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- businessweekly
- December 8, 2022
- 62 views
FML defer AGM amid regulator probe
Enacy Mapakame Listed insurance giant, First Mutual Holdings Limited (FMHL) deferred holding of its annual general meeting (AGM) due to an Insurance and Pensions Commission (IPEC) probe into one of…
- businessweekly
- December 8, 2022
- 69 views
Adult local remittances drop drastically: Report
Business Writer Remittances have dropped over the years, from 58 percent of adults remitting in 2014 to 38 percent in 2022, says the Reserve Bank of Zimbabwe (RBZ). RBZ’s 2022…
- businessweekly
- December 8, 2022
- 76 views
Nedbank still seeing ‘pent-up demand’ for credit
Moneyweb Interest income has remained robust for the 10-month period through to the end of October 2022, Nedbank noted in an investor update on Monday. This it said moved in…
- businessweekly
- December 8, 2022
- 73 views
Ramaphosa’s fight for survival roils SA debt markets
Bloomberg An ongoing scandal that’s embroiled South African President Cyril Ramaphosa is taking its toll on the bond market. The government offered to sell R3.9 billion of securities at its…
- businessweekly
- December 8, 2022
- 53 views
China announces nationwide loosening of Covid restrictions
AFP China announced Wednesday a nationwide loosening of Covid restrictions following protests against the hardline strategy that grew into calls for greater political freedoms. Anger over China’s zero-Covid policy –…
- businessweekly
- December 8, 2022
- 61 views
SA needs to get back to basics
Fin24 South Africa is facing a political crisis with “dysfunctional, weak and retreating state institutions”, and simultaneously focusing on fixing them while combatting corruption is the only way forward, according…
- businessweekly
- December 7, 2022
- 90 views
Unlicensed tobacco contractors distributing inputs to farmers behind TIMB’s back
Business Writer A potentially massive scandal is unfolding in Zimbabwe’s tobacco sector as some tobacco contractors suspended by their regulator – the Tobacco Industry and Marketing Board (TIMB) – are…
- businessweekly
- December 7, 2022
- 75 views
ZSE snaps winning run, loses 0,45pc
Business Writer The Zimbabwe Stock Exchange closed in the red zone as investors profited from recent gains. The market rerouted south amid concerns of depressed activity on the local bourse…
- businessweekly
- December 7, 2022
- 77 views
Axia to migrate to Vic Falls Stock Exchange
Enacy Mapakame Specialty retail and distribution company, Axia Corporation Limited, is set to migrate to the Victoria Falls Stock Exchange (VFEX) as more businesses set sights on the USD-denominated exchange.…
- businessweekly
- December 7, 2022
- 91 views
CBZ to delist First Mutual from ZSE
CBZ Holdings, which has agreed to buy a significant stake in First Mutual Holdings, says it will offer to buy out minority shareholders once it gets a controlling stake. CBZ…