The widening gap between the official and parallel market exchange rates has created valuation and accounting difficulties, Fidelity Life Assurance (Fidelity) has said. It comes as a scarcity of foreign …
finance
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INDUSTRY and commerce minister, Sekai Nzenza says the government is working on a new Commerce Sector Development Strategy that will usher in an improved environment for businesses, as the country …
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NATIONAL Foods Holdings (NatFoods) was the best returning counter on the Zimbabwe Stock Exchange (ZSE) in October, with gains of 135 percent. The stock gained $919 to close the month …
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FIDELITY Printers and Refiners (FPR), the sole buyer and exporter of refined gold in Zimbabwe, is seeking an allocation of US$50 million under the 2022 National Budget, for its Gold …
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BRITISH American Tobacco Zimbabwe (BAT)’s export volumes rose by 44 percent during the nine months to September 30, 2021 on the back of increased demand. Overall, the tobacco processor recorded …
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ZIMBABWE is making marginal yearly increases in the volumes of locally-produced tobacco that it processes into cigarettes, as the bulk of the golden leaf makes its way into the export …
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ZIMBABWE’S trade development and promotion body, ZimTrade, says the manufacturing sector needs affordable long-term financing to compete in the African Continental Free Trade Area (AfCFTA). ZimTrade director for operations, Similo …
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BORDER Timbers Limited (BLT), which is under judicial management, is struggling to shake off the Covid-19 spell as disruptions in production from last year continue to cause logistical bottlenecks for …
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THE government says it is setting up a Companies and Intellectual Property Office as part of the ease of doing business reforms to increase foreign direct investment into the country. …
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THE Zimbabwe Revenue Authority (Zimra) published its third-quarter revenue performance report recently. This coincided with cargo traffic clearance glitches at the busiest dryland port of entry in Southern Africa, Beitbridge …
