PPC basic and headline earnings to decline by more than 20%...
Farai Mabeza
Southern African cement manufacturing group PPC,s basic earnings and headline earnings per share is expected to decrease...
Sink or swim for Mthuli’s mid-term review
TODAY, Finance and Economic Development minister Professor Mthuli Ncube has a balancing act to play when he presents his mid-term budget review.
The Zimbabwean economy...
Cabinet defers schools opening; to tighten lockdown
Xolisani Ncube
Government has postponed the re-opening of schools which was set for July 28 due to a rise in covid-19 cases.
The move comes as...
Forex woes hamper irrigation development
Farai Mabeza
Government has blamed foreign exchange woes for its failure to develop adequate irrigation infrastructure in the face of consecutive droughts experienced in Zimbabwe.
In...
Hampered by capacity constraints, Glytime Foods seeks relocation closer to farmers
Farai Mabeza
Agro-based processor Glytime Foods’ plans to increase capacity have been hamstrung by small working space and lack of access to adequate working capital...
Drax challenges contract termination
XOLISANI NCUBE
Drax Consulting SAGL, a company that was controversially awarded the deal to supply medicines and surgical sundries before the deal was terminated by...
Managing the Exchange Rate in Zimbabwe
By Professor Tony Hawkins for the CAA Business School
One statistic tells it all. Forty years ago, the Zimbabwe dollar was worth 150 US cents,...
BancABC launches A360 Mobile Banking App
At a time when Banks worldwide are looking for ways to bring innovation during the current COVID-19 pandemic, BancABC launched their A360 Mobile Banking...
Mash Holdings assessing COVID-19 impact on Charter House Hotel project
HARARE – Property development and management company Mashonaland Holdings Group’s operating profit rose 13 percent during the period starting October 2019 to May this...
US$1.8m drought insurance pay-out for Zim
Farai Mabeza
Zimbabwe has received a US$1.8 million drought insurance pay out from African Risk Capacity Insurance Company Limited, a financial affiliate of the African...