Business News

1 year ago | November 8, 2022

Growth of collective investment schemes show market resilience, CBZ

Business Writer CBZ Custodial Services says the growth of collective investment schemes (CIS) is manifestation of the ...

Who are the mystery buyers responsible for central bank gold boom?

Bloomberg Central banks bought a record amount of gold last quarter as they diversified foreign-currency reserves, with ...

Germany wrestles with economic dependence on China

AFP As Chancellor Olaf Scholz travels to Beijing, policymakers and businesses at home are grappling with an existential ...

1 year ago | November 4, 2022

Dominican Convent win inaugural capital markets quiz competition

Michael Tome DOMINICAN Convent High School, Bulawayo, are the winners of the tightly contested inaugural Capital Markets ...

ZSE retreats as RBZ remains resolute on interest rates

Business Writer The ZSE All Share Index ended the week in the negative after shedding 71.16 points or 0.47 percent in a ...

Former ENG directors in property scam 

Martin Kadzere Former directors of the ENG Group, the first casualty of Zimbabwe’s financial crisis in 2004, have been ...

Afdis revenues surge 48 percent

Enacy Mapakame Spirits and wines maker, African Distillers Limited (Afdis), revenue for the six months to September rose ...

As world diesel shortage looms, is Zimbabwe ready?

Tapiwanashe Mangwiro Diesel is the fuel of the economy, and it is in just about everything that we use with the bulk of ...

Not cutting rates yet, pain is necessary — RBZ

Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) will not bow to pressure for an immediate downward review of its ...

ZSE faces existential threat, but VFEX offers hope

Nelson Gahadza The viability and sustainability of the Zimbabwe Stock Exchange (ZSE) is under threat as more companies ...

US firm agrees to fund CSC turnaround

Business Writer United States – based Ethos Asset Management Inc, has agreed to provide financing to Boustead Beef ...

Proposed nation branding framework for Zim

Dr Musekiwa Clinton Tapera The proposed nation branding framework as shown in the illustration (right) summarises what ...

Innscor Africa pours US$56m for expansion

Enacy Mapakame Diversified industrial group — Innscor Africa Limited — has poured US$56 million worth of investment for ...

Tourism sector optimistic

Tapiwanashe Mangwiro Zimbabwe’s tourism sector is set to experience the “first” holiday season in two years without ...

Five questions every leader must ask

Arthur Marara Quite deliberately I am bringing against these conversations around the strategy. This is the buzzword in ...

Stanbic positions employees for leadership posts

Business Writer Stanbic Bank has embarked on various training programmes aimed at equipping its employees for future ...

FCB savings campaign set to end on a high note

Business Writer First Capital Bank’s (FCB) campaign to encourage savings will end with a bang this coming Saturday as it ...

‘Current interest rate regime may kill agriculture’

Tapiwanashe Mangwiro Bankers, economists and farmers have expressed fears that the country might miss out on agriculture ...

Border Timber to replant more trees

Business Writer Border Timbers says recapitalisation plans remain a key priority for the company with the replanting ...

Democracy vs economic prosperity

Clifford Shambare When considering such a subject, the temptation is to ask; does democracy lead to economic prosperity? ...