ZIMBABWE’s sickly economy is experiencing severe fresh headwinds, triggered by spiralling production costs, soaring parallel foreign currency rates and a subdued aggregate demand as disposable incomes continue to plummet. As …
finance
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FOREIGN investors continue to flee the Zimbabwe Stock Exchange (ZSE) by transferring their stocks to South Africa through dual-listed counters. Information gathered by this publication shows that 4 973 478 …
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BINDURA Nickel Corporation (BNC)’s shares slumped on the Zimbabwe Stock Exchange (ZSE) during the first quarter, despite a surge in the price of nickel, its primary resource. BNC, which is …
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ZIMBABWE is one step closer to achieving its one-stop-shop investment centre (OSIC) initiative after a Bill to expedite the process was gazetted. This comes as the southern African country, which …
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THE recently-launched interbank market is not operating on a free market concept resulting in subdued trading and companies failing to access desperately-needed foreign currency, the Confederation of Zimbabwe Industries (CZI) …
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THE National Social Security Authority (NSSA) says as many as five million Zimbabweans are threatened with old age poverty due to a social security coverage gap in the country. An …
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THE Zimbabwe Revenue Authority (ZIMRA) should carry-out post clearance exercises, including inspecting goods on the market for permits and licenses, the Confederation of Zimbabwe Industries (CZI)’s Border Management Committee has …
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INNSCOR Africa Limited (Innscor) is poised to generate more revenue in the near future due to its competitive cost structure, which is based on increased production and export competitiveness, a …
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ZIMBABWE’S foreign currency shortages are inhibiting reinsurance firms from underwriting more business in regional countries, The Financial Gazette has learnt. This comes as the country’s acute foreign currency shortages, caused …
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THE Infrastructure Development Bank of Zimbabwe (IDBZ) says it is pursuing a long term capitalisation target of $1 billion to escalate investment. The state-owned financial institution, which has cumulatively raised …
