finance

FIRST Capital Bank (FCB) Zimbabwe says appetite for its lines of credit has been encouraging to the extent that it is now in fresh negotiations with the European Investment Bank …

THE threat of the raging Israel-Hamas war sucking in the entire Middle East region poses significant risks for Zimbabwe’s economy, analysts have warned.Advertisements

FIDELITY Life Assurance (Fidelity) recorded a 163 percent surge in insurance contract revenue to $4,4 billion for the half year ended June 30, 2023, buoyed by the significant growth in …

PLAYERS in the property sector have called for the continued use of the US dollar post-2025, saying ditching the greenback so soon could destabilise the economy.Advertisements

CALEDONIA Mining Corporation (Caledonia) says the new positive drill findings suggest that there is more mineralisation and point to a longer life span for its flagship bullion asset, Blanket Mine.Advertisements

GENERAL Beltings (GB) says it will keep strengthening its market position in the productive sectors of the economy through expedited order conversion and prompt client delivery.Advertisements

THE Zimbabwe sugar industry is facing stiff competition from cheap imports following authorities’ measures to allow duty-free imports under Statutory 80 of 2023. As a result, companies have been exporting …

BORDER Timbers says it has secured funding for a biomass partnership project with two unnamed tobacco companies.Advertisements

A NEW dawn beacons at the tax office of the country, Zimra. The Tax and Revenue Management System (TaRMS) goes live today. TaRMS is a business re-engineering process committed to …

FBC Securities is expecting the stock market’s performance to continue to be impacted by local liquidity conditions and value preservation concerns, given existing currency dynamics.Advertisements