finance

STARAFRICA Corporation (Starafrica) looks set to return to its former glory after breaking a ten-year lossmaking streak by reporting a net profit of $8,8 million for the year to March …

FIDELITY Life Assurance (Fidelity) says its revenues grew by 88 percent during the first five months of the year helped by improved business from its Malawi unit. This comes as …

THE Zimbabwe Stock Exchange strengthened in June, rallying 8,62 percent to close the month at a total market capitalisation of $27 billion. This is despite the local bourse breaking its …

FIRST Mutual Properties (FMP) is banking on international tenants to generate foreign currency needed for the maintenance of its top end real estate assets. Elisha Moyo, the listed real estate …

FIRST Mutual Holdings Limited (FMHL)’s investment income rose to $65 million for the five months to May 2019, a 1 000 percent increase from $5,5 million recorded last year. Douglas …

FBC Holdings says banks have replaced bulk payments service Paynet with their own system, which is even better than the former. This comes as Payserv Zimbabwe (Payserv), the proprietors of …

NICOLAS Pompigne-Mognard, (NPM) Founder and Chairman of APO Group say the media should be used as an aid for development in Africa. He speak to The Financial Gazette’s Group Digital …

England captain Eoin Morgan says his side have been on a “rollercoaster” route to the World Cup semi-finals. Morgan’s men were on the verge of elimination after losses to Sri Lanka and Australia, but …

THE Reserve Bank of Zimbabwe’s (RBZ) decision to hike interest rates overnight window to 50 percent per annum from 15 percent will discourage speculative borrowing, an investment research firm has …

ZIMBABWE risks facing acute basic commodities shortages in the coming few months due to cash shortages and low disposable incomes, an equities firm has said. Old Mutual Securities (OMSEC) said …