finance

CFI Holdings (CFI) is hoping to shield itself from the El Nino-induced economic contraction by increasing its milling operations and housing projects.Advertisements

AMALGAMATED Regional Trading Holdings (Art)’s revenue jumped seven percent to US$47 million in the year ended September 30, 2023, with the group’s divisions able to sell predominantly in hard currency …

SUGAR producer Hippo Valley Estates says it has enough water resources to sustain its operations through the anticipated El Nino period, potentially mitigating drought risks and ensuring production stability.Advertisements

ZIMBABWE’S trade deficit ballooned to US$146 million in November, more than doubling from the previous month, as a sharp drop in exports outpaced a modest decline in imports.Advertisements

ZIMBABWE’S tourism industry is roaring back to life, with a 41,9 percent increase in tourist arrivals during the third quarter of 2023 compared to the same period last year.Advertisements

THE Old Mutual Investment Group (OMIG) warns that Zimbabwe’s fragile economic balance hinges on the government’s ability to walk a tightrope of maintaining its strict fiscal and monetary policies.Advertisements

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz), anticipates positive outcomes from recent telecom tariff hikes.Advertisements

THE lack of a robust saving culture in Zimbabwe, according to the Treasury, is one of the major missing links in the country’s economic development.Advertisements

ARISTON Holdings (Ariston) recorded a 34 percent decline in tea production volumes to 2 427 tonnes in the year ended September 30, 2023, owing to 20 percent of the lowest-yielding …

FOREIGN investors’ activity on the Zimbabwe Stock Exchange (ZSE) remained heavily skewed towards selling in 2023, with a net disposal of $39 billion.Advertisements