The reversal in expected credit losses was ZWL$906 million for the period under review. Deposits and other liabilities grew by 109% from December 2022 levels.

Based on the CZI model, the ZWL$ month-on-month inflation rate for August 2023 was about -8%.

“Regionally, the relationships are not too bad and we can do so much to trade with one another and support one another economically.

Ncube added that a lot needed to be done in the insurance industry at national, regional and global levels on the issue of financial industry.

During the period under review, sales volumes of granulated sugar produced by Goldstar Sugars were stagnant, having been 82 500 tonnes sold in the prior year to 82 321 tonnes.

Animal husbandry refers to livestock raising and selective breeding for profit, an enterprise which many farmers in Zimbabwe relies on for sustenance and livelihoods.

Manungo encouraged companies to work closely with Zida on getting projects to the approval stage to develop and package identified investment opportunities.

This helped spur profit after tax for the period under review to ZWL$236,43 billion as at June 30, 2023, from a comparative of ZWL$7,7 billion last year.

Nec is a national employment code of conduct which provides for the termination of a contract of employment for disciplinary reasons.

Mupanduki said during the period under review, the company struggled to access funding from approved facilities with funding starting to unlock as the season progressed.

Chairperson Marc Holtzman said the group was making inroads into the renewable energy sector and was mobilising resources to support clients in that sector.

However, this increase caused the firm to report a loss of ZWL$9,3 billion at the end of June.

In line with the National Development Strategy 1, Soda said the government's thrust was to ensure mineral beneficiation and value addition to achieve the country’s Vision 2030.