finance

THE Insurance and Pensions Commission (IPEC) says the dominance of a few companies in the local insurance industry is “worrisome” and poses great risk for the sector. Grace Muradzikwa, the …

THE Insurance and Pensions Commission (IPEC) says uptake of prescribed assets has remained low amid calls for government to come up with instruments that encourage participation in line with global …

The International team took a 4-1 lead over the United States after the opening-day fourballs in the Presidents Cup at Royal Melbourne in Australia. US playing captain Tiger Woods and …

MEDTECH Holdings’ (MedTech) says it is in negotiations to sell some of its assets while it is also in the market to acquire a business in a different sector. In …

THE government’s move to force exporters to pay electricity bills in foreign currency is evidence of the economy’s drift towards re-dollarisation, analysts have said. Statutory Instrument (S.I.) 249 of 2019, …

WHEN President Emmerson Mnangagwa rose to power in 2017, he promised to overhaul State-owned enterprises, which had been bleeding the fiscus for close to two decades. However, two years into …

FOREIGN participation on the Zimbabwe Stock Exchange (ZSE) declined by 45 percent in November as the country’s economic troubles continue to keep investors at bay. Latest data provided by the …

LAFARGE Cement Zimbabwe (Lafarge) says mortgage rate increases have dampened individual home builders demand for the company’s products. In September, the central bank raised interest rates from 50 to 70 …

THE Insurance and Pensions Commissions (IPEC) says government’s currency changes have complicated the conversation of pensions and insurance benefits following dollarisation of the economy in 2009. The government initiated currency …

ZIMBABWE’S latest currency reforms have created tax reconciliation challenges for both taxpayers and the tax collector, it has emerged. The reforms — headlined by a controversial return of the Zimbabwe …