RIOZIM has lost millions of dollars in potential revenue due to subdued output at a time international gold prices have enjoyed a sustained rally. Saleem Beebeejaun, RioZim’s board chairman, said …
finance
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GETBUCKS Microfinance Bank (GetBucks) says the recent hike in interest rates has put pressure on the company’s profit margins. In a statement accompanying results for the year ended June 30, …
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THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says local voice and data tariffs remain the lowest in the region, even after the recent adjustments. The regulator recently approved …
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ZIMBABWE’S nickel exports hit an all-time high of US$533 million in September this year, up from US$394 million during the 11 months to December 2018 due to increased global demand, …
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THE speed at which Africa is currently embracing technological disruption gives the feeling of a continent on a mission to make up for the time and opportunity lost during the …
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THE Confederation of Zimbabwe Industries (CZI) says capacity utilisation is set to decline much more than expected this year as power shortages continue to impede productivity. In January, the industry …
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THE Securities and Exchange Commission of Zimbabwe (SecZim) Seczim has blamed the central bank for failing to operationalise a US$5 million facility set up more than two years ago to …
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THE Chamber of Mines of Zimbabwe (CoMZ) says miners continue to face power challenges despite entering into a special agreement with ZESA Holdings (ZESA) for ring-fenced power supply. ZESA says …
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OLD Mutual Securities (OMSEC) says investors should buy stocks from Axia Corporation Limited (Axia), African Sun Limited (ASL), Turnall, Padenga and OK Zimbabwe for better returns. This comes as the …
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FALCON Gold Zimbabwe (Falgold) shares spiked to a four-year high in October after gaining 20 percent on the Zimbabwe Stock Exchange (ZSE) to close at three cents. In September, the …
