FINANCIAL SERVICES

Zimbabwe's outlook remains bleak - Stanbic

STANBIC Bank Zimbabwe reported a 42% increase in after-tax profit to US$39,15 million in the year to December 2018, but the bank has warned that growth prospects for 2019 remain weak.In a statement ac...

By Staff reporter | Published: 30 April 2019

BUSINESS NEWS

URL listing to depend on economy outlook, says Moyo

A PLANNED initial public offering of United Refineries Ltd (URL) will depend on the economic climate, CE Busisa Moyo says.URL this year moved to strengthen its balance sheet by inviting pension funds ...

By Staff reporter | Published: 07 December 2018

ZIMBABWE

Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices higher as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit.Stockbrokers and investment analy...

By Staff reporter | Published: 14 September 2018

ZIMBABWE

Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit. Stockbrokers and investment analysts sa...

By Staff reporter | Published: 07 September 2018

INDUSTRIALS & ENERGY

A positive outlook for Delta Corporation

Delta Corporation's net earnings are expected to jump 16 percent to $103 million in the financial year 2019 on anticipated volume growth, despite competition from Pepsi, which is likely to cut the gro...

By Staff reporter | Published: 18 May 2018

BUSINESS NEWS

Rosy outlook for Mugabe firm

While former President Robert Mugabe might have been ousted from power, his dairy firm is flourishing behind the scenes, recording an increase in capacity utilisation.Mugabe, the only leader Zimbabwe ...

By Staff reporter | Published: 03 May 2018

BUSINESS NEWS

Gloomy outlook for Zimbabwe workers

ZIMBABWEAN workers celebrated Workers' Day yesterday amid a gloomy outlook, as working conditions have deteriorated into the new dispensation.Labour body, Zimbabwe Congress of Trade Unions (ZCTU) and ...

By Staff reporter | Published: 02 May 2018

CONSTRUCTION & PROPERTY

Masimba projects cautious outlook

LISTED construction company Masimba Holdings has projected a cautious outlook for its operaions in this year on account of persistent foreign currency constraints that are hampering most business oper...

By Staff reporter | Published: 03 April 2018

BUSINESS NEWS

Zimbabwe 2017 Review and 2018 Outlook

Zimbabwe entered a new chapter in November 2017, following the resignation of Robert Mugabe, and his replacement with Emmerson Mnangagwa. The President in his inaugural speech pledged to 'hit the grou...

By Imara Zim Research | Published: 26 January 2018

BUSINESS NEWS

CZI postpones economic outlook symposium

THE Confederation of Zimbabwe Industries (CZI) has postponed its economic outlook symposium that was scheduled for this week to next week in order to accommodate some officials attending the World Eco...

By Staff reporter | Published: 26 January 2018

MINING & RETAIL

Mining sector bullish about outlook

Zimbabwe's capital intensive mining sector is bullish about the outlook with the projected overall Mining Business Confidence Index (MBCI) at 21,6 in 2018 from -6,6 this year on the back of the new po...

By Staff reporter | Published: 13 December 2017

FINANCIAL SERVICES

GetBucks bullish about outlook

FINTECH microfinance institution, GetBucks says there are signs of confidence restoration as the bank has started receiving both local and diaspora deposits following the ushering in of a new dispensa...

By Staff reporter | Published: 30 November 2017

OPINION

Zimbabwe outlook bleak despite projected growth

The presentation by Finance minister Patrick Chinamasa on July 20 was unique in that it was not a mid-term fiscal policy review, but rather a review of the 2016 fiscal year, combined with the outlook ...

By Daniel Ngwira | Published: 28 July 2017

ECONOMC INDICATORS

Zimbabwe annual budget review and outlook

The Zimbabwean economy is expected to register significant growth of 3.7% this year, underpinned by strong performance in agriculture of 21.3%, mining 5.1% and electricity and water 2.5%, Finance a...

By Staff reporter | Published: 20 July 2017

INDUSTRIALS & ENERGY

starafrica in positive outlook

THE Joe Mutizwa-led board of starafricacorporation (starafrica) appears to be finally turning the corner in its quest to transform the fortunes of the beleaguered business, which has reported signific...

By Staff reporter | Published: 06 July 2017

ECONOMC INDICATORS

'Gloomy Zimbabwe economic outlook to persist'

Prospects of Zimbabwe's economic revival remain gloomy with developments indicating a tough time ahead, economic analysts say.Among the challenges, the economists say the country faces a widening trad...

By Staff reporter | Published: 13 March 2014

FINANCIAL SERVICES

Zim macroeconomic report 2013 review and 2014 outlook

Imara Edwards Securities released its Zimbabwe macroeconomic report 2013 review and 2014 outlook.A sweet spot for the ZSE in 2013After a largely indifferent year in 2012 the ZSE industrial index repor...

By Imara | Published: 28 January 2014

ZSE TODAY

ZSE shares maintain negative outlook

ZSE shares lost further ground on Wednesday with heavyweights Delta and Innscor trading weak as 10 counters ended in the red while just 5 managed gains on the day.There was just one reasonable buyer i...

By Staff reporter | Published: 22 January 2014

BUSINESS NEWS

Gloomy outlook for ailing firms

BULAWAYO ailing firms going on annual shutdown facing economic challenges are likely not to re-open next year, economic commentators said yesterday.Traditionally, companies go on annual shutdown a wee...

By Business Reporter | Published: 10 December 2013
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