THE Bankers Association of Zimbabwe (Baz) has welcomed the Reserve Bank of Zimbabwe (RBZ)’s ongoing implementation of a new liquidity standard — Basel III — saying this will improve risk …
finance
-
-
TRADE development and promotion body ZimTrade says it will capitalise on opportunities offered by the African Continental Free Trade Area (AfCFTA) to explore non-traditional markets on the continent. Launched in …
-
NATIONAL Handling Services (NHS) says it will set up a logistics company to improve revenue streams, amid the myriad challenges within Zimbabwe’s economy. NHS chief executive Godknows Marawanyika said establishing …
-
BUSINESS leaders are anxious that the looming elections could impact the economy negatively amid fears of knee jerk shifts in government policies. Former Confederation of Zimbabwe Industries president Busisa Moyo …
-
TANGANDA Tea Company (Tanganda) says it expects the operating environment to remain difficult but is confident that demand for its products will remain firm. In a trading update, the group …
-
NATIONAL Tyre Services Limited (NTS) says tyre retreading volumes declined by 13 percent in the third quarter ended December 31, 2022 as power outages severely affected the company’s factories. Zimbabwe …
-
BRICKMAKER Willdale says sales volumes for the quarter ended December 31, 2022 declined by two percent compared to the same period prior year due to liquidity shortages in the market. …
-
ZIMBABWE’S trade deficit widened by US$567 million to US$2,06 billion in 2022 as the growth in imports outpaced the rise in exports. The southern African country has persistently recorded trade …
-
ZIMBABWE’S employment levels have returned to pre-Covid-19 pandemic levels, according to the World Bank (WB). This was revealed by the latest report of the Poverty Income Consumption and Expenditure Survey …
-
INDIA’S ambassador to Zimbabwe, Vijay Khanduja, says companies from his country are eager to seize investment opportunities in Zimbabwe’s energy sector and help alleviate the country’s and southern Africa’s crippling …
