ZIMBABWE’S power imports increased by 13,1 percent to 425,5 gigawatts (GWh) during the third quarter of 2023, according to ZimStats.Advertisements
finance
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THE Revitus Property Opportunities Real Estate Investment Trust raised $48,6 billion through its initial public offering (IPO), fund administrator CBZ Asset Management has said.Advertisements
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THE Zimbabwe Energy Regulatory Authority (Zera) says fuel prices could keep falling in Zimbabwe if global relief persists.Advertisements
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Top Stories
Survey reveals service delivery deficiencies
by Almot Maqolo, Staff Writer 0 minutes readZIMBABWE’S inaugural State of Services Economy Survey (SOSES) found some gaps within various sectors of the country’s economy.Advertisements
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Top Stories
Persistent instability drives negative outlook sentiment
by Farai Mabeza, Senior Staff Writer 0 minutes readBUSINESS executives are increasingly losing confidence about the future trajectory of Zimbabwe’s economy, driven mainly by continued macroeconomic instability, a new survey shows.Advertisements
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THE mining business confidence index from a recent industry report paints a gloomy backdrop for the sector as 2023 draws to a close.Advertisements
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Companies & Markets
Puma anticipates surge in demand
by Farai Mabeza, Senior Staff Writer 0 minutes readPUMA Energy Zimbabwe is set to expand its retail network and storage facilities under a US$30 million investment over the next three years.Advertisements
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ZIMBABWE’S diamond production declined by 22,1 percent to 1,03 million carats in the third quarter of 2023 as load shedding disrupted mining activities, a new report shows.Advertisements
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INNSCOR Africa (Innscor) says despite a challenging operating environment in Zimbabwe, it sees several growth opportunities.Advertisements
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National Report
Bottlenecks constrain industry capacity utilisation
by Farai Mabeza, Senior Staff Writer 0 minutes readPERSISTENT power shortages and high levels of corruption top the list of drivers of low levels of capacity utilisation in the major sectors of Zimbabwe’s economy, according to a new …