finance

THE Insurance and Pensions Commission (Ipec) says the Treasury gave prescribed assets status to projects worth US$197 million and ZW$8,5 billion during the half-year to June 2023.Advertisements

NATIONAL Foods (NatFoods), posted a three percent decline in overall volumes to 553 000 tonnes for the year ended June 30, 2023, owing to volume losses in the flour unit.Advertisements

Major airlines around the world have cancelled flights to Israel or warned of travel disruption as the security situation deteriorates.Advertisements

SA’s top anti-trust adjudicating body on Monday confirmed a nearly R400 million settlement agreement between Unilever and competition authorities over the alleged market division of margarine.Advertisements

NATIONAL Foods says it has adequate stocks of raw materials and is not worried about the expected El Niño weather conditions impacting its products’ availability.Advertisements

THE Insurance and Pensions Commission (Ipec) has urged life assurers to continuously strengthen their balance sheets to withstand exogenous shocks.Advertisements

SUGAR producer Hippo Valley Estates says it is optimistic about sugar output in the upcoming season despite expectations of El Niño conditions.Advertisements

BRITISH American Tobacco Zimbabwe (BAT) says it continues to show resilience despite pressure from the demanding operating environment, which is threatening business viability.Advertisements

NATIONAL Tyre Services Limited (NTS) says it has closed four branches due to underperformance and locational challenges.Advertisements

VICTORIA Falls Stock Exchange (VFEX)-listed diversified manufacturer, Zimplow Holdings, says it is resetting itself to assert its status as the supplier of choice for agriculture, mining, infrastructure, and automotive equipment …