finance

FOREIGN investors were net sellers of $400 000 worth of shares on the Zimbabwe Stock Exchange (ZSE) last week, latest figures show.Advertisements

DELTA Corporation (Delta), Zimbabwe’s largest beverages manufacturer, says it recorded $143 million profit after tax for year ended March 31, 2019, which was a 62 percent increase from $88,5 million …

NON-FUNDED income has continued to spur the performance of Zimbabwean banks, with electronic payments emerging as the dominant channel in the local payment stream.Advertisements

PRICES of property materials are expected to remain high during the second quarter of the year due to high financing costs, Old Mutual Securities (OMSEC) has said.Advertisements

FIDELITY Life Assurance (Fidelity) says it is hopeful that its Malawi business will help keep it afloat in 2019.Advertisements

ZIMBABWE’S year-on-year inflation rose to a ten-year high of 75,86 percent in April from 66,8 percent in March, pushed by persistent increases in the price of basic goods, statistics agency …

Great Britain’s women’s 4x100m relay team missed out on the chance to qualify for the World Championships as they failed to finish their heat at the World Relays in Japan.Advertisements

THE Zimbabwe Revenue Authority (ZIMRA) says it saw a considerable increase in taxes related to corporate earnings and dividends during the first quarter of 2019, after some firms recorded robust …

ZIMBABWEAN insurers and pension funds have been forced to helplessly watch their books’ value get eroded by rising inflation, as regulators’ investment rules restrict their ability to save the situation.Advertisements

ZIMBABWEAN commercial banks have been given a respite by the recent monetary reforms as they are now required to have RTGS$100 million in capital by 2020 instead of the initial …