21.6 C
Harare
Monday, June 14, 2021
Zimbabwe’s fuel imports up 23% in Q1 2021 from the last quarter of 2020March trade data shows that fuel remained biggest driver of importsEarlier this week, oil prices rose to an eight-week high HARARE – Zimbabwe’s petrol and diesel imports at US$29 million...
Cumulative 9 months volumes up 37%Growth margins narrowing on a quarterly basisOperation’s outlook solid, analysts contend HARARE- Leading FMCG Probrands is trading impressively ahead of the prior year, Innscor, has revealed. Probrands, which has emerged strongly as a market leader in most of...
Cumulative 9 months volumes up 14%Maize volumes down 31%Other segments’ collective growth came in at 47% Quarterly performance numbers released by Innscor shows that volumes growth at its associate National Foods slowed down in the third quarter period (Q3:21) which is a period between...
Further delays pushes results publication to 2 months beyond regulated timeframeCites the need to regularize financials with a view to increase transparency on sources of fundingYear-end results now expected by the end of May HARARE- Listed life assurer, Fidelity Life has issued a...
The US proposes a 21% global minimum corporate tax rate among major economiesThis would avert global 30-year race to the bottom and reduce base erosion and profit shiftingThe tax reform threatens individual country sovereignty Harare: Since he assumed power in January 2021 after...
Dairibord seeks to merger with DendairyThe 2 are leading dairy producers in ZimbabweDendairy still embroiled in Chilonga saga JOHANSBURG The country’s leading dairy producer Dairibord said its discussion with Dendairy is still ongoing, according to an extended cautionary statement published on Thursday .The discussions...
Gombera led Afdis over an 8 year periodHe oversaw the commissioning of a $5 million plantDuring his tenure Delta increased its shareholding in Afdis Johansburg: Spirits, ciders and wines maker African Distillers, which is also involved in the distribution and marketing of third-party alcoholic...
Fall to ZWL$83.9827 against US$1A total of US$37.14 million was allotted this week, up from US$35.11mMthuli Ncube dismisses allegations the forex auction rate is rigged HARARE -  The Zimbabwe dollar is showing signs of distress as it extends its falling streak against the...
Harare - After two consecutive years of inconsistent policies, a volatile currency, droughts, and skyrocketing prices, it turns out that authorities are on course to strike the right chord and bring back sanity in the market. Animal spirits which are key for economic recovery are starting...
Purpose is for funding of government programmes and cash-flow managementOffer opens and closes on Monday 8 March 2021Has a 270-day tenure The offer for the debt instrument comes at a time the cash-strapped government is faced with a mammoth task to secure enough...