Local

4 months ago | January 16, 2024

Local currency shortages and USD demand stifle stock markets

Tapiwanashe Mangwiro The local market is facing liquidity challenges which have resulted in lower buying momentum as ...

Industry Policy to drive firms resuscitation

Business Writer ZIMBABWE National Industrial Development Policy (ZNIP) will focus on resuscitation of ailing industries ...

Caledonia to spend US$34 million on capital expenditure

Enacy Mapakame The Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation Plc, has ...

4 months ago | January 15, 2024

Firms increase power investments for own use

Business Writer There has been an increased investment in renewable energy by independent power producers (IPPs) in ...

4 months ago | January 12, 2024

Exchange rate, informalisation concern business

Michael Tome Business Writer PARALLEL and official market exchange rates convergence should be at the core of the ...

Innovative strategies key for companies to raise capital

Nelson Gahadza Traditional methods of raising capital have their place, but in today’s dynamic landscape, companies need ...

4 months ago | January 11, 2024

Zim capital markets outperforms regional peers

Business Writer The Zimbabwe capital markets outperformed regional peers during the 11 months to November 2023, ...

“Changes in Tongaat Hulett Botswana will not affect our ...

Tapiwanashe Mangwiro StarAfrica Corporation Limited says ‘do not see the changes’ in Tongaat Hulett Botswana (THB) ...

CCZ decries exclusive USD payment demands by supermarkets

The Consumer Council of Zimbabwe (CCZ) has expressed concern over a tendency by some supermarkets of selling some ...

Why multinational companies are quitting India

HONG KONG, Jan. 10 (Xinhua) — A long list of multinational companies has failed in India. Notable cases include ...

4 months ago | January 10, 2024

Ministry of Transport commits to adopting neglected roads

Tapiwanashe Mangwiro Government through the Ministry of Transport and Infrastructural Development, has said will ...

4 months ago | January 9, 2024

ZES signs MoU with Institute of Certified Chartered Economists 

Tapiwanashe Mangwiro  The Institute of Certified Chartered Economists (ICCE) and Zimbabwe Economics Society, (ZES) ...

4 months ago | January 8, 2024

Agric firms invest in alternative energy

 Enacy Mapakame Listed agriculture companies have of late increased investment in renewable energy to offset the adverse ...

Zimbabwe in costly debt penalties

Business Writer Zimbabwe is paying a whopping 6,3 percent interest penalty on its external debt, a situation that has ...

4 months ago | January 5, 2024

‘Fiscal discipline vital in taming exchange rate volatility’

Oliver Kazunga ECONOMIC commentators say fiscal discipline and addressing money supply in the economy are a vital cog ...

Limited access to forex weighs telcos

Enacy Mapakame The capital intensive telecoms industry has bemoaned limited access to foreign currency to invest in ...

Finance Minister scraps plans for US$100m bond

Business Writer Zimbabwe’s attempt to raise funds through a treasury bond offering on the Victoria Falls Stock Exchange ...

5 months ago | December 21, 2023

Parly passed taxes keep tongues wagging

Tapiwanashe Mangwiro The 2024 National Budget was approved last week Thursday with amendments to Finance, Economic ...

ZSE registers worst performance in years

Business Writer Zimbabwe Stock Exchange (ZSE) market turnover for 2023, currently stands at US$173 million, the third ...

Local financing, key to Sadc energy solutions

Nelson Gahadza Southern Africa’s energy solutions lie within its borders, requiring cooperation and support from ...