finance

ABC Holdings (ABC)’s performance, across its subsidiaries in 2020 was negatively affected by the Covid-19 pandemic, resulting in a loss of US$27 million. ABC is parent company to a number …

THE Reserve Bank of Zimbabwe (RBZ) says foreign dividend remittances out of the country were up by 213 percent to US$209,7 million during the six months to June 2021, compared …

RECENT news flow on capital markets indicates that the People’s Own Savings Bank (POSB), has submitted a proposal to Cabinet for the listing of the bank on the local bourse. …

As the world continues to grapple with the Covid-19 pandemic, the death toll continues to rise. As much as the battle continues and numbers are being reined in, the cold …

THE Zimbabwe Stock Exchange (ZSE) says two local pension funds are working on listing Real Estate Investment Trusts (REITs). REITs are vehicles that own, operate, or finance income-generating real estate, …

BUSINESS is fully behind the measures being taken by the Reserve Bank of Zimbabwe (RBZ) as it fortifies its push to rein in the parallel foreign exchange market, to further …

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says the government will soon start setting aside part of the country’s export proceeds to build up foreign currency reserves. According to …

ZIMBABWE spent $1,5 billion on irrigation development during the first half of the year, which was complemented by US$2 million from development partners, as part of efforts to make the …

AUTHORITIES say the stability-inducing forex auction continues to spur revival of production in the economy — with capacity utilisation expected to reach 60 percent by year-end — as industry continues …

AMID decades of Zimbabwe’s persistent currency woes ­— which have left the country’s financial system in disarray ­— the Zimbabwe Stock Exchange (ZSE) has remained steadfast as a hedge of …