Banks have capacity to lend to corporates

Business Writer Local banks have significant financial capacity to lend to corporates that require working capital to support recovery from the Covid-19 pandemic, recent economic research findings have revealed. The…

Inflation to plunge 62pc

Business Writer ANNUAL inflation is expected to gradually decline in the second half of this year and plunge 62 percent to 300 percent by the end of year in response…

Auction trading system outperforms expectations

Misheck Ugaro Following the recent introduction of the foreign exchange trading system on June 23, 2020, the market sentiment was mixed. We predicted that the authorities had adopted the correct…

FBC Reinsurance rethinks business strategy

Enacy Mapakame FBC Reinsurance Limited says the outbreak of the Covid-19 pandemic will adversely affect business and may shift its plans as the company adjusts to comply with the restrictions…

TelOne targets US$300m capitalisation

Tawanda Musarurwa Fixed telecommunications operator, TelOne, says it is looking for investors to inject around US$300 million into the recapitalisation of the business. The company has just concluded a network…

Scam alert for SMEs

Joseline Sithole Ramani Igbalode Abbas, aka Hushpuppi, as he is affectionately known by his 2,4 million Instagram followers, was dramatically arrested by a joint operation of the United States and…

Onion farmer makes waves

Patrick Chitumba, Midlands Bureau Chief A Gweru farmer, Mr Gilbert Makore, has attracted interest after a Twitter post on April 28 showing more than 200 000 onions called Irati at…

Old Mutual: Confirmation bias won’t cut it

Taking Stock Kudzanai Sharara That economic players in the country have been using the Old Mutual implied rate to determine the exchange rate to use in trading foreign currency and pricing…

Premier Africa pays tribute to Govt

Business Writer Zimbabwe-focused mining group, Premier African Minerals, which owns RHA Tungsten project in Hwange, has commended the Government for facilitating progress towards operationalising the tungsten investment. In 2019, Premier…

Challenging engineering job for Zim-born Travers

In the latest instalment of Autosport’s “My Job in F1 series” delving into those who work behind the scenes in the paddock, we meet Zimbabwe born Stephanie Travers, a trackside…

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