FINANCE minister Mthuli Ncube says government is working on measures to ensure that corporates and individual nostro foreign currency accounts (FCAs) are not easily raided by the central bank as …
finance
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THE Zimbabwe National Roads Administration (ZINARA)’s board has been dissolved for failing to “uphold good corporate governance”, deputy Transport minister Fortune Chasi says.
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INNSCOR Africa (Innscor) says volumes at Irvine’s were severely impacted by the effects of the highly pathogenic avian influenza (avian flu) epidemic which occurred at the end of the last …
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Companies & Markets
Smart loan servicing boosts Getbucks
by Omega Ukamaby Omega Ukama 0 minutes readGETBUCKS says its profit after tax for the year ended June 30, 2018 went up by a significant 25 percent to $4,5 million on the back of smart loan servicing.
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National Report
Beneficiate exports, OMSEC urges govt
by Paul Nyakazeya, Group Digital Editor 0 minutes readGOVERNMENT must develop industries that beneficiate exports and promote import substitution in order to boost the country’s earnings, Old Mutual Securities (OMSEC) has said.
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Companies & Markets
Mobile transactions hit $3bn
by Paul Nyakazeya, Group Digital Editor 0 minutes readTHE value of mobile transactions processed through the National Payment System (NPS) increased by four percent in the week ended September 21 2018 to $2,76 billion, from $2,69 in prior …
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ZIMBABWE’s cumulative trade deficit in the eight months to August 2018 increased to $1,84 billion from $1,74 billion recorded in the year to December 2017, latest data shows.
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Companies & Markets
NatFoods profit margins hit by inflation
by Omega Ukamaby Omega Ukama 0 minutes readNATIONAL Foods Holdings (NatFoods) says its profit margins suffered after it failed to raise prices in line with inflation developments in Zimbabwe.
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FIRST Capital Bank (FCB) on Monday relisted on the Zimbabwe Stock Exchange (ZSE) after it changed its name from Barclays Bank of Zimbabwe.
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National Report
Tourism industry remains optimistic
by Paul Nyakazeya, Group Digital Editor 0 minutes readZIMBABWE’S hoteliers say they remain optimistic about future prospects, even as the country’s economic crisis deepens.