finance

KUVIMBA Mining House (Kuvimba, a state-owned company, says it is not acquiring a new asset this year, but is considering listing some of its existing units on the Victoria Falls …

  STARAFRICA Corporation (Starafrica) says it is looking forward to the government reinstating duty on imported sugar, a development that will positively impact the local sugar industry.Advertisements

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) says Zimbabwe’s active mobile telephone subscriptions were down by 100 000 during the second quarter of 2023 to 13,95 million.Advertisements

THE government says the recently commissioned 300 000 tonne Sabi Star Mine flotation plant is a significant step towards the fulfillment of the Mapinga mines-to-energy park grand plan.

CBZ Holdings says it is looking into potential acquisitions with other financial institutions after tying up its merger with First Mutual Holdings (FML).Advertisements

FARMERS say land tenure should be finally resolved to unlock private sector funding, as President Emmerson Mnangagwa settles into his second term in office.Advertisements

THE National Competitiveness Commission (NCC) says it is working on a strict institutional regulatory impact assessment to improve the ease of doing business climate in Zimbabwe.Advertisements

ZIMBABWE’S biggest mortgage lender, CABS, posted a net surplus of $428,82 billion for the half year ended June 30, 2023 buoyed by an increase in net interest income.Advertisements

ZB FINANCIAL Holdings (ZBFH) says banks in Zimbabwe have had to rely more on non-funded income as a result of a tight monetary policy that has seen interest income declining …

THE Confederation of Zimbabwe Industries (CZI) has urged the government to be wary of inadvertently forcing full dollarisation through its tight squeeze on Zimdollar liquidity.Advertisements