MPS to carry details of structured currency

Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) has doubled down on efforts to curtail Zimbabwe dollar exchange rate volatility, with the apex bank delaying releasing the eagerly awaited 2024…

Natural gas the major gain from the drilling

The firming up of the gas and oil condensate discoveries in the Muzarabani area by Geo Associates, with some very good news from the latest samples, will make a lot…

Managing legal costs: Use alternative dispute resolution

Arthur Marara This is a continuation of the series of articles on how to manage legal costs. This week I want to share a strategy that can help you significantly…

Nedbank unfazed by operational headwinds in Zim

Nelson Gahadza Nedbank Group says despite operational headwinds in Zimbabwe, the market remains favourable largely as a result of increased usage of a stable currency, the US Dollar. The South…

No railway line in sight for Manhize plant

Oliver Kazunga In a major development likely to slow-down gained momentum, DINSON Iron and Steel Company, says it is commencing steel production in Chivhu without a railway line linking it…

About Truworths

Truworths Limited is a Zimbabwe Stock Exchange-listed clothing manufacturing company that was founded in 1957 and is headquartered in Harare. The clothing firm focuses on the manufacturing and sale of…

Simbisa leverages on increased consumer spend, new stores rollout

Michael Tome VICTORIA Falls Stock Exchange Listed (VFEX) listed Simbisa Brands says average spend increase and new stores rollout spurred its half-year performance to December 2023. This is so, the…

Mutating face of entrepreneurship

Dr Keen Mhlanga The face of entrepreneurship is changing. While the classic image of an entrepreneur might be a solo hustler working long hours in a garage, today’s entrepreneurs are…

Revenue crisis looms

Nelson Gahadza Zimbabwe’s overdependence on mineral export revenue leaves it vulnerable to fluctuations in global market prices, compromising the Government’s revenue position. The country produces a number of mineral commodities,…

Cheap imports, ZWL credit suspensions affect Truworths’ volumes

Nelson Gahadza Truworths Limited says units sold in the full year to July 9, 2023, declined by 33,8 percent due to the suspension of Zimbabwe dollar (ZWL) credit from July…

×