ZIMBABWE’S trade deficit for January was down by 82 percent compared to the same period last year after a sharp decline in imports from South Africa (SA). Latest trade data …
finance
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TRUWORTHS Zimbabwe says its financial performance for the half year ended January 6, 2019 was dampened by the introduction of a two percent tax on electronic transactions. Its trading expenses …
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THE Zimbabwe National Statistics Agency (ZIMSTAT) plans to start publishing national accounts on a quarterly basis. The move comes after the agency signed a Memorandum of Understanding (MoU) with the …
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AXIA Corporation Limited (AXIA) has partnered businesses that generate foreign currency as part of strategies to grow the company’s volumes going forward, a local equities research firm has said. Due …
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NATIONAL Foods (Natfoods) says the central bank has assumed its US$54,9 million legacy debt owed to a foreign supplier, in a move that will allow the food processor to continue …
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THE current fuel shortages in Zimbabwe are due to temporary lags in the banking system and working capital constraints faced by petroleum dealers, central bank governor John Mangudya has said. …
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ZIMBABWE has set up a special outfit under the central bank called the Asset Management Unit (AMU), to investigate individuals and companies who are deemed to have obtained wealth illegally. …
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THE Zimbabwe Stock Exchange (ZSE)’s change of trading currency to RTGS dollars will introduce currency risk into the market, analysts have warned. Currency risk, commonly referred to as exchange-rate risk, …
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PPC South Africa is bullish about the recent monetary policy changes in Zimbabwe, saying they are a positive development towards curbing inflation. Three weeks ago, central bank governor John Mangudya …
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THE Zimbabwe Stock Exchange (ZSE) cooled down last week as investors assumed a wait-and-see approach following various measures announced by the central bank in its Monetary Policy Statement (MPS). All …