THE Reserve Bank of Zimbabwe’s (RBZ) says its foreign currency auction system has allotted US$4,12 billion, since its launch in June 2020, to local businesses and individuals, primarily for raw …
finance
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Companies & Markets
Econet, EcoCash weigh restructure
by Mishma Chakanyuka, Staff Writer 0 minutes readECONET Wireless Zimbabwe (Econet) is in talks with its fintech offshoot EcoCash Holdings (EcoCash) for a potential restructuring that could see the transfer of some non-banking assets to the parent. …
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Top Stories
Economic prospects improving amid rains
by Farai Mabeza, Senior Staff Writer 0 minutes readTHE significant rainfall that the country has received since the end of last year is good news for the farming sector and the economy as a whole.Advertisements
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Companies & Markets
Caledonia bids to retain gold production levels
by Farai Mabeza, Senior Staff Writer 0 minutes readZIMBABWE-FOCUSED gold producer Caledonia Mining Corporation (Caledonia) says it expects to maintain the same production levels achieved last year, in 2024 at Blanket Mine in Gwanda.Advertisements
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THE Zimbabwe Revenue Authority (Zimra) says the implementation of its new domestic Tax and Revenue Management System (TaRMS) is 80 percent complete.Advertisements
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Companies & Markets
CFI to resolve land bank issues
by Mishma Chakanyuka, Staff Writer 0 minutes readCFI Holdings (CFI) says it will maintain its efforts to resolve all issues affecting its interests in its land banks to make way for progressive, orderly infrastructure development and service …
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THE Chamber of Mines of Zimbabwe (CoMZ) has written to Mines minister Zhemu Soda pleading for a rethink on some of the recently introduced tax measures targeting the mining sector …
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BOOMING infrastructure projects and a thirst for property investments are expected to propel Zimbabwe’s construction sector to an 8 percent growth spurt in 2024, according to research firm First Mutual …
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Top Stories
‘User-pay model key for infrastructural growth’
by Almot Maqolo, Staff Writer 0 minutes readFINANCE minister Mthuli Ncube’s “user-pay model” is key for Zimbabwe’s roads development, as the country seeks to achieve regional parity in infrastructural financing.Advertisements
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National Report
Victoria Falls hotels see modest festive boost
by Almot Maqolo, Staff Writer 0 minutes readHOTELS in Victoria Falls recorded a modest one percent increase in occupancy over the festive season, underpinned by individual travellers and the diaspora.Advertisements