RAINBOW Tourism Group (RTG) expended $92 million on capital expenditure last year, mainly focusing on capacitating new business units as well as on basic care and maintenance of hotels. In …
finance
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DAIRIBORD Holdings (Dairibord) says its sales reached a five-year high in 2021 at 94,2 million litres, but expects moderate growth in the outlook in the wake of rising domestic and …
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THE Zimbabwe Investment and Development Agency (ZIDA) says it is promoting agriculture and mineral value chain investment opportunities in the country through a US$250 million cotton project earmarked for Manicaland. …
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EMPOWERBANK is improving its technology “backbone” to augment its presence in the digital banking space. The state-owned microfinance bank’s chief executive, Shadrek Mhembere, said the institution had scaled down on …
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CONSULTANTS working on the valuation of Zimbabwe’s biodiversity economy say the country should issue green bonds on the Zimbabwe Stock Exchange (ZSE) to raise money for environment and climate related …
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THE government says it is targeting to improve agro-processing value chains, which include soya bean, cotton and leather, to promote beneficiation in the sector.Advertisements This comes as the government continues …
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TURNALL Holdings (Turnall) says it has lined up a number of projects in a bid to grow its business, market share and net profit. The strategy is meant to hedge …
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CHINA is set to offer a US$100 million line of credit to Zimbabwe and Rwanda for a chilli project under joint business agreements between the two African nations. In Zimbabwe, …
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THE Zimbabwe Stock Exchange’s (ZSE) market capitalisation grew by $644 billion to $1,98 trillion during the first three months of 2022, as demand for stocks persisted. Over the past few …
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ZIMBABWE Revenue Authority (Zimra) has begun revamping the domestic tax and revenue system in the country in a bid to iron out operational inefficiencies. Over the years, Zimra’s e-services platform …
