ZIMBABWE’S recent changes in the monetary system will not give much impetus to the struggling economy due to restrictions on trading currencies, an international think-tank has said. This comes as …
finance
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TREASURY’S recent rebasing of 2018 economic statistics to reflect GDP value in the RTGS dollar has created confusion, as it conflicts with Statutory Instrument (S.I.) 33 of 2019, analysts have …
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DELTA Corporation (Delta), Zimbabwe’s largest beverages manufacturer, says it has rebased its balance sheet from the United States (US) dollar to the RTGS dollar using the interbank market rate, even …
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LISTED cable maker CAFCA says it is concerned that the current foreign currency shortage in Zimbabwe could lead to “hyperinflation”. This comes only a decade after the country suffered an …
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DELTA Corporation, Zimbabwe’s biggest company by market value, is bracing for cash-strapped consumers to spend less on its beverages in the months ahead. The manufacturer of Zambezi Lager beer and …
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THE Zimbabwe Stock Exchange (ZSE) says it will next month launch a service, which will give fund managers and institutional investors direct access to the market without manual intervention …
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Manchester City say they are “disappointed, but regrettably not surprised” after being referred to Uefa’s club financial control body. BBC Sport reported this week that Uefa investigators want City banned from …
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STRUGGLING coal miner Hwange Colliery Company Limited (HCCL) says its future is under threat due to the non-renewal of its western area concession. Mines minister Winston Chitando recently told Parliament …
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THE Zimbabwe Stock Exchange (ZSE) has given a free pass to listed firms that received auditors’ ‘adverse opinions’ on their results for the period ending December 2018 for failure to …
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FOREIGN investors were net sellers of $400 000 worth of shares on the Zimbabwe Stock Exchange (ZSE) last week, latest figures show. According to the ZSE, foreign purchases accounted for …
