Business Digest

Accountant’s role in reporting climate change

Climate change has affected the seasons, with irregular rainfall now being experienced, rains are now coming earlier or later into agricultural seasons.

By Hope Mhindu Sep. 23, 2022

Accountant’s role in reporting climate change

Zim’s AfCFTA opportunity

By Batanai Matsika Sep. 23, 2022

Challenges foreign airlines face to access blocked funds in Africa

By Adiel Mambara Sep. 23, 2022

Numbers: How to connect branding, image and money

Through understanding the connection between branding and image, we can apply an image to money. Branding is linked to the image of money.

By Tanaka Chikwenhere Sep. 23, 2022

Chinese tile maker fights taxes in Zim and Zambia

Zimbabwe has been a flashpoint for harsh taxes and high doing business costs.

By Mthandazo Nyoni Sep. 23, 2022

Chinese tile maker fights taxes in Zim and Zambia

Economists slam govt’s ‘fallacious’ inflation targets

Zimbabwe has one of the world’s highest inflation rates, estimated by authorities at 285,02% last month.

By Kudzai Kuwaza Sep. 23, 2022

Economists slam govt’s ‘fallacious’ inflation targets

Regulator asset probe delays FML

The Stock Exchange (ZSE) listed giant has approached the bourse over the delay, the firm said Wednesday.

By Tatira Zwinoira Sep. 23, 2022

Zimra fails to receipt ZW$1,6bn

She also highlighted that most entities were yet to align their practices and policies with the provisions of the law.

By Sydney Kawadza Sep. 23, 2022

Simbisa accelerates Zim forays …group to spend US$22m in restaurant rollout

The group said its focus was moving from navigating Covid-19-induced challenges to continuing to grow its footprint and creating stakeholder value.

By Mthandazo Nyoni Sep. 23, 2022

Simbisa accelerates Zim forays …group to spend US$22m in restaurant rollout

‘Govt measures to stabilise Zimdollar futile’

By making the gold coin purchasable in local currency, the central bank intended consumers to rush and buy the commodity asset.

By Tatira Zwinoira Sep. 16, 2022

‘Govt measures to stabilise Zimdollar futile’

Zim’s affluent flood real estate as markets falter

The drawback has been the high construction costs, which have been experienced across markets.

By Freeman Makopa Sep. 16, 2022

Zim’s affluent flood real estate as markets falter

‘RBZ interest rates hike to cause surge in NPLs’

Simultaneously we anticipate a thrust towards growing USD assets and effectively dollarising the interest income stream

By Kudzai Kuwaza Sep. 16, 2022

‘RBZ interest rates hike to cause surge in NPLs’

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

Top guns sign off with $2,4 billion windfall..Dairibord, POSB shareholders pampered

Mandiwanza exits the operation this month after helping it expand from a milk-only outfit to a broader beverages giant previously under state control.

By Shame Makoshori Sep. 16, 2022

Top guns sign off with $2,4 billion windfall..Dairibord, POSB shareholders pampered

Chance to buy 'undervalued' counters: FBC

The securities firm added that it would be sensible for them to consider 40% of the portfolio for active trading.

By The Zimbabwe Independent Sep. 9, 2022

Chance to buy 'undervalued' counters: FBC

Economic situation worries Japan

He said Japanese firms were also interested in investing in minerals like lithium.

By Tatira Zwinoira Sep. 9, 2022

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.

By Melody Chikono Sep. 9, 2022

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.

By Melody Chikono Sep. 9, 2022

Nedbank throws weight behind financial literacy

Two weeks ago, the RBZ said the number of financially included Zimbabweans reached 83% this year, but still below a 90% target that it had set.

By The Zimbabwe Independent Sep. 9, 2022

Nedbank throws weight behind financial literacy

'Focus still on US$12bn mining sector by 2023'

The mining sector has decried that the foreign currency retention thresholds are crippling their operations.

By Freeman Makopa Sep. 9, 2022

'Focus still on US$12bn mining sector by 2023'

Investor guns for StanChart

The bank had a core capital position of US$26 million below the central bank regulatory requirement of US$30 million.

By Tatira Zwinoira Sep. 2, 2022

Nedbank Zim profit surges

The bank’s cost to income ratio improved to 30% from 66% in the prior year in inflation adjusted terms with the capital adequacy ratio going up to 33% from 29% last year.

By Kudzai Kuwaza Sep. 2, 2022

CABS strikes deals to expand scope

Correspondent banks provide services to other banks, usually in another country.

By Melody Chikono Sep. 2, 2022

Rights and traditions in Zim: Can traditional leaders regain trust?

The report goes further to recommend dialogue on the role of traditional leaders.

By Dzikamai Bere Sep. 2, 2022

Rights and traditions in Zim: Can traditional leaders regain trust?

Inaugural Zim investor indaba highlights

Scores of business leaders, economists and top ranking government officials also attended the conference

By Admin Sep. 2, 2022

Inaugural Zim investor indaba highlights

SecZim calls for speedy implementation of laws

The SecZim chief, who presented a paper during the inaugural Annual Investor Forum organised by the Zimbabwe Independent and PiggyBankAdvisor under the theme “Capital Markets for Zim’s Sustainable Development”, also bemoaned lack of transparency and accountability regarding statistics in the country.