from 18 671 ounces a year ago, owing to operational …
