ZIMBABWEAN pension funds say they are shunning prescribed assets over fears of “being burnt” by value erosion amid a currency crisis. According to the Insurance and Pensions Commission (Ipec), pension …
finance
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ZIMBABWE’S tobacco export proceeds last year were US$746 million, down from US$838 million during the 11 months to December 2018, data provided by the Zimbabwe National Statistics Agency shows. This …
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INSURERS say high levies and taxes on premiums have made insurance unaffordable in Zimbabwe, exerting pressure on the country’s insurance penetration rate. At less than two percent, the country’s insurance …
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ZIMBABWE’S ongoing reforms make it a viable destination for private equity investment as the economy benefits from improved governance, transparency and management expertise, a local research firm has said. In …
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International News
Development banks worsening poor countries’ debt burdens: World Bank
by Omega Ukamaby Omega UkamaWORLD Bank President David Malpass on Monday chided other development banks for lending too quickly to heavily indebted countries, saying some were helping worsen already-challenging debt situations. Malpass said at …
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CAPTAIN Sean Williams will miss Zimbabwe’s Test match against Bangladesh as he will remain home to be with his wife for the birth of their first child. In his absence, …
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FOREIGN investors were net sellers of $68,3 million worth of shares on the Zimbabwe Stock Exchange (ZSE) in January, latest figures show. According to the bourse, foreign purchases accounted for …
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THE incessant attacks on local tycoons Kuda Tagwirei and Billy Rautenbach have once again reinforced the dangers of mixing business with politics and problems associated with Zimbabwe’s political economy, analysts …
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PROPERTY valuers have been urged to relook traditional valuation models as concerns heighten about the huge variations on properties, a new report has revealed. Internationally, a variance of between five …
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THE Zimbabwe Stock Exchange (ZSE) Industrial Index gained 45 percent in January to end at 1 109,41 points, while market capitalisation grew by $13,7 billion to end at $43,3 billion …