THE Confederation of Zimbabwe Industries (CZI) says government should introduce an importer financed export incentive scheme and liberalise the foreign currency market to improve the foreign currency situation in the …
finance
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THE Zimbabwe Stock Exchange’s climb continued this week, stretching the bourse’s 10-week long gaining streak.The recent surge was preceded by an 18-week slump which was triggered by the resignation of …
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The National Broadband Backbone (NBB) project meant to modernise Zimbabwe’s main telecommunications infrastructure is ahead of schedule and near completion.Advertisements The project, which is financed by a $98 million China …
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REAL Time Gross Settlement (RTGS) transactions decreased 36,3 percent to close the week ending May 11 at $1,57 billion, official data shows. In its weekly economic highlights for …
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REAL Estate Institute of Zimbabwe president and Integrated Properties founder and managing consultant Mike Juru this week spoke to The Financial Gazette’s Online Editor Paul Nyakazeya (PN) about the property …
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NMB Bank says it has seen a significant increase in income following its new accounts blitz programme.Advertisements The bank’s chief executive officer Benefit Washaya said non-interest income increased 83 percent …
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LISTED retailer, OK Zimbabwe, operated free of debt during the year ended March 31, 2018, as record breaking revenues boosted the company’s coffers. In a statement accompanying the company’s financials, …
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ZIMBABWE’S budget deficit is set to remain above $1 billion despite government’s efforts to rein in fiscal spending, economists have said. For years, a persistent fiscal deficit has been the …
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CIGARETTE manufacturer BAT Zimbabwe (BAT) described the first quarter of the year as the “toughest and driest” in terms of access to foreign currency allocation from the Reserve Bank of …
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Companies & Markets
Padenga shareholders approve directors’ share option scheme
by Omega Ukamaby Omega UkamaPADENGA Holdings shareholders have approved a resolution to amend the company’s share option scheme to allow non-executive directors to be eligible to be awarded share options. The resolution, which passed …
