CBZ Holdings (CBZ), the biggest financial services group in the country, has commended the Reserve Bank of Zimbabwe’s (RBZ) for introducing gold coins, saying investors would find a store of …
finance
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Top Stories
Payments delay hits business, economy
by Paul Nyakazeya, Group Digital Editor 0 minutes readWHILE business supports efforts by authorities to stabilise the economy, it is concerned that some of the measures being implemented could seriously affect the operations of many companies.Advertisements
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Top Stories
‘Manufacturing sector to grow by 3,7 percent’
by Farai Mabeza, Senior Staff Writer 0 minutes readINDUSTRY and commerce minister Sekai Nzenza, says the manufacturing sector will grow by 3,7 percent this year, as the government focuses on developing local industry’s capacity.Advertisements
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AGRICULTURE minister Anxious Masuka says three million households targeted by the government’s climate-proof farming support scheme, Pfumvudza/Intwasa, will be covered by weather-based insurance.Advertisements
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Top Stories
Zimbabwe targets basal fertiliser self-sufficiency
by Farai Mabeza, Senior Staff Writer 0 minutes readINDUSTRIAL Development Corporation-owned Chemplex Corporation says the country will by the 2023/24 agriculture season be able to meet its 400 000 tonnes annual basal fertiliser requirements through local production.Advertisements
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ZIMBABWE and China are keen on reviving the Harare-Beijing air route, which was abandoned in 2012, economic and commercial counsellor of the Chinese Embassy Huang Minghai has said.Advertisements
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National Report
EmpowerBank waits for $700 million capitalisation
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readYOUTH-focused financial institution, EmpowerBank, is waiting for $700 million capital injection from the government to complete a slew of business development initiatives lined up for this year.Advertisements
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The Association of Healthcare Funders of Zimbabwe (AHFoZ) will convene an all-stakeholders conference this month in Victoria Falls to examine, among other things, effective medical aid coverage, at a time …
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Companies & Markets
Housing pressure drives PPC volumes
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readPPC Zimbabwe says housing pressure in the country continues to work in its favour as individual home builders are driving cement sales, with 79 percent of sales being in bags …
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Companies & Markets
Powerspeed bemoans shrinking market base
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readPOWERSPEED Electrical Limited (Powerspeed) says inflationary pressures have eroded most households’ disposable income, as consumers have resorted to cutting expenditure in electricals, affecting the group’s margins.Advertisements