Local

2 days ago | April 9, 2021

Zim’s pensioners only have US$1,3bn assets

The latest pensions report by the Insurance and Pensions Commission (IPEC) for the fourth quarter to end of December ...

Production constraints, Covid-19 weigh down RioZim

Diversified mining group, RioZim has announced a 27 percent decline in gold production as some constraints at its ...

NMB pile resources into Treasury Bills

Despite not earning much interest income from investment securities such as Treasury Bills, banking group NMB grew this ...

Stakeholders target 60pc increase in tobacco production

Zimbabwe’s 2021 tobacco selling season officially opened on Wednesday, with Government setting an ambitious target of ...

Call to come up with new tobacco curing fuel

Players in the tobacco industry say there is need to urgently explore alternative curing fuel, warning the tobacco cured ...

Leather sector revival to pull investments

ALTHOUGH Zimbabwe is famed for quality livestock production, the sector has in recent years faced numerous challenges, ...

Unit Trusts Funds outpaces ZSE, all share index, inflation

The latest edition of the GroWealth Unit Trusts Performance Survey shows that most Unit Trust Funds outpaced the ...

4 days ago | April 6, 2021

Sub-Saharan Africa poised for recovery

Growth in the Sub-Saharan Africa region is forecast to rise between 2.3 and 3.4 percent in 2021, depending on the ...

Caledonia pays another dividend, opens Zim’s deepest shaft

Caledonia Mining, which counts Zimbabwe based Blanket Mine as its biggest asset, is bullish about its earnings prospects ...

5 days ago | April 5, 2021

ZIMRA beat revenue target in Q4

Government surpassed its revenue collections' target for the fourth quarter to December 2020 with five out of the eleven ...

1 week ago | April 2, 2021

Zim among top global oil, gas prospects

Golden Sibanda Zimbabwe’s Muzarabani oil and gas exploration project has made it to the list of this year’s Top Five oil ...

‘100 firms gobble bulk of auction forex funds’

Business Writer Top 100 companies have received well over three quarters of the nearly US$700 million the central bank ...

Good rains boost prospects for irrigated tobacco

Martin Kadzere More tobacco is likely to be put under irrigation this year after the country received good rains in the ...

Nhimbe in largest solar crowd sale

Martin Kadzere The Sunexchange Nhimbe Fresh crowd sale has raised US$2,5 million to finance a 1,9 megawat solar plant, ...

Tourist arrivals down 87 percent in January

Business Writer The devastating impact of the Covid-19 pandemic on global tourism has carried on into 2021, with new ...

Kefalos, Lake Harvest among Africa’s top food producers

Business Writer Four Zimbabwean companies made it into the Top 100 Food Companies in Africa 2020, a list that is ...

Pension funds should rethink DB scheme model

Tawanda Musarurwa With investment returns for most asset classes not performing to expectations as a result of ...

2 weeks ago | March 26, 2021

Old Mutual spends fortune on mortality claims

A PREMIUM African financial services group, Old Mutual, says last year it spent an estimated R13 billion settling ...

Stanbic bounces back

Stanbic Bank has posted an inflation adjusted profit after tax of $1,1 billion for the year ended December 31, 2020, ...

Padenga predicts fall in profitability

Crocodile breeder, Padenga Holdings Limited, has warned of a significant fall in profitability for the year to December ...