BAT Zimbabwe aims for long-term sustainability

Business Writer  BAT Zimbabwe says it continues to review its business model to ensure long-term sustainability in an environment characterised by macroeconomic turbulence. In a trading update to September 30,…

Market closes October in the red, as currency volatility bites

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) All Share Index closed lower, losing 3.20 points or 1.09 percent to settle at 289.12 points. This drop was driven by declines in…

Zim tax dragnet fails to capture informal sector

Martin Kadzere Zimbabwe’s efforts to harness tax from the informal sector may be encountering significant challenges, after the Treasury managed to collect a mere 3 percent of its target during…

COP29: Climate finance takes centre stage

Recent climate catastrophes have raised the bar for securing funding to address global warming. At COP29, climate finance will be a focus. At last year’s COP28 conference in Dubai, the…

Zimplow: A true example of an asset play. Should you buy?

Sylvester Mupanduki The company’s property portfolio is valued at $7,5 million, which accounts for 50 percent of its property, plant, and equipment (PPE) as of June 30, 2024. Currently, the…

RBZ holds inflation projections steady, but analysts defy

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe (RBZ) has come under scrutiny over its inflation projections, with the apex bank insisting the monthly inflation rate, which soared to 37,2 percent…

Seasonal spring foods to stock up on

Ask a chef which season they look forward to the most and nine times out of ten they will say spring, with joy and excitement. After the long cold winter,…

African Sun to dispose of iconic Monomotapa Hotel

Oliver Kazunga Senior Business Reporter Zimbabwe Stock Exchange (ZSE) listed hospitality group African Sun Limited plans to dispose of one of its key properties, Monomotapa Hotel Crowne Plaza in Harare…

Heat-related deaths, diseases rising

Climate change is raising temperatures to dangerous levels, causing more deaths and the spread of infectious diseases, while worsening drought and food security, a new report by health experts has…

Power challenges choke key sectors of economy

Nelson Gahadza The mining industry says it is losing up to 10 percent of potential output due to power outages, while manufacturers say it is just yet another squeeze on…

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