ZIMBABWE is using proceeds from platinum exports to settle a US$400 million loan from the African Export-Import Bank (Afreximbank) amid persistent struggles to access international lines of credit, Finance minister …
finance
-
-
Companies & Markets
Caledonia pins growth plans on Blanket Mine
by Farai Mabeza, Senior Staff Writer 0 minutes readCALEDONIA Mining Corporation (Caledonia) says its Gwanda operation at Blanket Mine will continue to anchor its countrywide operations, as prospects for its lifespan increase.Advertisements
-
Top Stories
Nssa, civil service funds to compensate pensioners
by Omega Ukamaby Omega Ukama 0 minutes readCIVIL service pensioners will start getting payments in 2024 as compensation for losses they incurred in 2009 when the government abandoned the Zimdollar due to hyperinflation, Finance minister Mthuli Ncube …
-
FINANCE minister Mthuli Ncube says climate-proofing initiatives carried out by the government over recent years will shield the economy from a sharp contraction next year, even if the current dry …
-
Companies & Markets
RioZim pushes renewable energy plans
by Mishma Chakanyuka, Staff Writer 0 minutes readRIOZIM continues to pursue its pipeline power projects, with particular focus on solar energy, which will provide a lasting solution to the power challenges for its mines.Advertisements
-
Companies & Markets
Offshore credit lines lift FCB
by Mishma Chakanyuka, Staff Writer 0 minutes readFIRST Capital Bank (FCB) says it will continue to prioritise the creation of offshore lines of credit in the short-term to give impetus to the balance sheet growth and mitigate …
-
INNSCOR Africa (Innscor) says its investment programme has led to the establishment of new business units and products, enabling the expansion and modernising of existing manufacturing lines and product categories.Advertisements
-
MICROFINANCE institutions (MFIs) extended $418,37 billion in loans to various productive sectors of the economy during the second quarter that ended June 30, 2023, a 549 percent increase from the …
-
National Report
Zimplow refines product offerings
by Farai Mabeza, Senior Staff Writer 0 minutes readZIMPLOW Holdings (Zimplow) continues to channel efforts towards the refinement of current product offerings, as well as improving the customer experience in the provision of after-sales products.Advertisements
-
Columns & CommentTax Matters
TAX MATTERS: IMTT removal and the trade-off
by Marvelous Tapera 0 minutes readhttps://staging.fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-298088.mp3?cb=1732287672.mp3THE Reserve Bank of Zimbabwe (RBZ)’s Monetary Policy Committee (MPC) recommended that the government removes IMTT on transactions that are intermediated through plastic bank cards and other digital platforms.Advertisements