finance

CBZ Holdings (CBZ) acquired a stake in First Mutual Holdings (FML) this year to diversify its earnings and strengthen its domestic and regional footprint. Our Staff Writer, Mishma Chakanyuka (MC) …

THE Treasury plans to restrict tax benefits on Real Estate Investment Trusts (REITs) to specific development areas to avoid abuse of the incentives.Advertisements

TURNALL Holdings (Turnall) says it will resume the production of inverted box rib (IBR) roofing sheets in the fourth quarter of 2022.Advertisements

THE Victoria Falls Stock Exchange (VFEX) is targeting exchange-traded funds (ETFs), among other securities, to diversify its board.Advertisements

FINANCE minister Mthuli Ncube says the country’s move to raise value added tax (VAT) to 15 percent from 14,5 percent starting next month will generate $300 billion that will fund …

ZIMBABWE’S foreign currency receipts have increased by 23,8 percent to US$9,9 billion between January and November 2022 from US$8 billion received during the same period last year, latest data shows.Advertisements

IDEAS are the lifeblood of any business. They fuel innovation, which feeds capacity and growth. Indeed, the ability of a corporation to remain inventive ultimately determines its long-term success.Advertisements

INNSCOR Africa (Innscor) says it has started exploring solar generation and installing back-up generators in all of its key properties in light of rolling power cuts that have resulted in …

THE Grain Marketing Board (GMB) says the country has sufficient grain reserves to see it through to next year’s harvest.Advertisements

THE Grain Millers Association of Zimbabwe (GMAZ) estimates that this year’s winter wheat crop will save the country $300 million in imports.Advertisements