SA-based stars back in action

Langton Nyakwenda AFTER spending over 10 months on the sidelines due to a niggling groin, Warriors left-back Ronald Pfumbidzai is now eyeing a return for Bloemfontein Celtic when the MTN…

Zesa turns to Treasury for bailout . . . Owes coal producers $1bn, Eskom US$90m

Cash strapped Zesa Holdings has asked for a Government bailout to help it through the liquidity crisis, Energy and Power Development Minister Zhemu Soda has said.

Zim lithium for premium market

THE future of Zimbabwe’s lithium exports appears bright and lucrative following revelations that one of only two active producers of ultra-low iron lithium has closed down.

Business executives optimistic in year ahead

Business executives in the country are feeling more optimistic about expansion plans and the outlook for their companies over the next 12 months, yet still harbour deep concerns about the overall economic environment, an analysis of statements accompanying recently released financial results shows.

Tourism sector plots bubble for Vic Falls

HOSPITALITY industry players are engaged in talks to facilitate a unique regional travel framework that will promote increased tourism activity, particularly into Victoria Falls.

VFEX: Answer for pension funds’ investment dilemma

With inflationary pressures emerging from monetary reforms that culminated in the return of the Zimbabwe dollar last year, pension funds have been calling for United States dollar-denominated investments to both protect and build on their contribution pools.

Zim expands avocado, macadamia production

Zimbabwe is on a rapid expansion of macadamia and avocado production, with high prospects of making the commodities key agricultural exports in the next few years.

Bank loans fall drastically in real terms

Economist John Robertson says although Zimbabwean banks have significantly increased credit into the economy, the real value of those loans has drastically fallen due to the depreciation of the local currency coupled with high inflation rates.

First Mutual’s Gross Written Premium narrows

Diversified insurance group, First Mutual Holdings, reported an underwhelming set of numbers for the six months to June 30, 2020, with Gross Written Premium (GPW) sliding 8 percent to $1,5 billion as most of its operations felt the weight of inflationary pressures.

Why the sports industry is booming

If you’re passionate about sports, now is a great time to get into business.