finance

SILVERBACK Asset Management Company has launched Mombe Mari Trust a fund created as an investment vehicle in the Zimbabwe beef industry by identifying businesses that will contribute to the growth …

LEADING packaging products supplier, Nampak Zimbabwe Limited (Nampak), says global supply chain bottlenecks and increased competition for available plastic and paper raw materials are disrupting the company’s manufacturing operations. In …

ZIMBABWE’S largest financial services group by assets, CBZ Holdings (CBZ), has declared a dividend of $500 million or 95,78 cents per share, for the half year ended June 30, 2021. …

GOVERNMENT says it will set up a Horticulture Export Revolving Fund to support companies in the sector that are struggling with foreign currency requirements. Speaking during a post-Cabinet media briefing …

THE government has so far spent $41 billion on payments for grain deliveries this year, with a record 1,3 million tonnes being received by the Grain Marketing Board (GMB), Information …

THE all-new Nissan Navara launched in Harare last week is a fusion of comfort, smartness and a marvel for car enthusiasts. Speaking during the vehicle launch, Nissan marketing director Stefan …

GETBUCKS Microfinance Bank (Getbucks) is unlikely to meet the Reserve Bank of Zimbabwe’s US$5 million minimum capital requirement by year end. This comes as the financial institution recorded inflation-adjusted regulatory …

PADENGA Holdings (Padenga) plans to recommence exports of crocodile meat to Europe in the last quarter of the year. In a trading update for the quarter ended September 30, 2021, …

THE Confederation of Zimbabwe Industries (CZI) last week held its annual congress, after a Covid-19 pandemic-induced hiatus, amid concerns over renewed threats to macroeconomic stability from inflationary pressure and power …

THERE has been several initiatives on the local capital markets aimed at increasing retail investor participation. There has been a lot of interest, particularly in new products such as Exchange …