ZIMRE Holdings (Zimre) says it will be embarking on a new investment focus towards infrastructure and landmark development, …
Almot Maqolo, Staff Writer
EXPERTS are keeping their fingers crossed that the central bank will intervene decisively next month, to alleviate the myriad challenges that are throttling Zimbabwe’s economy. Speaking to The Financial Gazette — the country’s number …
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MASIMBA Holdings (Masimba) produced a good set of results for the year ended December 31, 2022, benefiting from …
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THE International Monetary Fund (IMF) has cut its 2023 growth forecasts for Zimbabwe to 2,5 percent from an …
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National Report
USD capital requirements for funeral assurers
by Almot Maqolo, Staff Writer 0 minutes readTHE Insurance and Pensions Commission (Ipec) says it is pushing for a US dollar-indexed minimum capital requirement for …
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BRICKMAKER Willdale says poor electricity supply has hampered its operations, particularly in the extrusion and firing of structured …
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NMB Bank (NMB) says discussions are at various stages with five partners for potential additional lines of credit …
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RAINBOW Tourism Group (RTG) says it is now operating above pre-Covid-19 levels after its occupancy closed 2022 at …
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ANALYSTS say Zimbabwe’s interest rates are still too high after the central bank reduced the policy rate from …
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Companies & Markets
Willdale spends $1,9bln on local suppliers in 2022
by Almot Maqolo, Staff Writer 0 minutes readWILLDALE Limited (Willdale) spent $1,9 billion on local suppliers in 2022, representing a 206 percent increase from $624,48 …
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NEDBANK Zimbabwe (Nedbank) says its inflation-adjusted profit for the year ended December 31, 2022 rose 311 percent to …