finance

FINANCE minister Mthuli Ncube should introduce more tax reforms and perk up the country’s ease of doing business climate in his pending mid-term fiscal policy statement to boost the economy.Advertisements

ZIMRE Holdings (Zimre) says it will invest US$5 million in Malawi and Zambia as part of a wider strategy to expand market share and strengthen the firm’s competitiveness.Advertisements

African central banks set to decide on interest rates in the next three weeks are unlikely to follow the tide of global easing and maintain tight monetary policies, with one …

KUVIMBA Mining House (KMH) subsidiary, Freda Rebecca Gold Mine (Freda), says it spent about US$100 000 on repair costs for its Mill Number 2, which was down for almost two …

CLOTHING retailer Edgars Stores (Edgars) saw its bottom line for the first quarter to March 31, 2024 improve by almost half a million American dollars from prior year levels which …

HOSPITALITY giant Rainbow Tourism Group (RTG) has significantly increased its support for local suppliers, spending a staggering $28,26 billion in 2023, a 232 percent increase from the $8,52 billion spent …

STATE-OWNED telecommunications company, TelOne is investing US$31,1 million this year in network and technology infrastructure enhancements amid widespread concerns over Starlink’s expected disruption of its present business model.Advertisements

THE Zimbabwe Revenue Authority (Zimra) has reported a significant increase in the interception of prohibited goods, seizing items worth US$725 423 in 2023 alone.Advertisements

FIRST Mutual Properties (FMP) says construction of its US$6 million Arundel Office Park block will be complete by September this year and expects a rental yield of either 7 or …

HOSPITALITY firm Rainbow Tourism Group (RTG) says it has so far realised US$500 000 in profit from operations during the first five months to May 31, 2024, surpassing earlier projections.Advertisements