Zimbabwe’s trade deficit for August declines 27pc

Oliver Kazunga Senior Business Writer ZIMBABWE’S trade deficit declined by 27,7 percent to US$198,7 million in August this year from the previous month’s rate of US$274,9 million, official data show.…

Zinara adjusts vehicle licence fees

Business Writer The Zimbabwe National Road Administration (Zinara) has reviewed vehicle licence registration fees in Zimbabwe Gold (ZiG) with effect from Friday (27 September) following the devaluation of the local…

Government employs measures to protect citizens, President Mnangagwa

Business Writer Government is employing corrective measures to protect citizens from economic disruptions induced by the resurgence of parallel market activities, President Mnangagwa has said. In his State of the…

RBZ, BAZ in talks over new policy measures

Business Writer The Bankers Association of Zimbabwe (BAZ) held a high-level meeting with the Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu on Tuesday to discuss critical policy measures…

Masiyiwa awarded Harvard’s highest honour

Own Correspondent Strive Masiyiwa, the visionary entrepreneur and founder of the Econet Group, has been honoured by Harvard University for his extraordinary contributions to African and African American history and…

Artists set to learn business ropes through Stanbic Jacaranda business conference

Business Writer Established and upcoming artists are set to learn business and networking ropes during the well-structured two-day Stanbic Bank Jacaranda Business Conference that precedes the bank’s Jacaranda Music Festival…

ZHL’s regional expansion pays dividends

Business Writer Zimre Holdings Limited insurance contract revenue for the half year to June 30, 2024 surged 63 percent to US$31,6 million from US$19,3 million in June 2023 largely driven…

Unifreight expands cross-border fleet despite challenges

Business Writer Logistics company, Unifreight, is on track to meet its 2024 target of operating 100 cross-border assets, according to its half-year results for the period ending June 30, 2024.…

Padenga’s strategic shift pays off, diversification boosts profits

Business Reporter Padenga Holdings Limited has continued its impressive journey of diversification, demonstrating remarkable resilience and adaptability in a challenging operating environment. The company’s interim financial results for the six…

USD business stimulates Fidelity growth

Business Writer Fidelity Life Assurance (FLA) says insurance contract revenue rose 277 percent to US$8,2 million in the interim period to June 30, 2024 compared to US$2,2 million in the…

×