Search results for 'informal trade'
Zimbabwe
Zimbabwe Limits Forex Withdrawals Abroad to US$2k: What it Means, Implications
The Reserve Bank has taken decisive action to curb capital flight and stabilize the formal economy by reducing the amount of foreign currency individuals can take out of the country from US$10,000 to
Sep 30, 2024
Companies
CHECKMATE: Choppies Checkmated by Informal Traders ,Sells Zimbabwe Operations to Sai Mart
Choppies has sold its operations to Sai Mart effective 1 January 2025 due to struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai
Jan 03, 2025
Top Stories
Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery
Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions
8 hours agoPPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board
Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa
8 hours ago
