GOVERNMENT must develop industries that beneficiate exports and promote import substitution in order to boost the country’s earnings, Old Mutual Securities (OMSEC) has said. Zimbabwe exports largely unprocessed goods, which …
finance
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THE value of mobile transactions processed through the National Payment System (NPS) increased by four percent in the week ended September 21 2018 to $2,76 billion, from $2,69 in prior …
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ZIMBABWE’s cumulative trade deficit in the eight months to August 2018 increased to $1,84 billion from $1,74 billion recorded in the year to December 2017, latest data shows. The southern …
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NATIONAL Foods Holdings (NatFoods) says its profit margins suffered after it failed to raise prices in line with inflation developments in Zimbabwe. In the face of considerable inflation developments in …
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FIRST Capital Bank (FCB) on Monday relisted on the Zimbabwe Stock Exchange (ZSE) after it changed its name from Barclays Bank of Zimbabwe. In October, 2017, Malawi Stock Exchange listed …
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ZIMBABWE’S hoteliers say they remain optimistic about future prospects, even as the country’s economic crisis deepens. Financial results of Rainbow Tourism Group (RTG), African Sun Limited (ASL) and Meikles released …
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FOREIGN buyers’ participation on the Zimbabwe Stock Exchange (ZSE) increased to $66 million during the first seven months of the year from $27,4 million in the previous comparable period due …
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ZIMBABWE’S banking sector recorded a net profit of $176,1 million for the six months to June 30, 2018, a 75,1 percent increase from $100,6 million recorded in the previous comparable …
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GOVERNMENT’S domestic debt has escalated by over $9 billion in the past six years largely on civil servants salaries and other recurrent State expenditure. Presenting a mini-fiscal review on Monday, …
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PHARMACEUTICALS maker MedTech Holdings (MedTech) has warned of a looming drugs shortage due to the escalating foreign currency challenges. Projecting the company’s outlook after announcing its financials for the half …
