Proplastics turns to internal reserves... as official forex market struggles to meet demand
Since re-introducing the local currency in 2019 after initially abandoning it in 2009, the Zimbabwe dollar has been in turmoil.
By Tafadzwa Mhlanga
Mar. 28, 2024
Microfinance players urged to be innovative
The microfinance sector, like the rest of the financial services sector, has also been victim to policy inconsistencies especially around currency resulting in massive loss of value.
By Melody Chikono
Feb. 28, 2024
Hippo Valley to exhaust available borrowing facilities for capital
The firm added: “The company will also leverage on available borrowing facilities up to the end of the financial year to cushion its working capital in light of off-crop requirements.”
By Tafadzwa Mhlanga
Feb. 19, 2024
Power cuts slash Willdale production
In a trading update for the quarter under review, the brick maker said load shedding also resulted in sales volumes dropping by 9% compared to prior year.
By Mthandazo Nyoni
Feb. 16, 2024
Candid Comment: Structured currency: Will it save the Zimdollar?
Some believe he was talking about providing structure to the local currency through changes to the foreign exchange policy, inflation targets, or interest rate modifications.
By Mthandazo Nyoni
Feb. 9, 2024
Councillors plead for forex to improve service delivery
Bulawayo ward 22 councillor Meli Bruce Moyo, however, said this was unsustainable when the local currency was fast losing value.
By Jerssie Mpofu
Feb. 4, 2024
TSL lines up several investments
Revaluation of certain assets led to total assets of ZWL$441,8 billion, from the comparative of ZWL218,08 billion.
By Belinda Chiroodza
Feb. 2, 2024
Pension industry forex-denominated assets surge
This was driven by the major asset classes of equities, money market investments and prescribed assets.
By Melody Chikono
Jan. 15, 2024
Exploring entrepreneurial strategy realism
Developing business assumptions such as those to do with currency reforms, inflation rate and extent of brain drain.
By Farai Chigora
Jan. 14, 2024