OLD Mutual Zimbabwe (OMZ) says it mobilised and disbursed US$110,9 million in funding for export-oriented businesses during the first six months of 2023.
finance
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National Report
Zimplats commits US$35,4 million to Selous solar project
by Mishma Chakanyuka, Staff Writer 0 minutes readZIMPLATS says it has committed US$35,4 million to fund the first phase of its 35 megawatts (MW) solar plant at the Selous Metallurgical Complex, against a budget of US$37 million.Advertisements
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National Report
Art to leverage on global sourcing partners
by Mishma Chakanyuka, Staff Writer 0 minutes readAMALGAMATED Regional Trading (Art) says it will leverage on its global sourcing partners to deliver cost-competitive raw materials.Advertisements
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Companies & Markets
Z$ depreciation hits FCB deposits
by Mishma Chakanyuka, Staff Writer 0 minutes readFIRST Capital Bank (FCB) says its deposits declined by 19,54 percent to US$109,5 million during the half-year ended June 30, 2023, owing to the devaluation of the Zimdollar.Advertisements
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National Report
Zimbabwe and DRC bullish about trade potential
by Farai Mabeza, Senior Staff Writer 1 minutes readZIMBABWE and the Democratic Republic of Congo are bullish about their trade potential after a third formal interaction between the two countries’ business communities in the last four months.Advertisements Trade …
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National Report
Art to leverage on global sourcing partners
by Mishma Chakanyuka, Staff Writer 0 minutes readAMALGAMATED Regional Trading (Art) says it will leverage on its global sourcing partners to deliver cost-competitive raw materials.Advertisements
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COTTCO, the country’s largest cotton financier, says it has already surpassed last year’s cotton intake by 49,27 percent with the buying season still ongoing.Advertisements
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THE tourism industry is optimistic that the peaceful conclusion of Zimbabwe’s general election will spur its recovery from the devastating impacts of the Covid-19 pandemic.
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Top Stories
Industry pines for more government care
by Farai Mabeza, Senior Staff Writer 0 minutes readFOSTERING national unity and cementing the relative economic stability of the past few weeks should be top priorities for President Emmerson Mnangagwa during his second term in office.Advertisements
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Companies & Markets
BNC expects output to pick up next month
by Almot Maqolo, Staff Writer 0 minutes readBINDURA Nickel Corporation (BNC) says it expects production to increase in the next two months following the replacement of the damaged Sub-Vertical Rock (SVR) winder bull gear.Advertisements