finance

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.

ZIMPLATS 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

AMALGAMATED Regional Trading (Art) says it will leverage on its global sourcing partners to deliver cost-competitive raw materials.Advertisements

  FIRST 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

ZIMBABWE 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 …

AMALGAMATED Regional Trading (Art) says it will leverage on its global sourcing partners to deliver cost-competitive raw materials.Advertisements

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

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.

FOSTERING 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

BINDURA 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