Gold gets bounce from Moody’s US downgrade
Gold bounced back after its biggest weekly decline in six months, with appetite for haven assets boosted by mounting concerns about the US economic outlook and budget deficit.
FCB posts US$23m 2024 after tax profit
FIRST Capital Bank Zimbabwe (FCB) recorded US$23 million profit after tax (PAT) for the year to December 2024, as the group continues to consolidate its market position through innovation and a commitment to sustainable growth.
Students dive into virtual trading in Capital Markets Quiz
Forty secondary and high schools are set to participate in a simulated virtual trading competition over the next two months as a key element of the Capital Markets – High Schools Quiz Competition.
Strategic fuel levy hike hailed
THE National Competitiveness Commission of Zimbabwe (NCC) has hailed the Government’s recent decision to raise the Strategic Fuel Levy, in a development expected to stabilise supply and prices.
Turnall resizes operations
Nqobile Bhebhe, Business Hub Turnall Holdings Limited (Turnall) has announced that it is actively resizing its operations in a strategic effort to reduce costs, enhance profitability, and boost cash generation.…
Local car assembly drive to plug US$664 million import leak
GOVERNMENT is moving with speed to ensure the local automotive industry roars back to life, with plans underway to start assembling vehicles locally.
Steel marker Disco starts exports to SA
DINSON Iron and Steel Company (DISCO), a major player in Zimbabwe’s re-emerging steel industry, has commenced exports to South Africa.
VFEX registers first REIT listing
Rutendo Nyeve, Victoria Falls Bureau THE Eagle Real Estate Investment Trust (REIT) has become the first REIT listing on the Victoria Falls Stock Exchange (VFEX), a development that is set…
Defaulting employers, Ipec agree on arrears clearing plans
Tawanda Musarurwa recently in VICTORIA FALLS THE Insurance and Pensions Commission (Ipec) has agreed on payment plans with defaulting employers over pension contribution arrears. Speaking at the Zimbabwe Association of…
BETA Holdings pursues new capital raising options
Martin Kadzere, Zimpapers Business Hub BETA Holdings, a Zimbabwean brick maker under corporate rescue, is actively exploring alternative strategies to resume production, including order financing and toll manufacturing for contractors.…











