Business News
1 year ago | November 23, 2022
Activities remain subdued at ZSE
Business Writer Equities on the Zimbabwe Stock Exchange (ZSE) remained muted with the ZSE All Share Index adding just ...
Zim benefits from crocodile ranching schemes
Business Writer Zimbabwe has benefited from crocodile ranching programmes that have worked as an incentive for ...
Global stocks rally but oil prices tumble
AFP US and European stock markets mostly picked up on Friday as investors fished for bargains and shrugged off losses ...
Old Mutual plans to launch bank in 2024
By Karl Gernetzky Financial services group, Old Mutual, has received approval from the SA Reserve Bank’s ...
1 year ago | November 22, 2022
Econet records $5 billion loss
Enacy Mapakame Econet Wireless Zimbabwe slumped into a $5 billion loss for the half year to August 31, 2022 compared to ...
ZESA switches on Zimasco over tariff dispute
Business Writer Zimasco, a unit of Sinosteel Corporation, has closed down its smelter in Kwekwe after Zesa cut power ...
ZIMOCO starts 2022 Grand Cherokee distribution
Business Writer PREMIUM car dealer, ZIMOCO, officially launched the distribution of the 2022 Jeep Grand Cherokee, in ...
Global stocks rally but oil prices tumble
AFP US and European stock markets mostly picked up on Friday as investors fished for bargains and shrugged off losses ...
UK debt binge threatens to haunt its bond market for years
Bloomberg Investors are slowly coming to terms with the sheer size of the UK government’s borrowing needs over the next ...
1 year ago | November 21, 2022
Zim’s industrial statistics compromised by low responses
Business Writer The country’s industrial statistics are compromised as a result of low response rates by ...
Nssa reviews pensioners’ payouts
Oliver Kazunga NATIONAL Social Security Authority (NSAA), has increased pension payouts by between 17,5 and 22,4 percent ...
AFC, CBZ to fund 225 000 hectares of cereal crops
Business Writer The country’s leading financial institutions, AFC Bank and CBZ, have revealed will support over 225 000 ...
Will smaller gold coins further anchor stability?
Business Writer There are many questions being asked about the gold coins, especially the smaller coins introduced into ...
2023 budget expectations
Persistence Gwanyanya Whilst it is true that a National budget is inadequate to address challenges of permanent and ...
1 year ago | November 18, 2022
Rate hike won’t drive NPLs, firms taking USD loans: RBZ
Golden Sibanda Business Writer The Reserve Bank of Zimbabwe (RBZ) has insisted that its decision to hike the bank policy ...
Simbisa on track for VFEX listing
Enacy Mapakame Quick restaurants services group Simbisa Brands Limited is on track with its plans to migrate to the ...
Quarter to forget for listed firms
Business Writers LISTED firms say tight monetary policies introduced at the beginning of the third quarter of 2022 ...
Innscor spreads US$56m on 8 business units
Nelson Gahadza Innscor Africa Limited says the planned US$56 million investment in financial year 2023 will be spread ...
Celebrity endorsement in brand building
Leslie Mupeti What is celebrity endorsement? Every day when consumers turn on the television or go online, they are ...
Foreign Affairs ministry underfunded
Business Writer Zimbabwe is underfunding its foreign missions, according to the Quarterly Budget Performance Report on ...
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