MASIMBA Holdings says its revenue was down by 12 percent to $7,4 billion during the year to December 31, 2022, due to the slow start of key projects.Advertisements Notwithstanding the …
finance
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THE Export Credit Guarantee Corporation (ECGC) is planning to expand its credit guarantee schemes for micro, small and medium enterprises (MSMEs) this year in a bid to capacitate start-ups to …
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FINANCE ministry permanent secretary George Guvamatanga says small to medium enterprises (SMEs) deserve to be supported by the financial sector as they offer value for credit.Advertisements This comes after First …
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ZIMPLOW subsidiary Barzem will exit the Caterpillar distributorship on September 30, 2022, due to changes in the strategic direction by both parties, the group announced this week. Barzem has been …
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THE Infrastructure Development Bank of Zimbabwe (IDBZ) says it is engaging the government to secure land assets, which would help bolster its balance sheet. This comes after the financial institution …
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BUSINESS expects little improvement in the operating environment in the short to medium term, amid continuing policy inconsistencies, rising inflation and high Zimbabwe dollar volatility. Experts who spoke to The …
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INDUSTRY and Commerce minister Sekai Nzenza says the manufacturing sector shall continue to get priority at the Reserve Bank of Zimbabwe’s foreign currency auction. This comes after capacity utilisation grew …
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STANDARD Chartered Bank says it has accelerated its digital strategy to fully automate service provision capabilities to customers and stakeholders, while improving productivity and lowering operational costs. In a statement …
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RIOZIM has lost millions of dollars in potential revenue due to low-capacity utilisation, at a time international gold prices have enjoyed a sustained rally. The resources group missed out on …
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THE treasury has suspended implementation of statutory instrument (SI) 130A of 2022 made by President Emmerson Mnangagwa last month, due to some errors in the statute. The decree, which was …
