Successful Women in Finance round table attracts top female execs
TweetShareSharePin0 SharesTop female executives strongly deliberated on efforts to increase women and women-led businesses and start-ups’ access to finance at the successful Women’s Network and Women in Leadership Roundtable held…
Mining sector exports poised to reach US$5.3bn by year end
TweetShareSharePin0 SharesBy ETimes The mining sector’s export revenue totaled US$4.5 billion in the first 10 months of 2022 and the mining sector has financed 70% of the country’s imports over…
High interest rates risk pushing the economy into recession, experts say
TweetShareSharePin0 SharesBy ETimes The economy may be edging toward a recession occasioned by high interest rates that are slowing aggregate demand, said former Finance Minister Tendai Biti. In September 2022,…
Weaker Rand sends mixed feelings in the economy
TweetShareSharePin0 SharesBy ETimes South Africa is Zimbabwe’s biggest trading partner and the rand has plunged to an all-time low breaching 18 to the dollar on the back of rising inflation…
Zimbabwe’s foreign currency receipts up 38% in first 9 months
TweetShareSharePin0 Shares…seen rising between $11-12bn in 2022 By ETimes Foreign currency receipts in Zimbabwe have increased by 38% to $8.4 billion over the past nine months, compared to $6.1 billion…
World Economy volatile and growth to slow in 2023
TweetShareSharePin0 SharesBy CNBC The International Monetary Fund predicts global growth will slow to 2.7% next year, 0.2 percentage point lower than its July forecast, and anticipates 2023 will feel like…
Imara says more companies are likely to change their functional currency to USD
TweetShareSharePin0 SharesBy ETimes A number of Zimbabwean companies are likely to switch to the greenback as the functional currency as the majority of their revenues are now in US dollars,…
FBC Securities says growth to be lower than 4.6%
TweetShareSharePin0 SharesBy ETimes FBC Securities said the country might be entering a recession which will affect the revised growth target set by the Treasury in its mid-year budget review. The…
4 in 10 youths were unemployed in Q2: Report
TweetShareSharePin0 Shares…as stocks begin the week on a low note The local bourse on Monday lost 0.25%, extending bearish sentiment to three consecutive trading sessions. As a result, the market…
Fibro Contracting applauds construction drive for better business
TweetShareSharePin0 Shares Fibro Contracting has applauded government on their ‘Open for Business’ mantra as they have seen an increase in business in the past two years. The company said construction…