RAINBOW Tourism Group (RTG) says it recorded its best quarterly performance since the outbreak of the Covid-19 pandemic during the three months to March 31, 2022.Advertisements
finance
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National Report
Property sector subdued in Q1
by Paul Nyakazeya, Group Digital Editor 0 minutes readMASHONALAND Holdings (Masholds) says the property sector was subdued during the quarter to March 31, 2022, with low demand for space, particularly in the Central Business District.Advertisements
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Top Stories
Swiss agency avails US$25mln for seed farmers
by Farai Mabeza, Senior Staff Writer 0 minutes readAGRICULTURE minister Anxious Masuka says a US$25 million project funded by the Swiss Agency for Development and Cooperation (SDC) in Zimbabwe will change the agriculture seed and commodity markets.Advertisements
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THE Zimbabwe Stock Exchange’s (ZSE) market capitalisation grew by $1,8 trillion to $3,79 trillion in April, as demand for stocks escalated amid renewed inflationary pressures in the southern African economy.Advertisements
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Top Stories
RBZ keeps tight lid on money supply
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readTHE Reserve Bank of Zimbabwe (RBZ) says money supply has remained largely under control, with reserve money supply remaining stable at levels of around $28 billion for the past six …
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GOVERNMENT plans to start publishing quarterly growth figures for provinces and the entire economy, Finance minister Mthuli Ncube has said.Advertisements
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National Report
Lafarge ties up new cement mill project
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readLAFARGE Cement Zimbabwe (Lafarge) says it is finalising the installation of a Vertical Cement Mill (VMC) at its Mabvuku plant in Harare, which is expected to double cement milling capacity, …
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FINANCE minister Mthuli Ncube says treasury will not go back to relying on the overdraft facility with the Reserve Bank of Zimbabwe.Advertisements
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Companies & Markets
Ipec investigation holds up FML audited results
by Paul Nyakazeya, Group Digital Editor 0 minutes readFIRST Mutual Holdings Limited (FML) says it will release audited financials for the year to December 31, 2022 after the Insurance and Pensions Commission (Ipec) completes a forensic investigation on …
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National Report
Proplastics beefs up working capital
by Paul Nyakazeya, Group Digital Editor 0 minutes readLEADING plastic pipes and fittings manufacturer, Proplastics, says it will this year focus on strengthening its working capital position following the completion of a new factory and the full operationalisation …