WITH the African Continental Free Trade Area (AfCFTA) going into full swing, Zimbabwe is taking initial steps towards accessing new markets on the continent. According to ZimTrade, Zimbabwe had set …
finance
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THE insurance and pensions industry has of late had a number of compliance issues, ranging from fair treatment to failure to comply with statutory investment thresholds. Our Deputy News Editor, …
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FBC Holdings Limited (FBC) says it achieved a profit before tax of $12,2 billion and an after-tax profit of $8,1 billion on the back of its adaptation, resilience and tenacity …
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TURNALL Holdings Limited (Turnall) will maintain cost containment and business right-sizing as the company’s top priorities going forward to enhance profitability. This follows after the construction-materials manufacturer recorded an inflation …
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THE Infrastructure Development Bank of Zimbabwe (IDBZ)’s liquidity position and balance sheet was strengthened by its shareholder after injecting $1,43 billion during the half year to June 30, 2022. The …
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THE Zimbabwe Stock Exchange’s (ZSE) losing streak stretched to four months in August, as the bourse lost $340 billion to close with a capitalisation of $1,72 trillion. The market had …
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NEDBANK Zimbabwe (Nedbank) says its half-year profit after tax increased by 631 percent to $4,8 billion in inflation-adjusted terms from $663,7 million in the corresponding period last year. In a …
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CBZ Holdings (CBZ), the biggest financial services group in the country, has commended the Reserve Bank of Zimbabwe’s (RBZ) for introducing gold coins, saying investors would find a store of …
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WHILE business supports efforts by authorities to stabilise the economy, it is concerned that some of the measures being implemented could seriously affect the operations of many companies.
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INDUSTRY and commerce minister Sekai Nzenza, says the manufacturing sector will grow by 3,7 percent this year, as the government focuses on developing local industry’s capacity. This comes after manufacturing …