FINANCE minister Mthuli Ncube last week proposed to increase his ministry’s budget allocation for 2019 by 440 percent from $274 million to $1,48 billion, raising eyebrows among legislators. If approved, …
finance
-
-
PADENGA Holdings (Padenga), Zimbabwe’s largest crocodile skin producer, says it is diversifying into gold mining to increase revenue streams. The company, which is seeking shareholder approval to acquire a majority …
-
BINDURA Nickel Corporation (BNC) says it sees the price of nickel firming from the current levels of around $13 000 per tonne to over $17 000 per tonne due to …
-
THE Reserve Bank of Zimbabwe (RBZ) has extended the deadline of a US$15 000 minimum capital requirement for bureaux de change to December this year. In April this year, the …
-
OK ZIMBABWE should maintain its market share to break even in the current environment characterised by weak consumer spend, price increases and shortage of foreign currency, a local equities research …
-
FOREIGN investors were net buyers accounting for $23,4 million worth of shares on the Zimbabwe Stock Exchange (ZSE) in July, with particular interest in Innscor Africa Limited (Innscor), Dawn Properties …
-
Lewis Hamilton staged a thrilling fightback to catch and pass Max Verstappen for victory in the Hungarian Grand Prix. Hamilton’s eighth win of the season puts a headlock on the …
-
ZIMBABWEAN life assurance firms are seeking a reprieve from government on prescribed assets, which they say are inhibiting their ability to invest in value preserving assets. This comes as the …
-
THE prices of local basic commodities in Zimbabwe remain relatively low in real terms compared to regional countries, research firm Morgan & Co has said. Zimbabwe has been experiencing a …
-
BINDURA Nickel Corporation (BNC) says the US$26 million smelter restart project remains on hold but plans are afoot to complete it when nickel prices firm in future. BNC floated a …
