ZIMBABWE’S complex regulatory system and red tape is discouraging the growth of start-ups and small to medium enterprises, an economist has said. In an interview with The Financial Gazette, John …
finance
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FOREIGN investors accounted for 26 percent of trades on the Zimbabwe Stock Exchange (ZSE) and were marginal net buyers as they recorded net purchases of $0,3 million worth of shares …
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THE return of the Zimbabwean dollar as the sole legal tender was hurried and has not achieved its intended purpose, a research firm has said. This comes as the economic …
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THE Reserve Bank of Zimbabwe (RBZ) has revised the minimum capital requirement for commercial banks to $200 million by 2020, from $100 million. “Going forward, all Tier 1 banking institutions …
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RAINBOW Tourism Group (RTG) says its profit for the six months ended June 30, 2019 which stood at $5,4 million, was 25 times higher on the prior period after a …
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ZIMBABWE is set to incur a huge budget deficit by year-end due to failure to contain government expenditure and costs created by Cyclone Idai, among other challenges, experts said. This …
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THE corporate sector faces even tougher times ahead as the cost of doing business keeps soaring — driven by rising inflation and interest rates, as well as the continued weakening …
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CAFCA says demand on the domestic market remains depressed but the company is increasing exports to generate foreign currency and cushion it from losses. In a trading update for the …
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ZIMRE Property Investment Limited (ZPI) says it benefitted from currency reforms that government adopted in February this year, which saw the company record exchange rate gains of $3,3 million during …
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FALCON Gold Zimbabwe (Falgold) is seeking to relist on the Zimbabwe Stock Exchange (ZSE) after it finally published its financial results last week. ZSE suspended trading of the gold miner’s …
