finance

ZIMBABWE’S only exchange-traded Real Estate Investment Trust (REIT), Tigere Property Fund, says it expects increased hard currency collections, which will result in a higher proportion of US dollar dividends.Advertisements

CALEDONIA Mining Corporation (Caledonia) says it expects gold production to be between 75 000 and 80 000 ounces at Blanket Mine this year.Advertisements

RIOZIM’S gold production for the year ended December 31, 2022 declined by 17 percent to 929kg from 1 122kg produced in the prior year as the group’s optimisation of its …

ECONOMIC experts have raised fresh alarm over the worsening volatility of the Zimbabwe dollar and the escalating re-dollarisation of the economy.Advertisements

EXPERTS have warned that arbitrage opportunities stemming from Zimbabwe’s currency discrepancies and a confidence deficit stand in the way of the success of the reserve bank’s planned digital gold tokens.Advertisements

A HIGHER political risk could push Harare to keep monetary conditions tighter for longer to shore up the currency and prevent inflation from rising again, research firm Fitch Solutions (Fitch) …

PROPLASTICS says production volumes grew by 10 percent during the first quarter of 2023 compared to the previous period despite disruptions caused by power cuts, which also affected the sales …

OCCUPANCY at hotels in Victoria Falls was up by three percentage points over the Easter holidays, the Hospitality Association of Zimbabwe (HAZ) has said.Advertisements

ZIMBABWE does not need to import grain for the next 12 months according to the country’s recently published second crop assessment report.Advertisements

FINANCE minister Mthuli has conceded that Zimbabwe’s adoption of a blended consumer price index (CPI) has created accounting difficulties, but insists that it is the most appropriate benchmark.Advertisements