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...
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 ...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...