finance

PADENGA Holdings (Padenga) says it is engaging the Reserve Bank of Zimbabwe after the lowering of the foreign currency retention threshold from 85 percent to 75 percent to ensure business …

THE Zimbabwe Energy Regulatory Authority (Zera) says it is lobbying Treasury to scrap value-added tax (VAT) on renewable energy products and energy-efficient merchandise to boost local power generation.Advertisements

CAFCA, Zimbabwe’s only cable manufacturer, is looking to expand its export market by entering new frontiers as well as strengthening its presence in the countries it operates in.Advertisements

SIMBISA Brands (Simbisa) is eyeing entering into forward foreign contracts with banks and where practicable use local suppliers to substitute imported raw materials to limit the impact of exchange rate …

CONSTRUCTION firm Masimba Holdings says the recent multi-currency regime extension will unlock opportunities in infrastructure development.Advertisements

THE African Union’s InterAfrican Bureau for Animal Resources (AU-IBAR) has begun engagements with the local finance and insurance sector to capacitate women-run livestock businesses with appropriate resources.Advertisements

HOSPITALITY group African Sun (AfSun) says it recorded a 12 percent increase in revenue to US$14,6 million in the quarter to September 30, 2023, spurred by higher demand for conference …

FINANCE minister Mthuli Ncube says the risk management framework and guidelines for the public sector, which his office launched this week, will help improve transparency and accountability by efficiently managing …

THE government says it remains committed to ensuring private sector participation in aviation infrastructure development.Advertisements

CBZ Holdings says rising external debt is likely to remain challenging due to continued tight monetary policy regimes across the globe.Advertisements