NATIONAL Tyre Services (NTS) is optimistic that the new regulations on tax introduced by the government to enforce compliance will minimise unfair competition in the market.Advertisements
finance
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ZIMBABWE Stock Exchange (ZSE)-listed financial services giant, ZB Financial Holdings, yesterday unveiled an innovation hub as part of the group’s ongoing digital transformation journey. Advertisements
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Companies & Markets
Nampak’s dividend payouts curtail Q1 capex
by Almot Maqolo, Staff Writer 0 minutes readNAMPAK Zimbabwe (Nampak) saw a reduction in spending for the first quarter ending December 31, 2023 owing to lower cash levels from last year’s two interim dividend payouts.Advertisements
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A BILL introduced in the US House of Representatives seeking to review relations with South Africa has prompted warnings from analysts about potential economic repercussions for the Southern African Development …
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MARKETS are anxiously awaiting the release of the Reserve Bank of Zimbabwe’s (RBZ) impending monetary policy statement (MPS), amid the escalating currency and inflation crisis.Advertisements
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National Report
Construction industry upbeat about growth
by Mishma Chakanyuka, Staff Writer 0 minutes readTHE Zimbabwe Construction Industry Association has expressed optimism that the sector’s growth in 2024 will surpass that of the previous year.Advertisements
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Top Stories
Zim currency woes pile asset quality pressures on banks
by Almot Maqolo, Staff Writer 0 minutes readFITCH Solutions warns that Zimbabwe’s persistent currency volatility poses a significant threat to banks’ asset quality in 2024.Advertisements
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Top Stories
Informal sector employs 90% of workforce
by Mishma Chakanyuka, Staff Writer 0 minutes readTHE Zimbabwe National Statistics Agency (ZimStat) says 86,8 percent of employed individuals worked in the informal economy during the fourth quarter of 2023.Advertisements
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Companies & Markets
DRC lifts Tanganda packed tea exports
by Mishma Chakanyuka, Staff Writer 0 minutes readTANGANDA Tea Company (Tanganda) says packed tea exports into the region grew by 100 percent during the quarter ended December 31, 2023 attributed to the company’s successful penetration of the …
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BRICK manufacturer Willdale the brick has expressed concern over the immediate impact of the imposition of value-added tax (VAT) on clay bricks. Advertisements