finance

AMALGAMATED Regional Trading Holdings (Art) says it is currently working with several partners to establish off-grid power support in light of ongoing power challenges.Advertisements

THE United States Agency for International Development (USAID)’s food security arm, the Famine Early Warning Systems Network (Fewsnet) says the country’s macroeconomic environment will likely remain volatile despite some relative …

AT LEAST 28 000 workers in the clothing industry have lost their jobs since 2013 due to the imports of second-hand clothes into the country, a sector expert has said.Advertisements

NEDBANK Zimbabwe (Nedbank) says its cost-to-income ratio fell within its target during the 12 months to December 2022, spurred by improved efficiency.Advertisements

POWERSPEED Electrical (Powerspeed) says controls limiting pricing ratios between the local currency and the US dollar continue to make it expensive for customers with the greenback to purchase from formal …

LISTED agricultural concern Ariston Holdings (Ariston) plans to install a solar system at one of its tea plantations, Southdown Estate, to cope with Zimbabwe’s current power shortages.Advertisements

A ZIMBABWE Anti-corruption Commission (ZACC) officer Smart Mandofa who was arrested last week for abuse of office has been granted a ZWL100 000 by a Harare magistrate.Advertisements

REGIONAL retailer Choppies says cost constraints were only partially relieved by increased prices for the six months ended December 31, 2022. Advertisements

CBZ Holdings (CBZ) says it is negotiating with international banks to secure financing for farmers in Zimbabwe.Advertisements

ZIMBABWE’S milk production was up by 10,13 percent to 8,14 million litres this January, the latest figures from the Agriculture ministry’s Dairy Services Department show.Advertisements