SME’s now bedrock of economy- Deputy Minister

Talkmore Gandiwa The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and...

ZAMCOM delivers PIDACC endorsement letters to AfDB

Talkmore Gandiwa The Zambezi Watercourse Commission has delivered five endorsement letters to Africa Development Bank as part of the requirements needed to unlock funds that...

55% RioZim revenue gobbled by taxes, exchange rate anomalies

Tadiwa Musiyiwa HARARE – RioZim Limited says it is losing revenue to a “volatile operating environment”, with approximately 55% of its gross revenue spent on...

Palestine Embassy launches solidarity council

Talkmore Gandiwa A new council to coordinate all Palestine solidarity activities in the country, Zimbabwe Palestine Solidarity Council, has been launched in Harare. The council, which...

Zim manufacturing sector imports 70% of its raw materials

Christopher Mahove Zimbabwe’s food manufacturing sector sources 70% of its input components from foreign markets despite the country’s economy being agro-based. Confederation of Zimbabwe Industries chief...

Zimra warns businesses who falsify US$ financial records

Christopher Mahove The Zimbabwe Revenue Authority has given traders who are falsifying their foreign currency financial records, a December 31 ultimatum to voluntarily declare all...

Government sets aside $9 billion for national census

Takudzwa Musakasa HARARE – The Government of Zimbabwe has set aside $9 billion for the population and housing census to be conducted from 21 April...

FMP occupancy rises to 89% to boost net property income in...

Tadiwa Musiyiwa HARARE – Property firm, First Mutual Properties’ net property income grew by 62% driven by a 49% increase in revenue growth and...

Simbisa profit margins improve on improved turnover and cost containment

HARARE -  Simbisa says its group operating profit margins during the three months to Sept. (Q1 FY22 ) improved by 5 percentage points from...

New leases spur Mash Holdings’ revenue in Q-September

Tadiwa Musiyiwa HARARE – Zimbabwe Stock Exchange-listed property investment and development company, Mashonaland Holdings has increased revenue by 37% to ZWL359 million driven by new...

Rising consumer demand sees BAT cigarette sales volumes rise 25% in...

Itai Ndongwe  Improving consumer demand and increased export of cut rag tobacco saw British American Tobacco Limited (BAT) Zimbabwe recording an overall volume growth of...

Nampak volumes up 23% in Q-September on firming demand

Tadiwa Musiyiwa  Nampak Zimbabwe Limited sales volumes improved by 23% on the back of firm demand for commercial cartons in the printing and converting segment. In...

Fidelity Life’s core revenue increases 121% in YTD September

Takudzwa Musakasa HARARE – A combination of new business and premium reviews led Fidelity Life Assurance to a 121% increase in total core revenue for...

Volume recovery in publishing boosts Zimpapers’ Q3 topline

Itai Ndongwe  HARARE – Volume recovery from the digital and publishing division saw Zimpapers report a 74% growth in revenue for the third quarter to...

FUM: Specialist funds grow 7.37% in Oct, ABC leads on returns

Tadiwa Musiyiwa HARARE – Specialist funds increased by 7.37% to 58.28% during the month of October 2021, according to the latest edition of the GroWealth...

ZERA increases LPG prices

Itai Ndongwe The Zimbabwe Energy Regulatory Authority (ZERA) has announced new prices for liquefied petroleum gas (LPG) for November 2021. According to the Petroleum (Liquid Petroleum...

Natfoods AGM: Watch

HARARE - National Foods says its new plant in Bulawayo will improve market share and profitability. Watch snippets of the AGM here: https://www.youtube.com/watch?v=XJ9WKfvu7XE

DPC to compensate small depositors

Government has availed USD400 000 to the Deposit Protection Corporation {DPC} through Kuvimba Mining House for the compensation of small depositors for the loss of...

Доказательство игровой автомат колумб делюкс начала казино

Чтобы избежать избыточных пробелов в этой игре, онлайн-казино требует, чтобы женщины предоставили бумажный документ. В игровой автомат колумб делюкс играть без затрат без учетной...

ZRA increases water for power generation

Talkmore Gandiwa The Zambezi River Authority has revised upwards the water volume for power generations at Lake Kariba to three billion cubic meters due the...