finance

TRANSACTIONS processed through the National Payment System (NPS) stood at $2,4 billion during the week ending April 27 up from $2 billion recorded the previous week. The 20 percent rise …

THERE is a real risk that the Zimbabwean economy could come undone if no changes are made to current policies, the World Bank says. In its April 2018 Macro Poverty …

DELTA Corporation’s sparkling beverages market share could decline during the current reporting season following the coming on stream of a Pepsi plant early this year, an analysis on the company’s …

PRIVATE equity and advisory firm Brainworks has disposed of its local life assurance business in a $6,8 million deal.Advertisements “Brainworks Capital Management has entered into a share sale and purchase …

ZIMBABWE’s banking sector deposits, which amounted to $8,48 billion as at December 31, 2017 from $6,51 billion in 2016, are “artificial” because they are not underpinned by normal market forces, …

THE Confederation of Zimbabwe Industries (CZI) will hold its 2018 Congress and International Investment Forum from September 26-28 in Bulawayo. The congress, which runs under the theme From Dialogue to …

EX-Australia vice-captain David Warner will resume his club career with Sydney side Randwick Petersham while serving a year-long ban for ball-tampering.Advertisements Warner was suspended after the incident against South Africa …

SPECIAL advisor to President Emmerson Mnangagwa, Chris Mutsvangwa’s son Neville has been appointed to the Ariston Holdings board by the National Social Security Authority (NSSA), The Financial Gazette has learnt. …

OLD Mutual Zimbabwe chief executive officer, Jonas Mushosho, says the effects of Zimbabwe’s hyperinflation, which ruined the economy and destroyed the domestic currency, will linger on for a long time. …

FIRST Mutual Holdings Limited (FMHL)’s gross premium written (GPW) rose seven percent during the year to December 31, 2017 to $124,9 million, from $116,4 million realised the previous year. The …