By Kundai Mudzviti Staff WriterAdvertisements CFI Holdings (CFI) has rolled out a solar systems installation program in its retail branches as the firm moves to cushion the adverse effects of …
finance
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National Report
Tobacco farmers reap savings from coal facility
by Mishma Chakanyuka, Staff Writer 0 minutes readTOBACCO farmers are currently saving at least US$20 per tonne in production costs, thanks to a coal facility jointly developed by the Tobacco Industry & Marketing Board (TIMB) and Hwange …
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NEDBANK Group (Nedbank) has reported a 21 percent increase in revenue for its Southern African Development Community (Sadc) operations, reaching R4,29 million in 2023.Advertisements
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National Report
Miners struggle as commodity slump bites
by Almot Maqolo, Staff Writer 0 minutes readZIMBABWE’S export-reliant mining sector faces mounting pressure as global commodity prices continue to decline.Advertisements
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ZIMBABWE’S complex and frequently changing property tax regime is discouraging long-term investment and hindering economic growth, according to the Real Estate Investment Trusts Association of Zimbabwe.Advertisements
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THE Zimbabwe Revenue Authority (Zimra) says there has been a notable increase in tax compliance among Small and Medium Enterprises (SMEs).Advertisements
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National Report
VAT changes prove a ‘mixed bag’ for businesses
by Omega Ukamaby Omega Ukama 0 minutes readZIMBABWE’S sweeping changes to its Value Added Tax (VAT) system have left businesses and analysts grappling with the implications, particularly as the government pursues a vigorous domestic revenue mobilisation drive.Advertisements
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Companies & Markets
Simbisa acquires Eswatini business
by Mishma Chakanyuka, Staff Writer 0 minutes readSIMBISA Brands (Simbisa) says it has completed the acquisition of the Eswatini business, previously a franchised market, as the group streamlines its operations.Advertisements
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National Report
Increased operating costs weigh down Caledonia
by Mishma Chakanyuka, Staff Writer 0 minutes readCALEDONIA Mining Corporation (Caledonia) has warned that increased operating costs for 2023 and several significant one-off, non-operating costs in the final quarter of 2023 will see a reduction in profit …
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EDGARS Stores (Edgars) plans for its shares to commence trading on the Victoria Falls Stock Exchange (VFEX) on April 8, subject to shareholder approval at a March 22 extraordinary general …