CABINET has approved a financing agreement with Old Mutual Life Assurance Company Zimbabwe (OMLAC) for the construction of a four-star hotel in Victoria Falls. According to Information minister, Monica Mutsvangwa, …
finance
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GOVERNMENT intends to increase its shareholding in Cottco as part of plans to turn around the struggling firm, Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, has said. The government …
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ORGANISED business is keen to engage authorities over new regulations which criminalise traders who price their goods and services using parallel market foreign currency rates. Captains of industry and commerce …
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EMBATTLED flag carrier, Air Zimbabwe (AirZim), says it has successfully negotiated a debt settlement agreement with local and foreign creditors. The airline is saddled with $349 million and US$31,5 million …
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THE Zimbabwe Stock Exchange (ZSE) gained $90,72 billion in May as the benchmark All Share Index (ASI) put on 17 percent to close the month with year-to-date gains of 105 …
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THE Zimbabwe National Chamber of Commerce (ZNCC) says the Treasury should allocate more funds towards increasing efficiency of border systems in the 2021 midterm budget. In its submissions on the …
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THE mining industry says the decision to move collection of fees and commissions from the Minerals Marketing Corporation of Zimbabwe (MMCZ) to the Zimbabwe Revenue Authority (Zimra) will iron out …
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Tesla has allegedly repeatedly failed to pre-approve Elon Musk’s tweets, despite the rules of a court order. In 2018, the US Securities and Exchange Commission (SEC) accused Mr Musk of …
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NATIONAL Tyre Services’ (NTS) shares have gained more than 3 600 percent on the Zimbabwe Stock Exchange (ZSE) this year, spurred by an upsurge in sales volumes. The automotive tyres …
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THE Insurance and Pensions Commission (Ipec) says it expects industry players to significantly contribute towards financing the agriculture value chain through prescribed assets this year. This comes as the government …
