finance

ZIMBABWEAN banks have been reaping huge profits, which are mostly inflation driven but as the economy stabilises, the trend is expected to taper off, a new report has shown. The …

VARUN Beverages Zimbabwe (Varun) is set to increase its foothold on the local market after commissioning a new US$60 million production plant yesterday, as it announced plans to go into …

OVER the last decade, there has been an unprecedented crisis in the global financial services industry to which the insurance industry has not been immune. In addition to the expected …

LISTED conglomerate Innscor Africa Limited (Innscor) recorded an inflation adjusted revenue of $66,9 billion for the year to June 30, 2021 up from $49,4 billion prior year on the back …

RIOZIM Limited says it will prioritise the completion and commissioning of its Biological Oxidation (BIOX) plant project before the close of the financial year to December 31 to increase gold …

THE Old Mutual (OM) Exchange Traded Fund (ETF) has gained 50 percent since the beginning of August, reclaiming a lead over its benchmark, the Zimbabwe Stock Exchange (ZSE) Top 10 …

ZIMPLOW Holdings (Zimplow) says its profit declined by 21 percent to $228 million during the half-year to June 30, 2021, due to “currency distortions” in Zimbabwe. This was despite a …

GOLD miner Caledonia expects to sink US$1,6 million over the next 24 months at the newly-acquired Maligreen project in Gweru, while it explores other mining opportunities in the area as …

THE proportion of households with access to the Internet in Zimbabwe has increased from 33,2 percent in 2014 to 50,1 percent in 2020, the Zimbabwe National Statistics Agency (Zimstat) has …

PADENGA Holdings (Padenga) has gained close to 60 percent on the Victoria Falls Stock Exchange (VFEX) since late-July, recovering from the early losses it suffered at its migration to the …