Zisco moved under Mutapa Fund
The decision effectively aligns Zisco with a broader restructuring of public assets, including those previously associated with Kuvimba Mining House (KMH). In 2022, Cabinet had identified Kuvimba as the preferred bidder for Zisco, but recent developments have seen Kuvimba itself folded into the Mutapa Investment Fund, tightening government control over strategic resources.
Old Mutual earnings up 13%, dividend rises 8%
Adjusted headline earnings rose 24% to R8.3 billion.
Rand on a slippery slope as it hits R17 to the US$
In the main, investors have rushed towards traditional safe-haven assets such denominated in US dollars and Swiss francs.
Rugby Africa President Meets Zim Sables
A former rugby player who later became a football administrator in Ghana, his home country, Mensah told the Zimbabwean players that he appealed to President Mnangagwa to avail equal opportunities to rugby.
Zim drives PPC performance as volumes surge, dividends jump
The cement producer reported that Zimbabwe volumes grew by more than 22% during the period, supported by “sustained strong demand across the industrial and retail sectors.
WestProp unveils US$200k mortgage deal
With projects like The Hills — including golf, tennis and swimming academies — mortgages would allow more locals to participate in lifestyle estates, boosting Zimbabwe’s image as a modern destination,”
RBZ moves to pacify ZiG stability fears
“The Reserve Bank welcomes the pronouncement… on implementation of the National Standard Price List (NSPL)…
Zim’s steel exports surge
The growth in exports has been supported by foreign investment and expanding local production capacity.
InfraCo listing set for month end
In the meantime, Econet has declared a cash dividend for shareholders who remained invested in the company.
New procurement price list to rein in govt spending
“The Ministry of Finance, Economic Development and Investment Promotion and the Procurement Regulatory Authority of Zimbabwe (Praz) wish to inform current and potential suppliers that the Government has introduced a National Standard Price List (NSPL) to guide the procurement of commonly used goods and services across Ministries, Departments and Agencies,” Finance, Economic Development and Investment Promotion minister Mthuli Ncube said in a statement on Friday.