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ZiG gets a boost: Govt zero-rates gold deliveries to Fidelity Gold Refineries

ZiG gets a boost: Govt zero-rates gold deliveries to Fidelity Gold Refineries

Nyashadzashe NdoroIn a bid to encourage more gold sales to Fidelity Gold Refineries, the government has zero-rated gold deliveries to the refinery, effective immediately.This move comes after gold pro...

By Audrey Galawu •
Mashonaland Holdings posts ZWL$3.4 billion revenue from the Mashview Housing Project

Mashonaland Holdings posts ZWL$3.4 billion revenue from the Mashview Housing Project

Mashview GardensAudrey Galawu Property Investment and Development company, Mashonaland Holdings has revealed that the group earned revenue of ZWL$3.4 billion for the year ended December 31, 2023 from...

By Audrey Galawu •
Masimba Holdings' order book contributes to an 8% increase in revenue

Masimba Holdings' order book contributes to an 8% increase in revenue

Audrey Galawu Masimba Holdings' contracting business commenced the financial period with a solid order book comprising roads and earthworks, water, housing, mining, and energy infrastructure projects....

By Audrey Galawu •
Revitus suffers low rental collection for Q1 due to inflationary pressures

Revitus suffers low rental collection for Q1 due to inflationary pressures

Audrey Galawu Real Estate company, Revitus' average occupancy and yield ratios were weakened by evictions of tenants in preparation for renovations and termination of non-performing leases for Q1 2024...

By Audrey Galawu •
Government must capacitate financial and regulatory institutions to manage the fixed exchange rate system effectively: NCC

Government must capacitate financial and regulatory institutions to manage the fixed exchange rate system effectively: NCC

Audrey GalawuThe Minister of Finance, Economic Development and Investment Promotion amended the Exchange Control Act [Chapter 9:23] by introducing a provision that prohibits businesses in Zimbabwe fro...

By Audrey Galawu •
US law discriminates against African countries

US law discriminates against African countries

Nyashadzashe NdoroThe clean energy transition has led to a surge in demand for critical minerals, presenting opportunities for mineral-rich developing countries like Zimbabwe and South Africa to attra...

By Audrey Galawu •
Ariston Holdings Invests In A New Macadamia Nuts Machine To Enhance Export Quality

Ariston Holdings Invests In A New Macadamia Nuts Machine To Enhance Export Quality

Audrey Galawu Ariston Holdings Limited has recently acquired a macadamia scanning machine, which allows for the scanning of nut-in-shell macadamia nuts to determine their quality before export.This wi...

By Audrey Galawu •
Duduzile Shinya appointed American Chamber of Commerce Executive Director

Duduzile Shinya appointed American Chamber of Commerce Executive Director

Duduzile ShinyaAudrey Galawu The American Chamber of Commerce in Zimbabwe has announced the appointment of Duduzile Shinya as the new Executive Director.Duduzile is a Fellow Chartered Accountant of Zi...

By Audrey Galawu •
Turnall Holdings Battles Cash Flow Issues, Achieves Revenue Growth

Turnall Holdings Battles Cash Flow Issues, Achieves Revenue Growth

 Turnall Chairman, Greenville Hampshire Audrey GalawuAssistant EditorTurnall Holdings Limited a leading Zimbabwean building materials manufacturer, reported a mixed bag of results for the year ended D...

By Audrey Galawu •
Zim’s corporate sector defies economic odds with impressive Q1 2024 results

Zim’s corporate sector defies economic odds with impressive Q1 2024 results

 Nyashadzashe NdoroDespite challenging economic conditions, Zimbabwe’s corporate sector has reported significant growth in income and profits for the first quarter of 2024.First Capital BankFirst Capi...

By Audrey Galawu •