finance

PIPING products manufacturer, Proplastics, has set annual capital spending at $2,6 billion despite reporting an 86 percent dip in its 2022 inflation adjusted profit.Advertisements

A LOCAL research firm says it expects Padenga Holdings’ (Padenga) revenue for this year to rise by almost 30 percent to US$166,81 million, underpinned by the expansion of gold mining …

THE National Competitiveness Commission (NCC) has urged Zimbabwean authorities to ban the exportation of raw hides to support value addition in the leather industry, which has been billed as a …

MASHONALAND Holdings (Mash Holdings) says it expects its foreign currency denominated full year revenue to stand at 75 percent in an increasingly dollarising economy.

FIRST Mutual Properties (FMP) says the office segment was subdued in 2022 owing to the need to re-adjust from the newly-formed remote working models.

Amazon Web Services (AWS) experienced a wide-reaching outage on Tuesday afternoon, which affected countless major websites.Advertisements

SINCE the 2000s, Standard Chartered Bank (StanChart) has been “fading away” from Zimbabwe.Advertisements

A LOCAL research firm says it expects Zimbabwe’s money supply to remain “under a leash” after recent changes made to Zimbabwe’s exchange controls.Advertisements

THE Zimbabwe Revenue Authority (Zimra) says it is concerned about the growing number of taxpayers who are failing to declare sales in the currency of trade as domestic US dollar …

NATIONAL Foods Holdings (NatFoods) has applauded the multi-currency environment, saying it has improved operational sustainability.Advertisements