ZIMBABWE’S dire electricity situation, which has been headlined by rolling blackouts, is killing business, with companies facing unprecedented downtime while operating costs have skyrocketed as firms turn to diesel-powered generators …
finance
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ACTIVITY in dual-listed equities on the Zimbabwe Stock Exchange (ZSE) has declined significantly since the Reserve Bank of Zimbabwe (RBZ) placed a three-month vesting period on the trading of such …
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FIDELITY Life Assurance Zimbabwe (Fidelity) is mulling to embark on a multi-million dollar rights offer aimed at unlocking shareholder value and increasing the company’s revenue streams. This comes as the …
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PERFORMANCE of Zimbabwe’s sickly economy remains subdued due to low confidence, which has “largely been caused by government’s erratic policies”, a Daily News business conference heard recently. The country’s economy …
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ZIMBABWE’S struggling businesses are targeting to generate foreign currency in the second half of the year to preserve value and maintain market share, The Financial Gazette has learnt. This comes …
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CFI Holdings (CFI) says the performance of its subsidiaries under judicial management improved significantly during the half year to March 2019, bouyed by Agrifoods’ revitalisation. This comes as the milling …
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INFORMATION minister Monica Mutsvangwa says government has approved an arrangement between Zesa Holdings (Zesa) and some hotels in Zimbabwe, which will see the state-owned power utility receiving payment in foreign …
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ZIMBABWE’S liquidity crisis is significantly hampering the central bank’s decision to minimize the country’s credit risk by alleviating non-performing loans (NPLs), an international think-tank has said. The Reserve Bank of …
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PRESIDENT Emmerson Mnangagwa’s government has been urged to swiftly grant the central bank its autonomy as part of strategies to jumpstart the country’s ailing economy. This comes after Finance minister …
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ZIMBABWE’S annual inflation reached a peak of 176 percent in June, despite assurances from government that prices will stabilise in August. The latest figures have sparked fears that the country …
