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FlySafair applies for more Harare-Joburg flights and mulls combining Victoria Falls and Livingstone
Zim Now ReporterSouth African low cost airline FlySafair says it has applied for increased frequency on the busiest flight route in Africa and is likely to stick to one destination to service travelle...
ART languishes as forex shortages hit Zambia and Malawi
Audrey GalawuAssistant EditorART Holdings Limited had an extremely difficult first quarter ending March 31, 2024, as challenges in the trading environment severely impacted the business.Overall sales...
RBZ maintains high interest rates to defend ZWD value
 Nyashadzashe NdoroZim Now Chief ReporterThe Reserve Bank of Zimbabwe has decided to maintain the current tight monetary policy stance, keeping the main bank policy rate at 20% per annum and an intere...
OK Zimbabwe cry over 'distorted' market' continues
Nyashadzashe NdoroZim Now Chief Reporter OK Zimbabwe Limited has once again highlighted the government's official exchange rate policy for distorting the market and boosting the informal sector.In a s...
Afreximbank signs two deals totaling US$80 million for CBZ Bank
 Zim Now WriterThe African Export-Import Bank is providing a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme facility to Zimbabwe’s largest bank, CBZ Bank Lim...
EcoCash reports significant repositioning and strong financial performance
Nyashadzashe NdoroEcoCash Holdings Zimbabwe Limited has announced a significant repositioning of its business, with a focus on its banking unit, Steward Bank Limited, following the approval of a Schem...
ZB SMEs expo oversubscribed
  Philemon JambayaAssistant EditorZB Financial Holdings says registration is closed for its SMEs expo and workshop in Harare on June 28-29, 2024 as all slots are filled. The event to be held  at ZB Sp...
Tongaat Hullet forecasts sweet expectations
Managing Director Tendai Masawi Philemon JambayaAssistant EditorTongaat Hulett Zimbabwe anticipates a 7% increase in sugar production for the year ending March 2025, bouncing back from last year's low...
Powerspeed sees increase in business and profitability, red flags informal sector
Audrey GalawuAssistant EditorWhile one of the country’s biggest hardware retailer has grown its business and profits, it has said the growing informal sector in the country is increasing regulatory bu...
Govt exposes national purse to fraud risk
Nyashadzashe Ndoro The Ministry of Finance has revealed that the Public Finance Management System, which facilitates the disbursement of funds to local authorities and service providers, is currently...