Retailers under threat . . . informalisation gets out of hand

Michael Tome CALLS for formalisation of businesses continue to grow louder as the formal sector feels the pinch from the emergent informal economy in the country. Major retail players from…

Firms migrate to US dollar sales, shun Zim dollar

Nelson Gahadza Most companies operating in Zimbabwe are migrating towards US dollar sales as they remain skeptical of the Zimbabwean dollar (Zim dollar), which remains highly volatile. The country has…

Women entrepreneurship advancement

Note from ZNCC The Zimbabwe National Chamber of Commerce is hosting the 10th Edition of the Women in Enterprise Conference and Awards on September 29, 2023. The day encompasses insightful…

Is US$12bn mining economy unattainable by year-end?

Business Writer The US$12 billion mining economy target by the end of this year is an ambitious but very unrealistic projection that the Government sets for itself, according to economic…

Zimpapers records 59 percent revenue growth

Nelson Gahadza Zimbabwe Newspapers 1980 Limited, the country’s largest integrated media group’s revenue for the interim period to June 30, 2023, grew by 59 percent to $40,7 billion compared to…

The law on double sales

Arthur Marara Part 2 The question that arises is what is meant by “special circumstances affecting the balance of equities’. In a scenario where the second buyer is aware of…

Pension funds adopt short-term strategies

Nelson Gahadza Pension funds are failing to commit long-term funding as they are skeptical of what will happen to US dollar investments post- multicurrency system, which was entrenched into law…

Padenga crocodile skins sales bulk 52pc

Oliver Kazunga DIVERSIFIED crocodile breeder, Padenga Holdings Limited, recorded a 52 percent spike in skin sales to 18 709 in the first half ended June 30, 2023. The company, in…

Foundations in engineering, construction

Engineering and Construction Matters  With Innocent Chatikobo Often times, people lose their hard-earned cash in trying to repair their buildings which would have cracked. One of the major causes of…

Rich investors help Old Mutual

An outstanding feature of Old Mutual’s results for the six months to June 2023 is that the rich seem to get richer while the middle class is losing the fight…

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