finance

ZIMBABWE’S industry faces tougher times ahead as inflationary pressures continue to push the cost of doing business, the Confederation of Zimbabwe Industries (CZI) has said.Advertisements

THE market value of the Zimbabwe Stock Exchange (ZSE) has fallen by over 80 percent in US dollar (USD) terms since February, as the local currency continues to lose value …

THE total value of shares traded on the Zimbabwe Stock Exchange (ZSE) declined by 14,4 percent to $466,6 million during the third quarter of the year, from $545,5 million recorded …

HWANGE Colliery Company (Hwange) says high costs and low output have kept it in a net current liability position.Advertisements

The local insurance and pensions industry says the mandatory requirement to invest in prescribed assets restricts them from investing in other value preservation assets in the face of rising inflation.Advertisements

ZIMBABWE’S diesel imports dipped to a 31-month low of US$57,5 million in August from US$78,3 million in July, due to foreign currency shortages, data provided by the Zimbabwe National Statistics …

THIS year Standard Chartered Zimbabwe embarked on a digitisation strategy which has seen the country’s oldest bank close down most of its brick and mortar branches across the country. The …

THE Zimbabwe Stock Exchange’s (ZSE) shallow Minings Index climbed 21,44 percent to 317,75 points in September buoyed by a 71,43 percent gain in Bindura Nickel Corporation (BNC).Advertisements

THE Institute of Chartered Accountants of Zimbabwe (ICAZ) says government’s decision for companies to adopt hyperinflation reporting will help with planning.Advertisements

PADENGA Holdings’ (Padenga) stock has gained more than 88 percent on the Zimbabwe Stock Exchange (ZSE) since August 28, when shareholders approved the company’s acquisition of a majority stake in …