THE desperation of investors seeking liquidity to pay down high interest rate borrowings is undervaluing stocks on the Zimbabwe Stock Exchange (ZSE), a financial services firm has said.Advertisements
finance
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MINERS have called for the upward review of foreign currency retention threshold from 60 to 80 percent to allow them to meet their increased forex demands as well as operation …
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National Report
Border Timbers focuses on growth
by Paul Nyakazeya, Group Digital Editor 0 minutes readBORDER Timbers Limited will now focus on growing the business and regaining market share following its exit from judicial management early this year.Advertisements
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THE Insurance and Pensions Commission (Ipec) says it is working with industry to improve pension benefits, which it says are currently “very low”.Advertisements
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THE gold coins set to be available for sale next Monday will be a store value against the depreciating Zimbabwe dollar, economic analysts have said.Advertisements
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National Report
‘Infrastructure development vital for economic growth’
by Tendai Kamhungira 0 minutes readLEADING multi-asset alternative investment firm Global Renaissance Investments (GRI) says the country’s ongoing infrastructure development has the potential to create long-term prosperity and economic growth for future generations.Advertisements
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Companies & Markets
Seed Co banks on US$13 million seed-dryer
by Farai Mabeza, Senior Staff Writer 0 minutes readSEED Co Zimbabwe says good opening stocks and early processing owing to the recently installed US$12,5 million artificial dryer will help the company attain value preservation.Advertisements
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Top Stories
Agriculture sector struggles to attract long-term funding
by Farai Mabeza, Senior Staff Writer 0 minutes readAGRICULTURE ministry chief director, strategic planning and business development, Clemence Taderera Bwenje, says the growth of the sector remains constrained by lack of access to long-term finance.Advertisements
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Top Stories
Money supply up to $971,5 billion
by Paul Nyakazeya, Group Digital Editor 0 minutes readZIMBABWE’S broad money supply, which consists of domestic and foreign currency deposits, rose to $971,5 billion in May from $671,4 billion in April, latest data from the Reserve Bank of …
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Companies & Markets
VFEX debt listing requirements ‘onerous’
by Omega Ukamaby Omega Ukama 0 minutes readTHE Bankers Association of Zimbabwe (BAZ) has called on authorities to review debt listing requirements on the Victoria Falls Stock Exchange (VFEX), saying current rules are burdensome.Advertisements