finance

NATIONAL Tyre Services (NTS) says foreign currency shortages for the importation of new tyres from China and India continue to negatively impact margins.Advertisements

MASS market banking institution POSB says it got US$7,6 million from the Reserve Bank of Zimbabwe (RBZ) foreign currency auction system for the first half of this year ending June …

MEIKLES says its revenue grew by 88 percent during the quarter to June 2022 due to the easing of Covid-19 restrictions during the period.Advertisements

THE rehabilitation of the Cold Storage Commission (CSC), which was closed almost two decades ago due to viability challenges, will increase the daily slaughter of cattle from 60 to 2 …

  ZIMBABWE’S foreign currency receipts increased to US$5,45 billion in June, a 33,6 percent increase from US$4,07 billion recorded during the same period last year, the Reserve Bank of Zimbabwe …

IN a bid to curb power supply disrutions, StarAfrica Corporation (StarAfrica) has invested in alternative power to finally deal with energy issues that have for a long time curtailed throughput …

SEED Co Limited says it will leverage its business on various food production programmes being implemented by African governments in the face of uncertainty on the continent.Advertisements

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya last week said Harare is moving on with plans to create a central bank digital currency (CBDC).Advertisements

WILLDALE Limited (Willdale) says increasing demand for bricks to meet the high demand for housing will drive revenues in the second half of the year.Advertisements

COTTCO Zimbabwe (Cottco) is aiming for enhanced capacity utilisation of its delinter facility at Kadoma Ginnery by the end of next year, in keeping with the government’s strategy to turn …