ECOBANK Group says its Zimbabwean operations supported various sectors of the economy, disbursing letters of credit (LCs) and guarantees amounting to US$320 million for the year ended December 31, 2021. …
finance
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BUSINESS says the ministry of Finance’s latest policy measures, including legislating the multi-currency system into law, are not sufficient to lift the economy. Captains of industry and commerce who spoke …
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FINANCE minister Mthuli Ncube says the government will provide interim relief to millers by releasing wheat and maize reserves with a view to stabilise grain prices. This comes as the …
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OK Zimbabwe Limited recorded a 34,7 percent increase in revenue to $79,9 billion for the year to March 31, 2022, from $59,3 billion the prior year due to a 22,7 …
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MORGAN & CO’s Made in Zimbabwe Exchange Traded Fund (ETF) gained 18 percent during its first week of trading. This was despite a sustained slump on the Zimbabwe Stock Exchange …
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AS government’s quest for an optimal foreign exchange market continues, the Reserve Bank of Zimbabwe (RBZ) this week announced plans for a forward market. A forward market sets a spot …
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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-282113.mp3?cb=1732288064.mp3THE death of a person does not change the nature of his income nor how it is taxed. If an amount would have been income in the hands of the …
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GENERAL Beltings says the Covid-19 pandemic affected demand for its products in key markets while parallel exchange rate instability fuelled a rise in operating costs. In a statement accompanying the …
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A CONSORTIUM of local pension funds’ plans to acquire Namibia’s Grove Mall in a record US$113 million deal – led by Bard Santner Investors (BSI) – has been welcomed by …
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TURNALL Holdings says it is investing in a new state-of-the-art Glass Reinforced Plastic plant (GRP), which will enable the production of new tech pipes in high demand in local and …