CABLE manufacturer Cafca Holdings (Cafca) is forecasting a slowdown in the growth of its sales volumes amid uncertainty around foreign currency availability in Zimbabwe.Advertisements
finance
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INNSCOR Africa (Innscor) is engaging local banks to negotiate for lower borrowing costs to fund expansion works within the group.Advertisements
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STEWARD Bank (Steward) is reaping rewards of revenue generated by interest-bearing assets against the cost of servicing liabilities, after its net interest income rose to $706 million for the half …
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THE Zimbabwe Association of Pension Funds (ZAPF) says the industry’s long-standing challenges with prescribed asset ratio compliance could be eased by opening up investment opportunities in the mining and rail …
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ZIMBABWE is targeting a local content threshold of 80 percent for the raw materials used in every locally-manufactured product under a rating and certification system that was launched in September.Advertisements
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SILVERBACK Asset Management Company has launched Mombe Mari Trust a fund created as an investment vehicle in the Zimbabwe beef industry by identifying businesses that will contribute to the growth …
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LEADING packaging products supplier, Nampak Zimbabwe Limited (Nampak), says global supply chain bottlenecks and increased competition for available plastic and paper raw materials are disrupting the company’s manufacturing operations.Advertisements
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ZIMBABWE’S largest financial services group by assets, CBZ Holdings (CBZ), has declared a dividend of $500 million or 95,78 cents per share, for the half year ended June 30, 2021.Advertisements
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GOVERNMENT says it will set up a Horticulture Export Revolving Fund to support companies in the sector that are struggling with foreign currency requirements.Advertisements
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THE government has so far spent $41 billion on payments for grain deliveries this year, with a record 1,3 million tonnes being received by the Grain Marketing Board (GMB), Information …
