BUSINESS has warned that the country’s worsening power cuts, which are blamed on inadequate generation capacity and ageing infrastructure, threaten Zimbabwe’s economic recovery and rising industrial capacity utilisation. Speaking to …
finance
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THE 15th edition of the Sanganai/Hlanganani-World Tourism Expo will be held virtually from October 27-29, 2021. Zimbabwe Tourism Authority acting chief executive, Givemore Chidzidzi, told a press conference yesterday that …
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A GLOBAL think-tank has forecast that the Reserve Bank of Zimbabwe (RBZ) will make a series of rate cuts from next year, as inflation is seen moderating further. The central …
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ZIMBABWEAN banks say the government must speed up plans to pay its debts to creditors and normalise relations with the international community, to reduce the country’s high-risk perception. The southern …
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THE government wants to ensure the utilisation of local resources in the pharmaceutical value chain to reduce over-reliance on imports and create employment. According to Industry and Commerce minister Sekai …
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Empower Bank says it had to increase its provision for impairment losses by 649 percent during the half year to June 30, 2021 after the deterioration of its loan book, …
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A DERIVATIVES market for tobacco could soon be set up in Zimbabwe after the industry’s marketing board last week entered into an agreement with the Zimbabwe Stock Exchange (ZSE) and …
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HIPPO Valley (Hippo) is exploring opportunities to install solar energy generation plants on its estates to ensure uninterrupted power supply for its cane irrigation during peak growing periods. In a …
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THE Covid-19 pandemic has resulted in a surge in demand for ICT services. Demand has, however, outstripped installed infrastructure. The Financial Gazette’s Staff Writer, Farai Mabeza (FM), speaks to internet …
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METBANK reported an inflation adjusted profit of $113 million and a historical profit after tax of $105,3 million for the half year ended June 30, 2021, driven by a 30 …
