finance

ZIMNAT Asset Management Company is set to take control of several funds worth US$5,5 million, which were under the management of Tetrad Financial Services (TFS) Asset Management Company. TFS, a …

THE People’s Own Savings Bank (POSB) says identification of investors under the state-owned entity’s partial privatisation bid will be complete and ready for government approval in the second half of …

COMPANIES are amplifying their voices against the two percent Intermediated Money Transfer Tax (IMTT), which they want revised to cushion businesses from the debilitating effects of coronavirus. At the same …

ZIMBABWE’s money market has undergone a wave of innovation with issuers diversifying offerings to balance investors’ needs for liquidity and value-preservation, a wealth management firm has said. Some of the …

Following on from last week’s article on the African Continental Free Trade Area (AfCFTA) opportunity for Zimbabwe, where we contend that agriculture is a strategic area for the country in …

  ZIMBABWE should use its allocation of Special Drawing Rights (SDRs) from the International Monetary Fund’s (IMF) $650 billion global rescue package to invest in capital projects and bolster its …

BUSINESS will stump up $230 million on Covid-19 vaccinations as it seeks to avoid disruptions similar to those previously caused by hardened lockdowns imposed by authorities to contain the spread …

GB Holdings (GB)’s revenue grew by 52 percent to $334 million during the year ended December 31, 2020, driven by market share consolidation. The company is the sole manufacturer of …

VOLATILITY on the Zimbabwe Stock Exchange (ZSE) is likely to persist during the second quarter of year, as investors are expected to keep taking positions in equities as “a currency …

AFROCHINE, the local unit of the China-based Tsingshan Holding Group, says it has commenced works to build an iron ore mine and a carbon steel plant in Mvuma. In an …