THE Grain Millers Association of Zimbabwe (GMAZ) says it has managed to secure 400 000 metric tonnes (mt) of maize from Zambia and Malawi to beef up local reserves, as …
finance
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National Report
CBD squalor depresses Masholds
by Paul Nyakazeya, Group Digital Editor 2 minutes readMASHONALAND Holdings (Masholds) says its investment portfolio’s value declined by 11 percent to $13,9 billion during the 15 months to December 2021, in inflation adjusted terms, largely due to degradation …
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National Report
Crowdfunding start-up targets local SMEs
by Omega Ukamaby Omega Ukama 0 minutes readLLOYD Crowdfunding, a start-up in the Reserve Bank of Zimbabwe’s fintech regulatory sandbox, has made a bid to assist small businesses in sourcing capital.Advertisements
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National Report
Sabi Star Mine lines up US$1,2 million for road upgrade
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readSABI Star Mine, a lithium-producing asset partly owned by the Chengxin Lithium Group of China, says it has set aside US$1,2 million to complement the District Development Fund (DDF) in …
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Top Stories
Currency volatility distresses companies
by Paul Nyakazeya, Group Digital Editor 0 minutes readZIMBABWE Stock Exchange (ZSE)-listed companies that released financial results and announced trading updates recently say profit margins have been dampened by the growing gap between the official and parallel market …
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Companies & Markets
Afsun lines up US$10 million for hotels refurb
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readAFRICAN Sun (Afsun) is lining up a US$10 million investment for hotel refurbishments in anticipation of improved tourism activity this year.Advertisements
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Companies & Markets
Zimre to set up wealth management unit
by Paul Nyakazeya, Group Digital Editor 0 minutes readZIMRE Holdings Limited (Zimre) seeks to develop an independent wealth management arm, which will inform and direct the group’s investment initiatives.Advertisements
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Business
‘Stakeholders are open to engage us on Pomona deal’
by Paul Nyakazeya, Group Digital Editor 0 minutes readTHE Harare City Council (HCC) and Geo Pomona Waste Management (Pvt) Ltd yesterday said they are ready to work with all stakeholders on the €303.9 million Pomona dumpsite project.Advertisements
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TOP economist Gift Mugano has cast doubt over the practicality of the government’s plan to compensate individuals for losses suffered due to a statutory exchange rate movement on February 20, …
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National Report
‘Investment diversification boosts confidence’
by Farai Mabeza, Senior Staff Writer 1 minutes readPARLIAMENT recently passed the Pension and Provident Fund Amendment Bill. The Bill, together with the Insurance and Pensions Commission Bill and the Insurance Bill — still before the National Assembly …