Nampak divisions’ half year volumes mixed
Business Writer Listed packaging materials manufacturer, Nampak Zimbabwe, saw its divisions post mixed volumes numbers in the half year to March 31, 2023. Two of the company’s three divisions posted…
Deeds Principal examiner nabbed
Zvikomborero Parafini THE Council for Legal Education saga rages on with the principal examiner at the Deeds Office being hauled to court charged with fraud. He allegedly registered as a…
FOUR YEARS FOR EXTORTING CHINESE BUSINESSMAN
Zvikomborero Parafini A MAN, who claimed to be an intelligence officer, has been sentenced to four years in prison for extorting a Chinese businessman. Patrick Badza was convicted after a…
Joy for farmers as ZMX maize auction price jumps 9,6pc
Business Writer THE price of a tonne of maize on the newly introduced maize commodities auction system run by the Zimbabwe Mercantile Exchange (ZMX), rose by 9,6 percent to US$285…
Zimplow new business unit gains traction
Enacy Mapakame Farmec, Zimplow tractor division Zimplow Holdings Limited’s new business units are already gaining traction in new and existing markets, as the company aggressively pursues expansion to offset the challenges…
ZSE to expand digital platforms
Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) expects to expand its digital platforms in a move that will increase retail investor participation and efficiency in trading. This comes as the…
Mounting inflationary pressures increase FLA US dollar business
Nelson Gahadza Fidelity Life Assurance (FLA) says the inflationary environment obtaining in the country has seen the group increase its US Dollar business, at the same time developing products for…
‘Exporters have no basis of holding forex’
Golden Sibanda Zimbabwean authorities expect the foreign currency market to become self-sustaining in the near future after measures rolled out by the central bank and Treasury since early last month…
PPC kiln shutdown dents volumes
Michael Tome CEMENT maker, Pretoria Portland Cement (PPC), says extended kiln shutdown in the first half of its 2023 financial year, restricted clinker production and cement volumes uptake. The kiln…
Call for full dollarisation misplaced
Business Writer The slump in aggregate demand and now in production that local retailers and manufacturers are reporting, is testimony that calls for full dollarisation of the economy are misplaced,…









