RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya expects both parallel market foreign currency rates and inflation to continue declining markedly in the coming weeks and months. This comes after …
finance
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THE Victoria Falls Stock Exchange’s (VFEX) All Share index gained 7,72 percent to 115,4 points during the second quarter ending June 30, 2022 from 107,1 points the previous quarter, the …
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THE Reserve Bank of Zimbabwe (RBZ) says by restricting resources available for credit growth, statutory reserve requirements continue to play a significant role in its tight monetary policy stance, which …
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ZIMBABWE should tap into its agriculture and horticulture potential to increase and diversify its exports to the United Arab Emirates (UAE) as total trade between the two countries hit US$1,9 …
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THE Zimbabwe National Chamber of Commerce (ZNCC) says the Reserve Bank of Zimbabwe (RBZ) must prioritise foreign currency allocations to exporting firms if it is unable to review its current …
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SEED Co International (Seed Co) says it will continue to leverage its essential service status in all its markets to continue being a vital cog in the primary food production …
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CABLE manufacturer Cafca says its three months sales cover in finished goods stock will allow the company to meet the +/- 1400 stock lines the market requires. In a trading …
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NATIONAL Tyre Services (NTS) says foreign currency shortages for the importation of new tyres from China and India continue to negatively impact margins. Though the Reserve Bank of Zimbabwe re-launched …
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MASS market banking institution POSB says it got US$7,6 million from the Reserve Bank of Zimbabwe (RBZ) foreign currency auction system for the first half of this year ending June …
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MEIKLES says its revenue grew by 88 percent during the quarter to June 2022 due to the easing of Covid-19 restrictions during the period. The quarter under review had much …
