Withdraw bond notes from the market — Delta
DELTA Beverages says government must urgently clarify issues pertaining to the Reserve Bank of Zimbabwe’s (RBZ) directive to create nostro foreign currency…
Business
Stock valuations skyrocket
STOCK valuations are at historic highs, thanks to the devaluation of the local currency with some counters commanding price-to-earnings (P/E) ratios as high as…
OK Zim earnings per share surge
OK Zimbabwe reported a 61% earnings per share (EPS) jump in the first half of the year to September 2018.
Vic Falls gets new US$800-a-night hotel
The list of luxury boutique hotels in Victoria Falls continues to grow with another addition scheduled to open its doors in the prime resort in May next year.
Delta shuns parallel market trading
DELTA Beverages says it is working on preserving US$350 million excess cash on its books and investing in profitable projects, but will resist the temptation…
Exporters remain top priority for the country
THE Reserve Bank of Zimbabwe (RBZ) has since last year availed US$50 million to trade financing as the country moves to redress the widening current account…
Economic crisis reduces insurance penetration
THE current economic woes bedevilling the country continue to weigh down on insurance penetration, with players in the market crowding out the brokers,…
Labour flexibility could worsen poverty levels
CALLS for labour market flexibility in Zimbabwe could worsen the levels of poverty in a country already hard hit by a deepening economic crisis, a report has…
Mineworkers demand wages in hard currency
MINEWORKERS are demanding that they be paid poverty datum line-based salaries denominated in foreign currency as the minimum wage in 2019, businessdigest has…
High country risk worrying: Ncube
ZIMBABWE’S high country risk profile is hampering local banks’ ability to access cheap lines of credit from foreign banks, as well as efforts to strengthen…
