FBC Securities says monetary authorities must be consistent when dealing with retention thresholds to attract investment into the country. This comes after Reserve Bank of Zimbabwe governor John Mangudya increased …
finance
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ZIMBABWE’s inflation will gradually decline to single-digit levels by 2025, research firm Fitch Solutions (Fitch) has said. The southern African country’s annual inflation is currently at 229,8 percent, having ended …
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NEWLY-listed Victoria Falls Stock Exchange (VFEX) counter, National Foods (NatFoods), says it remains positive on Zimbabwe’s economic outlook as it targets investments totalling US$30 million by year-end.
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ZIMBABWE’S largest telecommunications company, Econet Wireless (Econet), says the regulated tariff reviews are being done at a below inflation rate. The group’s revenue for the nine months ended November 30, …
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POWERSPEED says it is banking on high-quality merchandise to give it a competitive edge in an environment that is skewed in favour of informal business. As Zimbabwe’s economy continues to …
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AMALGAMATED Regional Trading Holdings (Art) says it remains wary of the risk posed by short-term borrowings and is working to refinance these with suitable facilities. In a trading update for …
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AGRICULTURE minister Anxious Masuka says the country will increase the area planted for wheat from about 80 000 hectares to 85 000 hectares during this year’s winter cropping season. This …
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PURE Oil Industries (Pure Oil), which manufactures the popular ZimGold cooking oil, says it is supplying nearly 47 percent of the Zimbabwean market demand due to improvements in operating efficiencies. …
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ZIMBABWE needs products that cover loss of value in the insurance and pensions industry amid dollarisation pressures within the economy, a senior banking official has said. This comes at a …
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Kia and Hyundai have offered car owners steering wheel locks and a software upgrade after TikTok videos popularised how to easily steal their cars. “Kia Boyz” trended last year with …