Gold prices bolster national forex receipts

Nqobile Bhebhe RESEARCH and stockbroking firm, IH Securities, says favourable gold prices have bolstered foreign currency receipts in the current year resulting in growth of 9,5 percent from US$5,6bn in…

VP Chiwenga to headline infrastructure conference

Business Writer Vice President Dr Constantino Chiwenga is billed  to headline the second edition of Africa Infrastructure and Built Environment Confex (AfriConfex) conference in Bulawayo this week. The conference is…

Market turnover doubles, but VFEX remains subdued

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) All-Share Index advanced by 1,38 percent over the past week, largely driven by gains in mid-cap stocks. Leading the 11 risers were Tanganda,…

Invictus to continue with exploration, drill tests in Dande

Business Writer INVICTUS Energy, the Australian company that discovered gas deposits in Muzarabani and Mbire districts, north of Zimbabwe last year, continues with exploration and intends to start drill tests…

Osaka Japan Expo presents Zimbabwe with opportunities for re-engagement

Business Writer/NewZiana Zimbabwe’s participation at next year’s Osaka (Japan) Expo presents another opportunity to explore global trade and investment opportunities and also further the country’s re-engagement agenda, according to a…

Zimplats sinks US$413 million in mine development

Business Writer ZIMBABWE’S largest platinum miner, Zimplats, says it has so far spent a total of US$413 million on its mine development projects against a budget of US$468 million. The…

AfDB extends US75 million package to support ETG

Business Writer The African Development Bank Group has approved a U$75 million financing package to support Export Trading Group (ETG), a Mauritius-based conglomerate with extensive operations across Africa, including Zimbabwe.…

ACZ targets SEZs around all local airports

Business Writer The country’s airports management firm, the Airports Company of Zimbabwe (ACZ), plans to establish special economic zones (SEZs) around the country’s major airfields. The company plans to start…

Bridgefort restructures business model into financial services

Business Writer Bridgefort Capital, formerly Medtech Holdings, is moving to establish itself as an African financial services business through acquisition of Diaspora Kapita (DK), a South African domiciled investment holding…

Farmers decry high inputs prices

Oliver Kazunga Farmers have bemoaned steep input costs and interest rates on bank loans saying this could work against their aspirations for better prospects in the 2024/25 agriculture season. Weather…

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