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Deloitte and Touche auditors condemn Edgars financial results
Zim Now WriterDeloitte and Touche Zimbabwe auditors have condemned Edgars Stores Limited financial results for the year ended January 8, 2023, saying they failed to comply with International Financial...
Will Zim’s CBDC win against hyperinflation and lack of trust?
 The Fintech Times- Zimbabwe has officially launched a new gold-backed digital currency, in response to a number of macroeconomic challenges.As the Reserve Bank of Zimbabwe aims to support its struggl...
Zimbabweans drink more lager beer, push Delta revenue to US$713m
Zim Now WriterZimbabweans drank record amounts of lager beer in 2022, handing the country’s biggest brewer Delta Beverages revenues of US$713 million in the year.Demand for beer was driven by governme...
Zesa pledges to ring-fence 120 MW for winter wheat farming
Zim Now WriterZesa Holdings has pledged to provide uninterrupted electricity to farmers to allow the country to achieve its target of 85 000 hectares and the projected yield of 408 000 tonnes as plant...
Invictus Energy confirms oil, gas and helium find at Mukuyu-1
Zim Now WriterAustralia-listed Invictus Energy shares have gone up 8.7%, after the firm confirmed the presence of light oil, gas condensate and helium at its Cabora Bassa project in Zimbabwe.The compa...
Zimplow to migrate to VFEX
Zim Now WriterZimplow Holdings Limited, has announced plans to delist from the Zimbabwe Stock Exchange and list in the Victoria Falls Stock Exchange.Mrs Sharon Manangazira“The directors of Zimplow Hol...
AfDB president, Chissano expected in the country for debt dialogue
  Former Mozambican President Joachim Chissano and African Development Bank President Dr Akinwumi Adesina are expected in the country early this week for the Third Structured Dialogue Platform on arre...
WestProp list on the VFEX
Ken Sharpe Philemon JambayaProminent property development company Westprop Holdings Limited was on Friday successfully listed on the Victoria Falls Stock Exchange (VFEX) at a glittering event held in...
RBZ scraps 15% statutory surrender for grain millers and USD debtors
Reserve Bank of Zimbabwe has scrapped statutory surrender requirements on receipts from domestic sales exempting all grain millers and corporates holding US dollar loans from the 15% statutory surrend...
Sacked Air Zim CEO rebounces, promises to revive struggling airline
 Five years after having been sacked from the helm of Air Zimbabwe, IR Zimbabwe (AirZim) acting chief executive officer (CEO)Acting CEO Edmund Makona has spoken about an optimistic strategy aimed at r...