AFDIS says it is targeting to increase production efficiencies and implement cost containment initiatives this year to improve profitability.Advertisements
finance
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Companies & Markets
Padenga sees better returns from croc business
by Mishma Chakanyuka, Staff Writer 0 minutes readPADENGA Holdings (Padenga) says it anticipates improved returns from its crocodile business this year, following the implementation of several strategies to improve the division.Advertisements
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CBZ Holdings (CBZ) has posted a 24,7 percent increase in its inflation-adjusted profit to $33,04 billion for the year ended December 31, 2022, compared to $26,49 billion recorded in the …
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NMB Holdings says it is looking at opportunities within its branches to install solar to operate completely off-grid.Advertisements
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Columns & CommentLegal Matters
LEGAL MATTERS: Legal issues affecting entertainers, athletes
by Hilary Muzaby Hilary Muza 0 minutes readTHE law affects every aspect of life. In this week’s article, I will look at the legal structure of the entertainment industry and how artists and entertainers need to put …
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Top Stories
Overhaul the forex complex: Business
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readGIVEN the extent of the challenges being experienced in the country, more needs to be done to revitalise Zimbabwe’s foreign exchange system, business says.Advertisements
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Minister of Finance, Mthuli Ncube, has invited the financial sector to discuss incentives for private equity funds, which he believes can deepen the country’s capital markets and push industrialisation.Advertisements
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Top Stories
High inflation ‘to negate’ interest rate adjustment
by Farai Mabeza, Senior Staff Writer 0 minutes readAN EXPECTED interest rate adjustment on short-term tenors in Zimbabwe is unlikely to have the desired effect of curbing speculative borrowing because of the country’s high inflation, an analyst has …
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Columns & CommentCompanies & Markets
Delta not keen on VFEX
by Farai Mabeza, Senior Staff Writer 0 minutes readDELTA Corporation (Delta) does not expect to join a number of companies that are migrating from the Zimbabwe Stock Exchange (ZSE) to the foreign currency-denominated Victoria Falls Stock Exchange (VFEX), …
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National Report
Government sees low defaults on mechanisation programme
by Almot Maqolo, Staff Writer 0 minutes readTHERE has been a low default rate on repayment of loans under Zimbabwe’s Belarus-sponsored farm mechanisation programme, a government official has said.Advertisements