ZIMBABWE has a slim chance of reviving the economy, due to fiscal pressures, waning confidence, policy inconsistencies and even the International Monetary Fund (IMF)’s staff-monitored programme (SMP) may be undermined …
finance
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THE government’s decision to re-introduce the Zimbabwean dollar has created reporting headaches for listed companies, with more firms delaying the release of their financial results.Advertisements
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DAWN Properties Limited (Dawn) says it expects its property developments to spur profits for the year to December 31, 2019 as the company rolls out more projects. This comes after …
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BINDURA Nickel Corporation (BNC) says it will review its business plan in a bid to improve production in the short term.Advertisements
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LAFARGE Cement Zimbabwe (Lafarge) anticipates a decline in full year volumes as demand remains constrained due to the deepening liquidity crisis being experienced in the market.Advertisements
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INNSCOR Africa (Innscor) says volumes across its poultry divisions improved during the year to June 2019 after the country recovered from an outbreak of avian flu in 2017.Advertisements
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ZIMBABWEAN funeral assurers say they are now constantly adjusting premiums and calling on policyholders to downgrade benefits as part of efforts to contain effects of the spiralling inflation.Advertisements
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THE Zimbabwe Stock Exchange (ZSE) has gained more than $10 billion in the past two weeks, as investors react to dramatic movements in the parallel market exchange rate. The Zimbabwe …
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THE upward review of overnight interest rates by the Reserve Bank of Zimbabwe (RBZ) will neither contain the spiralling inflation nor the rampaging foreign currency rates, but rather stem speculative …
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ZIMRE Property Investments (ZPI) says the local property sector will experience turbulence in the short to medium term due to the shocks from the recent reintroduction of the Zimbabwean dollar.Advertisements
