POSB Bank says it will this year focus on digital transformation to grow non-funded income.Advertisements
finance
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National Report
No progress on government, Border Timbers settlement
by Mishma Chakanyuka, Staff Writer 0 minutes readBORDER Timbers (Border) says no finalisation has yet been reached in ongoing negotiations with the government on the settlement of the company’s award from a 2015 arbitration.Advertisements
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National Report
Tourism bullish as peak season approaches
by Farai Mabeza, Senior Staff Writer 0 minutes readZIMBABWE’S tourism is gearing up for its peak season amid sentiments that the worst is now behind it after two years of Covid-19-induced interruptions.Advertisements
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Top Stories
The devil of digital currency in details
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readTHE plan by authorities to introduce a gold-backed digital currency has received mixed responses from economic experts.Advertisements
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National Report
‘Power key to attaining mining targets’
by Mishma Chakanyuka, Staff Writer 0 minutes readTHE Chamber of Mines says the attainment of Zimbabwe’s target of a US$12 billion mining industry depends on the availability of adequate power.Advertisements
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Companies & Markets
Willdale sets sight on regional markets
by Almot Maqolo, Staff Writer 0 minutes readWILLDALE says it has set its sights on exporting its products to Mozambique and Zambia to boost its foreign currency generation.Advertisements
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Top Stories
Chinese citrus deal excites Zimbabwe
by Farai Mabeza, Senior Staff Writer 0 minutes readThe Zimbabwean government is upbeat about the prospects of local horticulture products gaining access to the Chinese market after the signing of a citrus trade protocol between the two countries.Advertisements
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ZIMBABWE’S diamond production increased by 62,2 percent to 1,52 million carats in the fourth quarter of 2022, from 942 000 carats produced in the fourth quarter of 2021, a new …
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A LOCAL research firm, Akribos, says transactional dollarisation will likely continue to expand as economic actors try to hedge against currency risk in a high inflationary environment.Advertisements
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National Report
Funding squeeze hits sub-Saharan Africa
by Mishma Chakanyuka, Staff Writer 0 minutes readPERSISTENT global inflation and tighter monetary policies have led to higher borrowing costs for sub-Saharan African countries and placed greater pressure on exchange rates, the International Monetary Fund (IMF) has …