THE Institute of Chartered Accountants of Zimbabwe (ICAZ) says government’s decision for companies to adopt hyperinflation reporting will help with planning. The Public Accountants and Auditors Board (PAAB) last week …
finance
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PADENGA Holdings’ (Padenga) stock has gained more than 88 percent on the Zimbabwe Stock Exchange (ZSE) since August 28, when shareholders approved the company’s acquisition of a majority stake in …
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THE Securities and Exchange Commission of Zimbabwe (SecZim) says government should ensure an enabling investment environment through the enactment of legislation aligned to best practice to spur the country’s underdeveloped …
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BRITISH American Tobacco Zimbabwe (BAT) has appointed South African Kimesh Naidoo as the company’s new managing director with effect from October 22. Naidoo takes over from Clara Mlambo who stepped …
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PADENGA Holdings (Padenga), Zimbabwe’s largest crocodile skin producer, says it plans to pursue scientific methods to improve product quality. Themba Sibanda, the listed firm’s board chairman, said the group has …
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THE total value of transactions processed through the National Payment System (NPS) breached the $10 billion mark for the first time since the country adopted mobile money as the preferred …
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AUDITOR-General Mildred Chiri says weak internal control systems in State enterprises have allowed mismanagement and abuse of resources. This comes as her audit reports have over the years revealed various …
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LAFARGE Cement Zimbabwe (Lafarge) says it has plans to upgrade its manufacturing plant to improve production capacity and efficiency. Kumbirai Katsande, the company’s board chairman said the business had already …
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FOREIGN investor participation on the Zimbabwe Stock Exchange (ZSE) weakened in September, accounting for 16 percent of total trades from 34 percent recorded in August. A barometer of investor sentiment …
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ZIMBABWEAN insurers have been urged to adopt digital service models to improve insurance penetration rate in the country. According to Ernst & Young, Africa’s insurance penetration is about 3,5 percent …
