Mukuru licensed to conduct deposit-taking microfinance business
Senior Business Writer MUKURU Financial Services Zimbabwe Limited, recently licensed as a deposit-taking microfinance institution (DTMFI), has expressed excitement over the opportunity to expand its mission of promoting financial inclusion…
US$7,81 million worth of trades settled through VFEX depository
Sikhulekelani Moyo, mskhulekelani16@gmail.com THE Securities and Exchange Commission of Zimbabwe (SecZim) has said a total of US$7,8 million worth of trades were settled through depository during the 2024 third quarter.…
Powerspeed full-year profit up 13pc
Business Reporter Powerspeed Limited recorded a 13,15 percent surge in profit to US$4,3 million for the year to September 30, 2024, reflecting robust performance despite economic challenges during the year…
CTC wins Supreme Court case against Innscor
Tapiwanashe Mangwiro Senior Business Reporter THE Supreme Court has granted the Competition and Tariff Commission (CTC) its appeal against a High Court judgment endorsing the merger between Innscor Africa Limited…
‘Chinese firms to keep on investing in Zim’
Oliver Kazunga Senior Business Reporter CHINESE firms will continue to invest in Zimbabwe’s diverse economic sectors and undertake Corporate Social Responsibility (CSR) initiatives in communities they operate from to foster…
Zim moves to eliminate mercury in gold mining
Oliver Kazunga Senior Business Reporter ZIMBABWE, in collaboration with its international partners, has launched a US$23,7 million five-year project to reduce the use of mercury in artisanal and small-scale gold…
‘Expanding tax base may allow tax relief’
Tapiwanashe Mangwiro Senior Business Reporter Efforts by the Treasury to widen the tax base, through extending the tax bracket to taxable areas such as churches and the informal sector, could…
POSB to leverage tech to drive service quality
Michael Tome Business Reporter MUTAPA Investment Fund subsidiary, POSB, is pursuing several initiatives to enhance service delivery to its customers by leveraging data analytics and Artificial Intelligence (AI) to create…
Government launches US$23,7 million project to curb mercury use
Sikhulekelani Moyo, mskhulekelani16@gmail.com GOVERNMENT has launched a US$23,7 million initiative aimed at reducing , a sector that significantly contributes to mercury pollution globally. The five-year planetGOLD Zimbabwe project, supported by…
More gold centres on the cards
Nokuthaba Brita Ncube, ncubenokuthababrita@gmail.com The Government has announced plans to set up additional gold centres across provinces to boost gold deliveries to Fidelity Gold Refinery and promote mineral beneficiation and…