NMB Bank Zimbabwe Limited (NMB) seized properties worth ZWL11,5 billion in 2023 as part of efforts to recover loans from defaulting clients.Advertisements
finance
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PASSENGER traffic in Zimbabwe’s airports surged by 24,8 percent in the first half of 2024, reaching 1,02 million passengers compared to 820 667 during the same period in 2023, according …
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RESEARCH firm FBC Securities anticipates moderate gains for the Zimbabwe Stock Exchange (ZSE) as the year draws to a close, driven by selective buying in sectors expected to perform well …
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LONDON Stock Exchange-listed Kavango Resources PLC (Kavango) is set to strengthen its position in the metals exploration sector by acquiring a 45 percent stake in its drilling partner, Equity Drilling …
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THE Competition and Tariff Commission (CTC) has shifted its focus to tariff assistance in an effort to bolster local industry and enhance competitiveness, particularly for businesses that rely on imported …
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GWERU-BASED ferrochrome processor Zimbabwe Alloys Limited (ZimAlloys) says it is working on developing a 15-megawatt solar plant at its factory to alleviate the impact of power outages on its operations.Advertisements
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RETAIL giant OK Zimbabwe Limited (OK Zim) is strengthening its relationships with key suppliers to iron out conflict in base currencies of trade and prevent supply chain disruptions.Advertisements
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SEED-producer SeedCo Limited (SeedCo) plans to equip growers with irrigation infrastructure to ensure stable production amid ongoing climate change challenges.Advertisements
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FINANCIAL services group CBZ Holdings (CBZ) says its lending portfolio increased by 3,7 percent during the half year (H1) to June 30,2024 in line with the borrowing appetite in most …
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NATIONAL Tyre Services Limited (NTS) says it will leverage on the rolling extensive road rehabilitation program aimed at improving infrastructure and enhancing road safety, potentially leading to increased vehicle traffic …