So far, ZSE-listed companies that have declared dividends have been paying out in Zimbabwe dollars.

“Government needs to loosen the noose around the neck of the gemstone sector.

“Of the 19 operating banking institutions, 17 were compliant with the minimum prudential liquidity ratio of 30%,” the RBZ said.

“You will find that all those companies in principle collapsed because of primarily bad governance.

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.

The mining industry has been concerned about high costs in Zimbabwe, which has forced players to prefer imports.

The tourism sector suffered a loss of about US$690 million due to the impact of the Covid-19 pandemic, according to the country's first National Tourism Satellite Account (TSA).

They cited Boustead Beef and the Ministry of Lands and Agriculture, as first and second respondents respectively.

Pact said a typical large-scale mining operation is a capital-intensive process and requires millions of United States dollars in upfront investment.

The economy is growing albeit at a very slow pace.

Following regulatory approval in 2021, the listing of Tigere will be a significant milestone for the country’ economic growth

BNC said the high cost of maintaining the aged underground equipment, coupled with the lower nickel in concentrate production resulted in an increase in unit costs.

Pact said public officials, whose incomes have been significantly eroded by inflation (earning approximately US$56 to US$130 per month)