finance

MINERS have commended the government’s new directive for them to pay 50 percent of their royalties in kind, saying the move will not disrupt operations. This comes as the government …

ZIMBABWE is set to build a US$20 million lithium battery manufacturing factory as the country seeks to ramp up value addition efforts, Finance minister Mthuli Ncube says.

FINANCIAL services group, ZB Financial Holdings (ZB), is targeting high-value customers through its latest innovative product —Premium Service Centre — as the group moves to conclude its transformation journey this …

FBC Securities says the Victoria Falls Stock Exchange (VFEX) is set for increased activity in 2023 buoyed by a growing number of listings. The US dollar-denominated market launched in 2020 …

CLOTHING retailer, Truworths says it will focus on productive cost rationalisation and working capital management as its volumes are currently under threat owing to the suspension of the local currency …

THE Zimbabwe Stock Exchange (ZSE) is unlikely to see the same level of interest for listings this year that it did in 2022 due to its recent slump in trading …

AFRICAN Distillers (Afdis) says its spirits category grew by 19 percent benefitting from a focus on the affordable market segment, as the business seeks to regain share from cheaper and …

IN last week’s article, I discussed the importance of estate planning and the importance of engaging a legal practitioner to navigate all the issues connected with optimizing the administration of …

THE Infrastructure Development Bank of Zimbabwe (IDBZ) says it is this year working with relevant government ministries to issue US$25 million for financing both new and current irrigation infrastructure. IDBZ …

ZIMBABWE has set a new target to produce 109 million litres of milk this year after surpassing last year’s target of 90 million litres. According to an Agriculture ministry official …