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CABS strikes deals to expand scope
Correspondent banks provide services to other banks, usually in another country.
Feature: 'Obsolete equipment cripples power generation'
We have plans to rehabilitate Hwange Power Station at the moment.
Harare City warns govt
Smart City Concept was at the core of its desire to see a transformed urban setting across the nation.
ZB explores options to tackle inflation
They largely emanated from upward pressure on cost structures resulting from the inflationary environment.
By Melody Chikono Sep. 4, 2022
Zim platinum H2 output remains stable
This offsets declines at Mimosa and Zimplats which fell due to a semi-finished inventory release last year.
Fiscal pressures could limit govt options
The main drivers of inflation in Zimbabwe have been money supply growth, the parallel market premium as well as energy and fuel price developments.
Zimplats splurges US$270m on capital projects
Zimplats said a total of US$44,1 million was spent on the upgrade of the Mupani Mine project during the year, bringing the project expenditure to date to US$190,7 million.
Crop price liberalisation on cards
Government has all along been setting producer prices for commodities, which has left many farmers vulnerable.
By Melody Chikono Sep. 8, 2022
'Women must be accountable in business'
Manungo also noted that women needed to avoid being seen as beneficiaries of patronage or sympathy and avoid misrepresentation to win tenders.
Soldiers 'siege' Morton Jaffray
Stocks of sulphate, as shown by the startling report, have dwindled to 41 tonnes while the capital requires 2 500 tonnes every month.
By Tinashe Kairiza and Melody Chikono Sep. 9, 2022
Students stuck in Cyprus prisons
Preliminary investigations by this publication show that this could be a tip of the iceberg.
Banks keep NPLs in safe territory
A non-performing loan (NPL) is a credit that is in default due to the fact that the borrower has not made the scheduled payments for a specified period.
FBC embarks on housing schemes
Meanwhile, the group is also continually seeking opportunities to preserve and grow shareholder value as well as enhance customer experience.
Dairibord aims to boost exports
The long-term benefits are expected to be competitive local milk prices, import substitution for milk powders and opportunities for export growth.
By Melody Chikono Sep. 13, 2022
Zim students stuck in Turkey
The European country has, however, distanced itself from the jailing of the students.
By Melody Chikono and Tinashe Kairiza Sep. 16, 2022
Turnall to resuscitate fibre plant
The group this year indicated it was carrying out plant refurbishments at the Harare plant, in addition to several projects valued at US$4 million.
By Melody Chikono Sep. 16, 2022
Pension funds generate US$29 million
Money markets and other assets stood at 5% and 7% respectively.
By Melody Chikono Sep. 18, 2022
Individuals, unclaimed shares the biggest accounts on the CSD
A CSD August update shows that individual accounts stood at 20 579 while unclaimed shares stood at 16 305.
By Melody Chikono Sep. 19, 2022
‘Rate hike stems inflation storm’
NBS chairperson Shingai Mutumbwa said the lender was monitoring market reaction to the bold move through its loan book.
By Melody Chikono Sep. 20, 2022
GB Holdings set to meet demand
ZIMBABWE Stock Exchange (ZSE)-listed rubber and chemicals manufacturer, General Beltings, says it is poised to meet increased demand in the fourth quarter.
By Melody Chikono Oct. 6, 2022
US$20m injection for ailing David Whitehead
Ganediwal said the company would target Zambia, Malawi and other neighbouring countries for exports in the short term.
By Melody Chikono and Taurai Mangudhla Oct. 6, 2022
Japan extends US$700K grant to Zim
The project will be implemented by JICA engineers in collaboration with engineers from the Transport and Infrastructural Development ministry.
By Melody Chikono Oct. 7, 2022
Territorial dispute worsens Zim students’ predicament in Cyprus
Northern Cyprus has been “illegally” occupied by Turkey since 1974 and is only recognised by Istanbul the world over as a sovereign state.
By Melody Chikono and Tinashe Kairiza Oct. 7, 2022
AVC extends footprint in agric sector
Ganediwal said the fertiliser supply project was meant to ensure full support for the agricultural sector.
By Melody Chikono Oct. 9, 2022
Long-serving pension funds trustees put on notice
This comes as preliminary findings on governance offsite inspection conducted by the regulator revealed that some have become perennial trustees.
By Melody Chikono Oct. 11, 2022
Bank charges eroding public confidence
Chiduwa said most banks were blaming high bank charges on imported systems.
By Melody Chikono Oct. 12, 2022
‘Zim needs to monitor its borrowings’
This comes at a time when the country is struggling to settle public debts in excess of US$19 billion.
AfDB plan on Zim doomed to fail’
The Zimbabwean government enlisted Adesina to help clear its long-standing external debt arrears.
Parliament queries debt, GDP stats
Zimbabwe, which is in debt distress with external debt figures varying from US$14 billion to US$19 billion, has been struggling to get fresh lines of credit from multilateral lenders.
‘Discreet 2023 fiscal measures to boost listed firms’ performance’
He said companies were able to access funding via the auction market which improved production and product availability.
Kasukuwere shifts weight in Zanu PF
Jun. 9, 2023
Diamond miner in a spin after CEO fired
Jun. 9, 2023
Bikita Minerals sees exports at US$500m
Jun. 9, 2023
‘RBZ directive to trigger more power cuts’
Jun. 9, 2023