daniel chigunwe
- businessweekly
- November 11, 2024
- 106 views
Mixed half year performance for Edgars amid economic challenges
Business Writer Edgars Stores Limited, a leading retailer in Zimbabwe, has announced mixed financial results for the 26 weeks ended July 7, 2024. Operating in a challenging economic environment, the…
- businessweekly
- November 8, 2024
- 166 views
ZiG rebounds: Central bank allows greater exchange rate flexibility
Business Writer The country’s local currency, the Zimbabwe Gold (ZiG), completed a week of strengthening with the central bank saying it has allowed “greater flexibility” in the exchange rate. The…
- businessweekly
- November 8, 2024
- 164 views
ZIMRA conducts compliance checks among businesses
Business Writer The Zimbabwe Revenue Authority (ZIMRA) will be conducting visits to assess tax compliance across all tax heads at a time when revenue to the treasury is falling short…
- businessweekly
- November 8, 2024
- 105 views
High economic growth driving imports, Mthuli
Nqobile Bhebhe FINANCE, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, believes the current economic growth has resulted in increased demand for imports of key raw materials, fuel and…
- businessweekly
- November 8, 2024
- 139 views
RBZ, Finance Minister paint positive picture of Zimbabwe’s economy
Business Writer The Zimbabwe economy is on a positive growth trajectory as evidenced by robust foreign currency inflows and a projected current account surplus, statistics shared by both the Reserve…
- businessweekly
- November 8, 2024
- 111 views
ZSE market cap sees an uplift year to date: IH Securities
Business Writer The Zimbabwe Stock Exchange (ZSE) has seen an uplift in market capitalisation year to date (YTD) of 78.41 percent in real terms to US$2.61 billion, making it one…
- businessweekly
- November 8, 2024
- 97 views
Exchange rate disparity, VAT evasion squeeze Zimbabwe manufacturers
Martin Kadzere Zimbabwe’s manufacturing firms are facing increasing pressure from unscrupulous grocery dealers who are reportedly taking advantage of the exchange rate disparity by buying products from formal retailers at…
- businessweekly
- November 8, 2024
- 91 views
ZSE reverses gains on Thursday as Top 10 falters
Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) witnessed a slight downturn as the All Share Index dropped by 1.43 points, or 0.51 percent, to settle at 279.29 points. Several stocks…
- businessweekly
- November 8, 2024
- 165 views
Land reform: think tank raises questions
Business Writer WHILE the Government has taken plausible measures to address limitations in the existing resettlement land titles, analysts have raised questions on some of the recent pronouncements, pointing out…
- businessweekly
- November 8, 2024
- 131 views
Stronger ZiG a sign of normal movements
The rather surprising strengthening of the ZiG this week, with the mid-rate on Wednesday being 9.3 percent above the mid-rate on Friday last week, when it was at its weakest…