Search results for 'Formal Sector'
Companies
Price Controls Squeeze Meikles Retail Sells: As Consumers Flock to Informal Market
Food security is a critical component of a stable currency and economy. Everyone in a society must spend money on food, regardless of their income level. In an inflationary environment like Zimbabwe,
Jun 24, 2024
Companies
Willdale Grapples with Depressed Q3 Performance Amid Load-Shedding, Fierce Competition
Leading bricks manufacturer, Willdale Limited Zimbabwe, has posted a depressed Q3 performance for the third quarter ended 30 June 2024, owing to intensive load-shedding and low working capital. The c
Aug 14, 2024
Zimbabwe
Tax Net Widens: 2025 Budget Introduces New Levies on Sports Betting, Informal Traders, Fast Foods and More
As the government grapples with the challenge of raising capital amid significant debt levels that hinder access to credit and strained diplomatic relations with Western nations, it has shifted its fo
Nov 29, 2024
Zimbabwe
Triangle Limited Embarks on Mass Retrenchment as Government Policies Suffocate Formal Sector
Triangle Limited, a leading sugar manufacturer in Zimbabwe, has embarked on a strategic phased retrenchment initiative aimed at alleviating rising operational expenditures and reinstating profitabilit
Jan 15, 2025
Zimbabwe
Formalizing the Fringes: Can National Venture Capital Company of Zimbabwe Unlock Informal Sector Growth?
The Ministry of Finance in Zimbabwe has unveiled the National Venture Capital Company of Zimbabwe (NVCCZ), an ambitious initiative aimed at catalysing economic expansion through the provision of equit
Jan 17, 2025
Companies
The Retail Apocalypse: CZR Pleads for President Mnangagwa's Intervention ‘as Authorities Continue Presenting Misleading Picture of Operational Landscape’
The Confederation of Zimbabwe Retailers (CZR) has formally solicited the intervention of President Emmerson Mnangagwa to salvage the remaining components of the structured retail and wholesale sector
Jan 27, 2025
Top Stories
ZECO’s Occupancy Rate Slumps to 47% in Q1: Anticipates Recovery Just Like All Laggards
Zeco Holdings, a perennial loss maker has seen yet another sluggish start to FY2025 with occupancy rate declining, despite a shift to real estate in 2022. Despite the sector offering solace to investo
11 hours agoZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones
ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi
1 day ago