THE Confederation of Zimbabwe Retailers (CZR) has stated that it does not foresee any price increases following the reintroduction of duty on select basic commodities, insisting that local manufacturers possess …
finance
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Top Stories
Cottco anticipates year-end breakeven despite El Niño
by Almot Maqolo, Staff Writer 0 minutes readCOTTCO Holdings (Cottco) expects to break even by the end of its fiscal year in March 2024, despite facing challenges caused by the El Niño weather phenomenon and tight liquidity …
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National Report
NetOne confident despite Starlink arrival
by Mishma Chakanyuka, Staff Writer 0 minutes readSTATE-owned telecoms operator NetOne is confident it will maintain its market position despite the impending arrival of Starlink, Elon Musk’s satellite internet service provider.Advertisements
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Companies & Markets
ZSE poised for ‘mixed fortunes’ in 2024
by Almot Maqolo, Staff Writer 0 minutes readTHE Zimbabwe Stock Exchange (ZSE) is likely to experience a mixed bag of results in 2024, with the El Niño-induced drought posing a significant challenge to agriculture-focused companies, according to …
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National Report
NTS focuses on full business recovery
by Mishma Chakanyuka, Staff Writer 0 minutes readNATIONAL Tyre Services (NTS) is targeting a full business recovery in the second half of the year following a series of cost-cutting initiatives.Advertisements
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AUTHORITIES need to do more to protect local businesses and to make them more competitive, captains of industry and commerce say.Advertisements
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SEED CO says the delayed rains in the 2023/24 agricultural season, which led to an increase in demand for small grains, hold a significant potential to claw back annual sales …
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National Report
Steward Bank to fly solo in Econet restructure
by Omega Ukamaby Omega Ukama 0 minutes readSTEWARD Bank is set to become a standalone listed entity as its parent, EcoCash Holdings, prepares to transfer its non-banking assets back to Econet Wireless Zimbabwe (Econet).Advertisements
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Top Stories
Packaging industry needs US$100 million makeover
by Almot Maqolo, Staff Writer 0 minutes readZIMBABWE’S packaging industry, grappling with outdated equipment and fierce competition, requires a US$100 million shot in the arm to remain relevant, according to a recent report.Advertisements
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Top Stories
Fiscal headwinds blow as dollarisation tightens grip
by Mishma Chakanyuka, Staff Writer 0 minutes readZIMBABWE’S government could face significant challenges funding its spending in 2024, with dwindling access to local financing due to the country’s deepening dollarisation, research firm Imara Investing in Africa (Imara) …