12.8 C
Harare
Saturday, April 17, 2021
A cynic is a person who, when he or she sees flowers, he or she thinks only of a funeral instead of romance or love. With a lot going on in our country, any mention of positive developments can be drained by cynics who do not...
Production grew by 3%Sales volumes were down due to suppressed demand in HY2020Company remains under judicial management Harare- Border Timbers’ lumber production in the nine months to 31 March 2020 grew from prior comparable period, after the Company has been recording declines in...
Month on month inflation rate in May was 15.13%Zimbabwe’s inflation is the highest in AfricaDriving the inflation rate is a plummeting exchange rate Zimbabwe’s unbridled inflation continues to sky-rocket on hitting 785.55% in May, the latest data released by ZIMSTAT reveals. Zimbabwe is...
FY cigarette volumes to be ahead of industry volumesCorporate value share to be up 20bps YTDStrategic brands to be up 30bps YTD in volume share Harare – London domiciled cigarette manufacturer British American Tobacco (BAT) which is parent to BAT Zimbabwe, listed on...
Companies now have to deal with a double-edged impact of an already dire economic conditions in a hyperinflationary environment and now the implacable financial and economic impacts of COVID-19Proplastics and Unifreight announce delay in annual financial results publication citing the impact of COVID-19Other companies already forecast missed...
Global economy to contract -3% due to COVID-19Global growth expected to grow by 5.8% in 2021Urges Multilateral cooperation to vulnerable countriesIMF skips Zimbabwe in debt relief Harare - The coronavirus has left the global economy with little to no hope as the severity...
Zim has only tested 400 people so farSocial distancing “unrealistic” in South SudanZim’s economy fragile, hunger imminentAfrica ill-equipped to fight the pandemic The United Nations in a Wednesday publication indicated that Zimbabwe and South Sudan are the most vulnerable countries in Africa to...
Coronvirus panic buying is global phenomena Zimbabweans are anticipating lockdown The country ill prepared for a lock-down Zimbabweans are slowly embracing the reality of coronavirus possibly hitting the country and against this expectations, hoarding of groceries...
As the economy plunges into misery, Zimbabwe’s largest  Internet Service Provider (ISP), Liquid Telecoms has offered the local careworn business fraternity “temporary relief.” Liquid is set to roll out a relief initiative of providing 20%-50% additional bandwidth with speeds of up to fifty percent faster....
The market traded off record highs with heavies leading the retreat Despite the softening indices, ZSE is the best performing bourse in the region Further weakness in exchange rate likely to cut short the selloff The local...