FINANCE minister Mthuli Ncube has announced “a managed and floating exchange rate” as well as immediate introduction of a Reuters electronic trading, in a bid to shore up the floundering …
finance
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THE Deposit Protection Corporation (DPC) has won a Supreme Court appeal over Al Shams Global BVI Limited (Al Shams)’s plans to compel the state agency to “honour its liquidity support …
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ZIMBABWE must urgently correct issues around property rights, bilateral agreements, dividend repatriation and the elimination of cartels-driven graft as well as encouragement of industrial competition if it is to attract …
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THE Confederation of Zimbabwe Industries (CZI) says the government’s response to the country’s economic crisis lacks the much-needed urgency.Advertisements
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Companies & Markets
Depressed Zimbabwe mortgage market derails Masholds
by Omega Ukamaby Omega UkamaMASHONALAND Holdings (Masholds) says a depressed mortgage market in Zimbabwe has made acquisition and property development challenging.Advertisements
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TNDUSTRY says the Reserve Bank of Zimbabwe (RBZ) should freeze money supply to restore confidence in the local currency which has plunged in value since its introduction last year.Advertisements
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THE Pensions and Provident Funds Amendment Bill — currently being debated in the National Assembly — seeks to make legislative provisions on valuations to protect members from value erosion due …
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FOREIGN investors were net sellers of $53,9 million worth of shares on the Zimbabwe Stock Exchange (ZSE) in February, latest figures show.Advertisements
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Toyota Zimbabwe says the all new Toyota Rush — born out of a partnership with Daihatsu, will be unveiled in Harare tomorrow.Advertisements
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TSL says all its business units are exploring regional expansion as part of the listed agro-industrial firm’s focus on foreign currency generation.Advertisements
