TRANSPORT minister Joel Matiza says the Civil Aviation Authority of Zimbabwe (CAAZ)’s restructuring exercise has delayed the appointment of a new board for the parastatal. Last year, government enacted Civil …
finance
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FINANCE minister Mthuli Ncube’s rosy growth projections for next year are unattainable — due to the country’s worsening economic climate, mounting fiscal pressures, waning investor confidence and continuing policy flip-flops, …
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ZIMBABWE’S industry faces tougher times ahead as inflationary pressures continue to push the cost of doing business, the Confederation of Zimbabwe Industries (CZI) has said. The country’s largest business member …
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THE market value of the Zimbabwe Stock Exchange (ZSE) has fallen by over 80 percent in US dollar (USD) terms since February, as the local currency continues to lose value …
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THE total value of shares traded on the Zimbabwe Stock Exchange (ZSE) declined by 14,4 percent to $466,6 million during the third quarter of the year, from $545,5 million recorded …
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HWANGE Colliery Company (Hwange) says high costs and low output have kept it in a net current liability position. The company, however, swung to a $3,5 million profit in the …
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The local insurance and pensions industry says the mandatory requirement to invest in prescribed assets restricts them from investing in other value preservation assets in the face of rising inflation. …
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ZIMBABWE’S diesel imports dipped to a 31-month low of US$57,5 million in August from US$78,3 million in July, due to foreign currency shortages, data provided by the Zimbabwe National Statistics …
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THIS year Standard Chartered Zimbabwe embarked on a digitisation strategy which has seen the country’s oldest bank close down most of its brick and mortar branches across the country. The …
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THE Zimbabwe Stock Exchange’s (ZSE) shallow Minings Index climbed 21,44 percent to 317,75 points in September buoyed by a 71,43 percent gain in Bindura Nickel Corporation (BNC). The nickel miner’s …
