finance

THE Zimbabwe National Chamber of Commerce (ZNCC) has joined the growing chorus of criticism of Zimbabwe’s recently adopted blended Consumer Price Index (CPI), saying the new inflation baseline distorts market …

THE Chamber of Mines of Zimbabwe (CoMZ) is anticipating the mining industry to recover in the second half of 2023, on account of an expected improvement in the country’s power …

CLOTHING retailer Truworths expects sales to increase after the introduction of US dollar credit at the beginning of the second quarter this year.Advertisements

INCREASED demand for foreign currency to fund operations and import raw materials, as well as plant and equipment, is weighing on the competitiveness of local industry, business leaders have said.Advertisements

INDUSTRY and Commerce minister Sekai Nzenza says businesses in Mozambique and Zimbabwe should aggressively pursue investment and trade possibilities in the two nations as both attempt to harness long-dormant economic …

EXPOSURE to Zimbabwe dollars in an increasingly dollarising economy is putting supermarkets’ profit margins under pressure, a local research firm has warned.Advertisements

THE Cass Saddle Agriculture Exchange Traded Fund (ETF) managers are bullish about local companies in the sector, which they expect to benefit from ongoing geopolitical tensions.Advertisements

GETBUCKS Microfinance Bank (GetBucks) says it in the process of negotiating transactions, as part of its capital raise initiative to be completed this year.Advertisements

BRITISH American Tobacco Zimbabwe (BAT) says it remains optimistic about growth despite mounting economic and political concerns.Advertisements

ZB FINANCIAL Holdings (ZB) says it recorded a 29 percent increase in foreign currency earnings during the quarter ended March 31, 2023, up from a 15 percent increase in the …