PRICES of property materials are expected to remain high during the second quarter of the year due to high financing costs, Old Mutual Securities (OMSEC) has said. In their portfolio …
finance
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FIDELITY Life Assurance (Fidelity) says it is hopeful that its Malawi business will help keep it afloat in 2019. This comes as the Zimbabwe Stock Exchange-listed life assurance group recently …
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ZIMBABWE’S year-on-year inflation rose to a ten-year high of 75,86 percent in April from 66,8 percent in March, pushed by persistent increases in the price of basic goods, statistics agency …
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Great Britain’s women’s 4x100m relay team missed out on the chance to qualify for the World Championships as they failed to finish their heat at the World Relays in Japan. …
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THE Zimbabwe Revenue Authority (ZIMRA) says it saw a considerable increase in taxes related to corporate earnings and dividends during the first quarter of 2019, after some firms recorded robust …
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ZIMBABWEAN insurers and pension funds have been forced to helplessly watch their books’ value get eroded by rising inflation, as regulators’ investment rules restrict their ability to save the situation. …
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ZIMBABWEAN commercial banks have been given a respite by the recent monetary reforms as they are now required to have RTGS$100 million in capital by 2020 instead of the initial …
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UNIFREIGHT Africa (Unifreight) says it is “on track” to achieve its long term strategic goals after embarking on a restructuring exercise nearly five years ago. The group was restructured in …
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THE National Social Security Authority (NSSA) says it has extended its social security net coverage through its subsidiary, the National Building Society (NBS). NBS, which has managed to offer affordable …
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RAINBOW Tourism Group (RTG) has declared a dividend for the first time since 2006. This comes after the listed hospitality concern recorded a profit after tax of $5 million for …
