THE government’s continued currency twiddling and push for a new legal tender will not solve Zimbabwe’s deepening economic woes, analysts have warned. This comes as President Emmerson Mnangagwa has made …
finance
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ZIMBABWE’S construction industry recorded 110 percent inflation during the first quarter, official figures have shown. This comes as prices of goods and services in the country are skyrocketing following the …
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FAST food chain Simbisa Brands (Simbisa) last week won the Top Companies Survey 2019 award for best performing Zimbabwe Stock Exchange-listed company. The survey, held under the theme “Reality Check …
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SEEDCO Holdings (SeedCo) shares have lost 21 percent this year due to effects of a poor farming season caused by drought. The latest development comes at a time most stocks …
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THE Insurance and Pensions Commission (IPEC) says less than half of the players in the non-life insurance industry complied with the minimum prescribed assets ratio in 2018. According to the …
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ZIMBABWE Stock Exchange-listed retailer OK Zimbabwe (OK) says it has been facing product supply challenges due to shortages of foreign currency and dysfunctions in the local industry. This comes as …
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ZIMBABWE’S cash-strapped government says it is relaxing procurement requirements for restructured public enterprises. This comes as government last year gave some under-performing State-owned enterprises (SOEs) and parastatals — among them …
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THE introduction of the RTGS dollar has created challenges for Zimbabwe’s banking sector, the International Monetary Fund (IMF) has said. This comes as the southern African country’s monetary authorities have …
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NAMPAK, Africa’s largest diversified packaging manufacturer, says it is withholding dividends to shareholders due to a worsening liquidity crisis in Zimbabwe. Although volumes at the Zimbabwe unit have continued to …
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DELTA Corporation (Delta), Zimbabwe’s largest beverages manufacturer, is expanding its wings in the region to generate more foreign currency. This comes as the company has been failing to access enough …