finance

ECOCASH Holdings (EcoCash) says a cocktail of regulations around its core activities has inhibited business growth, despite revenue hitting the $30 billion mark in inflation-adjusted terms.Advertisements In a statement accompanying …

BUSINESS continues to contend with major accounting and reporting challenges, amid the high inflation and exchange rate volatility, the Institute of Chartered Accountants of Zimbabwe (ICAZ) has said. This comes …

THE World Bank (WB) says Zimbabwe owes US$1,5 billion to the global financial institution and is currently the only African country which is in debt arrears to the Bretton Woods …

MONDAY’S introduction of the Mosi-Oa-Tunya gold coins is likely to “cool-off Zimbabwe’s raging parallel market” – in the short to medium term – as they will provide investors with “access …

THE total value of shares traded on the Zimbabwe Stock Exchange (ZSE) during the second quarter of the year (Q2) was $34,55 billion, a 201,7 percent increase compared to prior …

FARMERS are increasingly growing anxious ahead of the fast-approaching summer cropping season as preparations have been sent off the rails by inflation and currency volatility. Both the Commercial Farmers Union …

  COTTCO Holdings (Cottco) says it sold 50 187 tonnes of lint during the year to March 31, 2022, with 38 524 tonnes sold through the export market, while the …

A PRIVATE auctioneer will conduct “a rare public sale” of seven Civil Aviation Authority of Zimbabwe (Caaz) planes, meant for a 90s flying school, this weekend. While the country was …

The Exchange Control (Payment for Electricity and Related Services in Foreign Currency by Exporters and Partial Exporters) Order, 2022 was published in Statutory Instrument 131/22 on July 11, 2022. I …

OK ZIMBABWE says the Treasury’s two percent intermediated money transfer tax (IMTT) is straining its profitability. In its 2021 annual report that was released on Tuesday, the retail giant’s chairman, …