Bard Santner, an asset, corporate finance and wealth management firm has launched Gold Coin Unit Trust to support long-term savings by common Zimbabweans and significantly advance financial inclusion
4 days ago
The Invictus exploration process is turning into a gambling circus after the company announced that it has established new discoveries within the failed Mukuyu 1 body
Although the jury is still out and awaiting US CPI data (which is set to be released on Thursday), the net market perception is geared towards an expectation that The Fed will loosen its aggressive st
Bindura Nickel, a VFEX-listed mining giant has recorded a H’Y 2022 financial period results plunged in losses. The nickel mining cooperation company’s loss pool primarily originated from a 16% recorde
Zimbabwe's energy sector has made some positive recovery after the sector and the government have tirelessly worked towards restoring order. This has been seen as the government recently disbursed US$
Karo’s listing came a week after, Simbisa Brands Limited, became the 6th counter, adding to financial services group Nedbank Zimbabwe, giant seed producer and distributor, SeedCo International Limited
Nigerian Banks started issuing new naira notes today in conformity with directions from the Central Bank of Nigeria. Today, commercial banks will start dispersing the eagerly anticipated, newly redesi
The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be
Zimbabwe’s undying but slowly suffocating problem has been inflationary pressures and the MPC implored multiple tools to reduce the pressures. The financial sector has remained the focal point for con
The ramifications of Tongaat Hulett’s balance sheet fraud, allegedly carried out by former chief executive Peter Straude and other managers, have been on full display this year. While the issue has be
Fossil Mines is a consortium of entrepreneurs led by Obey Chimuka. The conglomerate has concluded its Lafarge takeover after completing the purchase of a 76.45% stake held by Lafarge Holcim's subsidia
The mining sector is the second largest national income generator after wholesalers and retailers producing 11% of national income, 83% of exports, 19% of government revenue, 2% of direct formal
OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late
It is our view that REITs will be crucial on two primary levels. As stated already, the Zimbabwean capital markets need depth in terms of scope as investible assets are limited
In March 2022, Russian President Vladimir Putin demanded that "unfriendly countries" use rubles to purchase his country's oil and gas, sending energy prices even higher as markets continue bearishly.
BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p
Agriculture continues to be perceived as the nation’s way out of the poverty trap. With the sector's estimated forecast decline of negative 14% in 2022, the forecast growth figures for 2023, 2024, and
ZSE-listed hospitality service provider, Rainbow Tourism Group’s (RGT) revenue grew 309% to ZW$21.4 billion, up from ZW$5.2 billion in the comparative period prior year as hotel room occupancy more th
The Reserve Bank of Zimbabwe (RBZ) has introduced a Collateral Registry as it moves to enhance financial inclusion and increased access to finance through expanding the range of qualifying collateral
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