Prospect clinches US$10m funding
CBZ Bank Ltd has availed a US$10 million export finance facility to lithium miner Prospect Resources under a Reserve Bank of Zimbabwe (RBZ) arrangement.
Business
FMHL to set up reinsurance holding firm in Botswana
ZIMBABWE Stock Exchange-listed First Mutual Holdings Limited (FMHL) will establish a reinsurance holding company in Botswana as it moves to restructure its…
IDC drops Grain Bag
The Industrial Development Corporation of Zimbabwe (IDC) will seek shareholder approval to dispose of its entire equity stake in its subsidiary, Zimbabwe Grain…
Business, labour meet to tackle economic crunch
By Kudzai Kuwaza BUSINESS and labour met in Masvingo last week to find ways to improve productivity and competitiveness. This comes at a time the country’s…
Inflationary outlook to spur stocks rally
Inflationary pressures are seen pushing stock prices higher as investors rush to preserve value in the face of a weakening local currency and a widening trade…
‘Positive signals on tourism tax cuts’
The ministries of Tourism and Finance have agreed on the prices of certain products in the tourism sector, which have been obstacles to its operations,…
IDC to dispose Chemplex stake
THE Industrial Development Corporation (IDC) has enlisted Ernst & Young Advisory Services (EY) to facilitate the disposal or dilution of its stake in…
Zim broad money supply shoots up
THE country’s broad money supply increased in the month of May to US$8,55 billion up from US$8,117 billion in April.
ZSE commences survey on listing requirements
THE Zimbabwe Stock Exchange (ZSE) has now commenced consultations with key stakeholders on Special Securities Listings Requirements with the final draft…
Ipec pushes to harmonise insurance legislation
THE Insurance and Pensions Commission (Ipec) says it will push for three Bills to be passed by the incoming parliament as it seeks to harmonise national laws…
