finance

BUSINESS says Zimbabwe’s relentless power cuts are causing untold damage to the economy, with the “no production, no pay” policy now being implemented by some stricken companies an indication of …

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says its tamperproof prepaid and smart meters have reduced revenue leakages.Advertisements

THE Zimbabwe Insurance and Pensions Apex Council (Zipac) says it is assessing the impact of increased migration of companies from the Zimbabwe Stock Exchange (ZSE) to the foreign currency denominated …

TREASURY says it expects the Zimbabwe dollar to quickly recover from recent shocks, which have seen it losing ground against the US dollar on both the official and parallel market.Advertisements

BUSINESS is optimistic about striking viable deals with companies from Belarus after this week’s signing of several agreements to strengthen bilateral trade and investment relations between the two countries.Advertisements

SECURITIES firm Morgan & Co says the country’s telecoms giant, Econet Wireless Zimbabwe’s share price will likely triple from the current US$0,10 to US$0,30 per share this year due to …

ROSS-listed assets are trading at considerable premiums and discounts on the Victoria Falls Stock Exchange (VFEX) due to underdeveloped price discovery.Advertisements

THE Zimbabwe Construction Industries Association (ZCIA) has urged the government to take steps to protect the sector from tax penalties caused by delayed payments to contractors.Advertisements

AGRO-SEED producer Seed Co Limited (Seed Co) says volumes increased by 14 percent over the nine months ending December 31, 2022 compared to the same period prior year driven by …

BORDER Timbers says it has secured a US$2,9 million funding facility from local financiers, which it may opt to use to recapitalise its operations.Advertisements