BUSINESS NEWS
Monthly turnover for February on the Zimbabwe Stock Exchange more than doubled to $24 billion from $11 billion in January 2023 despite two firms,...
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BUSINESS NEWS
Zimbabwe’s raw milk production increased by 10,13 percent in January 2023 to 8,14 million litres compared to 7,39 million litres achieved in the same...
BUSINESS NEWS
During the latter part of 2022, the country’s two largest supermarket groups – Shoprite and Pick n Pay – spent a combined R906 million...
BUSINESS NEWS
Asian equities tumbled, Treasury yields pushed higher and the dollar extended gains as hawkish rhetoric from Federal Reserve Chair Jerome Powell hurt global appetite...
BUSINESS NEWS
Fastjet receives new aircraft for domestic flights. The Embraer 120 aircraft will be used to operate domestic flights from Harare to Kariba and Hwange...
BUSINESS NEWS
Fresh details on BancABC boss drama resignation. Former BancABC Zimbabwe managing director Lance Mambondiani allegedly violated policies relating to the procurement of vendors where...
BUSINESS NEWS
ZESA increases electricity tariffs with immediate effective. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased electricity tariffs with effect from 1 March...
BUSINESS NEWS
ZACC arrests NSSA acting CEO Charles Shava. Shava allegedly altered a board resolution that had rejected the proposed allowances for four NSSA doctors. The...
BUSINESS NEWS
After going negative earlier in the day, the biggest cryptocurrency by market value increased by as high as 3,2 percent to US$22 323 during...
BUSINESS NEWS
Capital gains tax (CGT) is a tax assessed on the capital gain resulting from the sale of a particular asset, as per the Capital...