THE five Exchange Traded Funds (ETFs) on the Zimbabwe Stock Exchange (ZSE) have all maintained positive returns despite the bourse recording losses for four consecutive months.Advertisements
finance
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Top Stories
Prioritise hazards, business tells government
by Paul Nyakazeya, Group Digital Editor 0 minutes readBUSINESS has reaffirmed its support for the ongoing efforts by the government to address the country’s economic challenges, while urging authorities to continue doing so without denting investor confidence.Advertisements
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Top Stories
US$30 million horticulture fund excites farmers
by Farai Mabeza, Senior Staff Writer 0 minutes readTHE recently launched US$30 million horticulture revolving fund has seen renewed optimism in a sector that holds a lot of promise, but has been battling inclusivity issues and is in …
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WITH the African Continental Free Trade Area (AfCFTA) going into full swing, Zimbabwe is taking initial steps towards accessing new markets on the continent.Advertisements
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National Report
‘There is no compliance crisis in insurance’
by Omega Ukamaby Omega Ukama 0 minutes readTHE insurance and pensions industry has of late had a number of compliance issues, ranging from fair treatment to failure to comply with statutory investment thresholds. Our Deputy News Editor, …
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FBC Holdings Limited (FBC) says it achieved a profit before tax of $12,2 billion and an after-tax profit of $8,1 billion on the back of its adaptation, resilience and tenacity …
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National Report
Turnall to focus on cost containment
by Paul Nyakazeya, Group Digital Editor 0 minutes readTURNALL Holdings Limited (Turnall) will maintain cost containment and business right-sizing as the company’s top priorities going forward to enhance profitability.Advertisements
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THE Infrastructure Development Bank of Zimbabwe (IDBZ)’s liquidity position and balance sheet was strengthened by its shareholder after injecting $1,43 billion during the half year to June 30, 2022.Advertisements
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THE Zimbabwe Stock Exchange’s (ZSE) losing streak stretched to four months in August, as the bourse lost $340 billion to close with a capitalisation of $1,72 trillion.Advertisements
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Companies & Markets
Nedbank half-year profit up 631 percent
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readNEDBANK Zimbabwe (Nedbank) says its half-year profit after tax increased by 631 percent to $4,8 billion in inflation-adjusted terms from $663,7 million in the corresponding period last year.Advertisements