Local

2 weeks ago | July 31, 2020

NetOne plunges into governance crisis . . . board becomes ...

Business Writer A governance crisis is taking a heavy toll on NetOne as the board of Zimbabwe’s second largest mobile ...

1 month ago | July 3, 2020

Forex auction may eliminate rate disparity

Golden Sibanda Players in industry and commerce say the foreign exchange auction system, which replaced the interbank ...

Agribank finishes disposal roadmap

Golden Sibanda State owned Agriculture Development Bank (Agribank) has completed a due diligence to ascertain the bank’s ...

Economic contraction worse than projected

Business Writer The International Monetary Fund (IMF) predicts the Zimbabwean economy will shrink 10,4 percent in 2020, ...

Progress in insurance, pensions sector

Tawanda Musarurwa Significant progress has been made in strengthening the local regulatory framework for the insurance ...

Mash Holdings profit up 8,6pc

Enacy Mapakame Listed property firm, Mashonaland Holdings Limited’s operating profit for the half year to March 31, 2020 ...

Is ZSE closure for greater good?

Kudzai Sharara Last Friday’s decision to suspend trading on the Zimbabwe Stock Exchange, on suspicion that activities ...

Caledonia quarterly dividend increases 13pc

Enacy Mapakame Resources group and parent company of Blanket Mine — Caledonia Mining Corporation Plc — has increased ...

Hippo mulls funding for Project Kilimanjaro

Tawanda Musarurwa Listed sugar producer, Hippo Valley Estates Limited, is considering alternative sources of funding for ...

Exchange rate linked open market operations good, but . . .

Business Writer The exchange rate indexed open market operations instrument that the Reserve Bank of Zimbabwe plans to ...

2 months ago | June 26, 2020

‘US$1bn to back forex auction’

Golden Sibanda Local banks have nearly a billion dollars in foreign currency accounts (FCAs) while the country has ...

New system needs supportive measures

Business Writer Authorities must put in place additional supportive measures to the newly introduced foreign currency ...

Zim gold smuggled to Dubai

Business Writer The country’s gold is being smuggled to Dubai via South Africa, and Government is putting in place ...

DCK to boost bread production

Business Writer Local company, DCK Investments, is looking to boost its bread output to 230 000 loaves per day after ...

Ginners risk defaulting on export contracts

Business Writer Cotton ginners run the risk of defaulting on their lint export commitments as they are failing to buy ...

New CEO, board members

Business Writer Industry and Commerce Minister Dr Sekai Nzenza, has appointed additional members to the Zimbabwe Iron ...

Auctions must lead to competitive pricing

The essential success of the first foreign currency auction on Tuesday shows that the system works and that the Reserve ...

Export growth helps ART sidestep challenges

Tawanda Musarurwa Listed diversified manufacturer, ART Corporation, recorded a 23 percent jump in export volumes in the ...

Business lessons my father taught me

Joseline Sithole As we celebrate this year’s Father’s Day, I would like to reflect on the lessons that my father, Osbert ...

Will Zisco work again?

Business Writer For the umpteenth time, the Zimbabwe Iron and Steel Company, will soon be on the market seeking an ...