ZIMBABWE’S mining sector is losing at least 20 percent of gross export proceeds on the back of exchange rate disparities, an industry survey has shown.Advertisements
finance
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THE Reserve Bank of Zimbabwe (RBZ) says it will support domestic savings in local currency, through instruments that compensate depositors for potential exchange rate depreciation next year.Advertisements
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TANGANDA Tea Company (Tanganda) could list on the Zimbabwe Stock Exchange (ZSE) before year-end.Advertisements
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COTTCO Holdings (Cottco) says foreign currency price distortions currently obtaining on the market are driving up the cost of local cotton production, piling pressure on the company’s margins.Advertisements
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TURNOVER on the Victoria Falls Stock Exchange (VFEX) has increased 15-fold since the beginning of July, official data shows.Advertisements
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THE World Bank has come up with a platform to provide farmers with real time weather data and agronomic advice under the Zimbabwe Reconstruction Fund (ZIMREF).Advertisements
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EDGARS Stores Limited (Edgars) is set to open two more retail outlets this month as the group is looking to increase its geographic footprint.Advertisements
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https://staging.fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-276320.mp3?cb=1732295234.mp3EQUITY investment is usually remunerated by way of dividend. Unlike interest, which is payable out of pre-tax money, dividend is payable from profits after tax provided it shall not be …
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ZIMBABWE’S broad money supply declined by $2 billion to $329 billion in August, latest statistics from the Reserve Bank of Zimbabwe (RBZ) show.Advertisements
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COTTCO Holdings Limited says its 2021 intake stands at 114 656 metric tonnes (mt) against last year’s full output of 82 479 mt as the white gold’s buying season draws …