Tag: RBZ
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...
RBZ releases US$100m to clear auction backlog
HARARE - Reserve Bank of Zimbabwe says it has cleared the allotments backlog on the foreign currency auction system after it released US$100mln into...
Sakunda sweats over US$50 million debt
Staff Writer
Kudakwashe Tagwirei’s Sakunda Holdings is sweating over US$48 million that it owes to its London-Stock Exchange listed technical partner, Aggreko accumulated from the...
