he central business area (CBD) of Harare is losing businesses due to high rents, parking fees, and the bad condition of several buildings. As a result, many small and medium-sized businesses are now o
Mar 21, 2023
Zimbabwe Stock Exchange-listed financial outfit, ZB Financial Holdings (ZBFH) has increased its investment portfolio by increasing its stake in ZSE-listed Mashonaland Holdings. ZBFH says it now holds
The diversified retailer listed on the US dollar denominated bourse Victoria Falls Stock Exchange, Axia Corporation Limited has succumbed to delayed disbursement of foreign currency on the auction ma
The startup utilises a double revenue model based on an initial tag sale of US$2 and a modest annual subscription fee of US$1 for the core system from the start of year two. This model may vary by geo
Harare - FIRST Capital Bank Limited has announced plans to delist from the Zimbabwe Stock Exchange with the intention to list at the Victoria Falls Stock Exchange (VFEX). The recent removal of the 100
CFI withdrew the Annual General Meeting (AGM) notice issued on the 9th of March, 2023, and pushed the event to a further date at the same venue. The company’s 27th AGM will now be held on Friday, the
To attract cell manufacturers, the government should establish a fast-track process for permitting and land leasing; make loans, grants, and guarantees to overcome capital limitations; and encourage a
The Confederation of Zimbabwe Industries (CZI) has suggested that US dollar electricity billing should be adjusted according to the ratio of foreign currency sales, as businesses have different mixes
Africa is home to 30% of the world’s mineral reserves and holds 40% of the world’s gold and at least 90% of its chromium and platinum. It also has the largest reserves of cobalt, platinum, uranium and
China the world’s second-largest economy recorded one of its worst years in nearly half a century in 2022 due to strict Covid-19-induced lockdowns and subsequent widespread infections in most Chinese
We might utilize augmented reality (AR), as used by Walmart, to visualize how garments would fit on our own bodies, or we might use virtual changing rooms to customize avatars of ourselves, as already
Multichoice, which last week announced a major deal with NBC Universal and Sky relating to its streaming business, Showmax, has painted a gloomy outlook for the 2023 financial year
Mosi Oa Tunya Cigars is the country's first homegrown brand of hand-rolled cigars. To develop a foothold in the upscale cigar market, Bongani Cigars, another recent entry from the region, will have to
CFI issued a notice to shareholders and other relevant stakeholders with regards to the 27th Annual General Meeting (AGM) of the Company. The AGM will be held at 11:00 am on Friday the 31st of March,
The Competition and Tariff Commission (CTC) reported an impressive 24 merger deals worth a total of US$1 billion in 2022, directly attributing the figure to the government's policies that encouraged a
Axia Corporation Limited debugged on the Victoria Falls Stock Exchange (VFEX) on Monday, the 6th of March, 2023. This follows the delisting of the counter from the Zimbabwe Stock Exchange (ZSE) on the
The Russian government has donated 20,000 tons of fertilizer to Malawi as part of its efforts to garner diplomatic support from various African nations. Malawi voted to censure Russia at the United N
Contrary to popular belief, debts are not necessarily bad for a business and help it grow more quickly. Debts are also a more economical and effective approach to finance a firm when it needs money to
Powerspeed Electrical Limited has gazetted its group’s first quarter trading results for the period ended 31 December 2022. Although the group was delisted from the Zimbabwe Stock Exchange (ZSE) on 18
