ANALYSTS say trust issues still stand in the way of the Reserve Bank of Zimbabwe’s gold coins and gold-backed digital tokens (GBDT) providing a perfect alternative for the US dollar …
finance
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THE Reserve Bank of Zimbabwe (RBZ) insists that it has a handle on money supply, saying the currency volatility seen within the economy recently was caused by “non-monetary factors”.Advertisements
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TREASURY’S latest growth projection for Zimbabwe’s economy of 5,3 percent has sparked debate among analysts, who are divided on whether the figure is realistic.Advertisements
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THE Airports Company of Zimbabwe (ACZ) says it is actively wooing more international airlines to ply the Harare route after the recent expansion of the Robert Gabriel Mugabe International Airport.Advertisements
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Companies & Markets
Nampak sees US dollar sales boost
by Farai Mabeza, Senior Staff Writer 0 minutes readNAMPAK says it benefited from improved US dollar collections during the nine months ended June 2023. Advertisements
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National Report
RBZ directive: Tourism asks for time
by Mishma Chakanyuka, Staff Writer 0 minutes readTHE tourism sector says the time frame given by the central bank for operators to regularise tourism agreements with external partners is not feasible.Advertisements
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THE Reserve Bank of Zimbabwe (RBZ) says foreign currency-denominated loans constituted 94 percent of local banks’ aggregate lending as at June 30, 2023.Advertisements
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ARISTON Holdings (Ariston) says tea production from the Clearwater Tea Estate factory has been consolidated, with the Southdown Tea Estate factory to increase manufacturing volume.Advertisements
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ZIMRE Holdings (Zimre) is looking at unlocking some value from its investment property portfolio with the anticipated listing of the Eagle Real Estate Investment Trust (REIT). Our staff writer Almot …
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Companies & Markets
ZMX upbeat as participation ticks up
by Farai Mabeza, Senior Staff Writer 0 minutes readBUDDING agriculture commodities bourse, the Zimbabwe Mercantile Exchange (ZMX) is con fident of growth as participation by both farmers and financial institutions ticks up.Advertisements