finance

AGRICULTURE minister Anxious Masuka says the government seeks to develop innovative marketing and financing approaches for smallholder farmers under a new thrust to industrialise rural communities.

ANALYSTS are anticipating that the fiscal authorities will strengthen funding for economic drivers in the 2023 National Budget to allow for economic growth.

HOTELIER African Sun (AfSun) says it is cautiously optimistic that its units will record greater business during the holiday season.

FIRST Capital Bank (FCB) says strong performance on interest income which was driven by growth in the foreign currency loan book spurred the bank’s income for the first nine months …

THE Public Accountants and Auditors Board (PAAB) says the implementation of a new standard of accounting and reporting for insurance contracts, IFRS 17, which effectively begins next year, will assist …

MASIMBA Holdings (Masimba) has applauded government policy interventions that have culminated in a stable foreign currency exchange rate regime, resulting in an improved environment for infrastructure projects.

MORE companies on the Zimbabwe Stock Exchange are declaring dividends in foreign currency as domestic US dollar earnings soar across the economy, with rising usage of the currency.

The intermediated money transfer tax (IMTT) can be said to be one of the not so celebrated measures introduced by the revenue authorities.

THE Zimbabwe National Chamber of Commerce (ZNCC) says the lower denomination gold coins introduced by the Reserve Bank of Zimbabwe (RBZ) this week will offer a better store of value …

THE governor of the Reserve Bank of Zimbabwe, John Mangudya, has warned that if the country holds on to too much raw minerals for value addition, it could lose significant …