Mthandazo Nyoni
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Technology reduces cost-income ratios
Agrippa Mugwagwa — the managing director of Xarani Private Limited, an FBC Holdings subsidiary — said technology was the future.
By Mthandazo Nyoni
Aug. 30, 2022
DPC pays out $139 million
The six failed financial institutions were Royal Bank, Trust Banking Corporation, Afrasia, Interfin Banking Corporation, Allied Bank and Genesis Investment Bank.
By Mthandazo Nyoni
Aug. 31, 2022
Digital platforms transfer ZW$8tn
Mutepfa said women's financial inclusion moved from 68% in 2014 to 83% in 2022.
By Mthandazo Nyoni
Sep. 2, 2022
‘Policy rate to drive CBZ revenue’
Operating costs were up 302% year-on-year primarily driven by staff costs (up 565%).
By Mthandazo Nyoni
Sep. 16, 2022
Zimre cushions shareholders against raging inflation
So far, ZSE-listed companies that have declared dividends have been paying out in Zimbabwe dollars.
By Mthandazo Nyoni
Sep. 18, 2022
MMCZ moves to tackle chrome price crisis
“The corporation is currently working towards establishing the necessary infrastructure and modalities of bringing the domestic sales under its ambit.” MMCZ added.
By Mthandazo Nyoni
Sep. 20, 2022
Pioneering Zim lithium executive steps down
Greaves was a founding director of the lithium miner — the first to carry out full-scale exploration in Zimbabwe at Arcadia.
By Mthandazo Nyoni
Sep. 22, 2022
Hippo earnings seen softening
In an analysis of the firm’s financial statements for the full year ended March 31, 2022, IH said that downside risks still existed from high financial costs.
By Mthandazo Nyoni
Sep. 23, 2022
Simbisa accelerates Zim forays …group to spend US$22m in restaurant rollout
The group said its focus was moving from navigating Covid-19-induced challenges to continuing to grow its footprint and creating stakeholder value.
By Mthandazo Nyoni
Sep. 23, 2022
Chinese tile maker fights taxes in Zim and Zambia
Zimbabwe has been a flashpoint for harsh taxes and high doing business costs.
By Mthandazo Nyoni
Sep. 23, 2022
Small scale miners call for gemstone trade liberalisation
“Government needs to loosen the noose around the neck of the gemstone sector.
By Mthandazo Nyoni
Sep. 25, 2022
Australians blast first Zim oil well…20 trillion cubic feet, 845m barrels under spotlight
Invictus said Friday’s developments were “exciting and long-anticipated.”
By Mthandazo Nyoni
Sep. 27, 2022
Villagers fight climate change through smart agric
In Mwenezi district, some farmers are harvesting water during the rainy season using plastic tanks connected to the roof of their houses.
By Mthandazo Nyoni
Sep. 28, 2022
RioZim faces corporate rescue
He said RioZim was in financial dire straits, and unable to meet its obligations.
By Mthandazo Nyoni
Sep. 28, 2022
Directors move to tackle governance crisis
According to the latest Zimdirector Magazine released at the ongoing IoDZ conference, bad governance has reached catastrophic proportions.
By Mthandazo Nyoni
Sep. 30, 2022
Bank profits rise to ZW$181bn
This figure was $15,09 billion (about US$25 million) during the comparable period in 2021.
By Mthandazo Nyoni
Sep. 30, 2022
Two banks on RBZ watch list
“Of the 19 operating banking institutions, 17 were compliant with the minimum prudential liquidity ratio of 30%,” the RBZ said.
By Mthandazo Nyoni
Oct. 2, 2022
Don’t blame sanctions for bankruptcy, says expert
“You will find that all those companies in principle collapsed because of primarily bad governance.
By Mthandazo Nyoni
Oct. 2, 2022
IoDZ pushes for stronger audit committees
The workshop trained directors in various areas, including the role of audit committees, legal compliance enforcements, cybersecurity.
By Mthandazo Nyoni
Oct. 4, 2022
Caledonia to restart key Bilboes operation
Caledonia recently took over Bilboes Gold in a multimillion-dollar deal.
By Mthandazo Nyoni
Oct. 4, 2022
Mimosa Mine mulls US$100m shaft expansion
MIMOSA Mining Company says it plans to inject US$100 million towards the development of a new shaft to extend the mine’s lifespan to 22 years.
By Mthandazo Nyoni
Oct. 6, 2022
By-products overtake platinum revenue
“Currently, because of the prevailing metal prices, platinum only contributes 20% of our revenue, and 80% comes from the other metals,” Ndiyamba told reporters.
By Mthandazo Nyoni
Oct. 7, 2022
Mimosa mulls 38MW solar plant
Mimosa general manager Steve Ndiyamba told Standardbusiness during a tour of the company on Wednesday that the firm was mulling plans to establish a solar plant.
By Mthandazo Nyoni
Oct. 9, 2022
Zimplats injects millions to prop up local firms
The mining industry has been concerned about high costs in Zimbabwe, which has forced players to prefer imports.
By Mthandazo Nyoni
Oct. 9, 2022
Voedsel, farmers clash over tobacco payment
The manager was forced to call one of the firm’s directors, Innocent Mahufe, who said payments were being processed.
By Mthandazo Nyoni and hstv radio
Oct. 10, 2022
‘ZSE-listed firms vulnerable to hostile takeovers’
“Share price weakness can increase the risk of hostile takeovers given that sharks are always looking to buy into dips and can potentially raid a company,”
By Mthandazo Nyoni
Oct. 11, 2022
Tobacco sales hit 208m kg mark
Due to these factors among others, the number of new tobacco growers for the 2021/22 season declined by 50% compared to the previous year, TIMB noted.
By Mthandazo Nyoni
Oct. 12, 2022
‘Inflation, power shortages a threat to economic growth’
FBC Securities said the global economic outlook remained uncertain, hampered by rising inflation and the ongoing consequences of geopolitical tensions.
By Mthandazo Nyoni
Oct. 12, 2022
Caledonia gold production shoots up by 11%
Last year in the same period, gold production stood at 18 965 ounces
By Mthandazo Nyoni
Oct. 13, 2022
Zimplats dairy project starts bearing fruit
Zimplats has rolled out the Rutara community Irrigation Scheme and work has begun at Gweshe and Tyrone villages.
By Mthandazo Nyoni
Oct. 13, 2022
