A FREEZE on bread prices by government last year has suppressed the profitability and viability of businesses in the baking industry, with major players like Innscor Africa reporting a decline …
finance
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ZIMBABWE’S national voice traffic increased 14 percent to 1,05 billion minutes for the quarter to December 31, 2017 from 924,7 million recorded the previous quarter, the Postal and Telecommunications Regulatory …
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NATIONAL Foods Holdings Limited board chairman, Todd Moyo, has expressed concern over the Grain Marketing Board’s (GMB) participation in the local commercial maize meal market.Advertisements
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THE Ministry of Transport and Infrastructural Development says it is in the process of opening the country’s air space to allow more airlines to service domestic routes.Advertisements
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ZIMBABWE’S competitiveness as an economy and investment destination on the ease of doing business rankings will remain poor unless foreign investors are able to repatriate dividends, an official from Exim …
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THE depletion of banks’ nostros accounts, used to fund foreign payments, created serious settlement problems for international payments and resulted in most banks having a backlog for telegraphic transfers (TTs), …
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LISTED quick service restaurants group, Simbisa Brands, last week reported a 30 percent increase in revenues for the six months ended December 31, 2017, buoyed by growth in Zimbabwe and …
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AXIA’S profit has suffered significantly after its board decided to change the accounting treatment of its subsidiary, Transerv, the company’s financials released last week show.Advertisements
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TWENTY three accounts on the local cryptocurrency exchange, Golix, were hacked over the past three weeks, the exchange revealed in a statement on Tuesday.Advertisements
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THE value of transactions processed through the National Payments System (NPS) declined by five percent to close the week ending February 23, 2018 at $1,628 billion, according to the latest …