THE Zimbabwe Stock Exchange (ZSE) gained 29 percent in September to recover from a three percent loss in August, as inflation increased for the first time since January, amid foreign …
finance
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THE Reserve Bank of Zimbabwe (RBZ) says it is increasing open market operations (OMO) to deal with resurgent inflationary pressures.Advertisements
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THE Bankers Association of Zimbabwe (BAZ) has welcomed the Deposit Protection Corporation (DPC)’s bid to cover foreign currency denominated accounts (FCAs), saying this would boost confidence.Advertisements
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RioZim says it has secured funding to complete the BIOX project at Cam & Motor Mine, with commissioning of the project scheduled for Q4 2021.Advertisements
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Columns & CommentEconomics & Market Intelligence
ECONOMICS & MARKET INTELLIGENCE: Zimbabwe’s insurance sector outlook
THERE has indeed been several positive economic news flows in Zimbabwe, with the government revising the 2021 economic growth forecast from 7,4 percent to 7,8 percent, mainly driven by the …
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https://staging.fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-275925.mp3?cb=1732295242.mp3Value Added Tax (VAT) is an indirect tax on consumption, charged on the supply of taxable goods and services at a rate of 14.5 percent and zero percent.Advertisements
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BUSINESS is getting increasingly jittery about the impact of the resurgent foreign currency parallel market and ongoing power cuts on the country’s recovering economy.Advertisements
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WORKERS and employers’ representative bodies last week joined forces to oppose a resurgent campaign to ban the mining and production of asbestos-related materials in the country, fearing massive job losses.Advertisements
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ZIMBABWEAN banks have been reaping huge profits, which are mostly inflation driven but as the economy stabilises, the trend is expected to taper off, a new report has shown.Advertisements
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VARUN Beverages Zimbabwe (Varun) is set to increase its foothold on the local market after commissioning a new US$60 million production plant yesterday, as it announced plans to go into …