AfriSun slumps to $1.5 bln loss in FY20
Tourism and hospitality group, African Sun Limited (AfriSun) slumped to an inflation adjusted loss of $1.5 billion for the year ended December 2020 as the group took a hit from effects of the…
Local equity markets show mixed performance amid global challenges
Tapiwanashe Mangwiro Tuesday trading on Zimbabwe’s stock exchanges reflected a blend of gains and losses, highlighting the complex dynamics shaping investor sentiment. On the Zimbabwe Stock Exchange (ZSE), the All…
The West must treat Africa as an equal partner
Timothy Pemba As Donald Trump assumes office once again, a new chapter in global geopolitics begins, presenting both challenges and opportunities for Zimbabwe and Africa as a whole. While the…
Equity markets remain subdued at the beginning of the new week
Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) ended the week on a subdued note, with the All-Share Index declining by 0,67 percent to close at 206.53 points. Market capitalisation fell…
Equity markets remain subdued at the beginning of the new week
Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) ended the week on a subdued note, with the All-Share Index declining by 0,67 percent to close at 206.53 points. Market capitalisation fell…
Premier seeks to raise money to pay for statutory requirements
Business Writer PREMIER Africa Minerals, which owns the Zulu Lithium and tantalum project requires about US$1,6 million for various activities including part payment to the Government on deferred Value Added…
Zimpapers makes key senior executive appointments
Business Writer The Zimpapers board has announced the departure of chief executive officer, Pikirayi Deketeke, the chief finance officer, Farai Matanhire, and the chief marketing officer, Tapuwa Mandimutsira following the…
ZSE, VFEX mirror liquidity problems in the economy
Tapiwanashe Mangwiro Zimbabwe’s economy is grappling with a severe liquidity crunch, as banks tighten access to funds and reduce lending activity. This has had a pronounced impact on the country’s…
Business expresses frustration over ZIMRA tax demands … as Mthuli calls for dialogue between parties
Martin Kadzere Several local businesses — both private and public — have expressed frustration over the Zimbabwe Revenue Authority’s (ZIMRA) insistence on tax payments despite the significant challenges they face…
Liquidity allocation at fault rather than short
Last Word There are rumbling complaints in the business world over what is seen as tight liquidity and the determination of the Reserve Bank of Zimbabwe, with Government backing and…


