Adelaide Moyo, Business Reporter, Author at The Financial Gazette

Tourism industry teeters on brink

ZIMBABWE’S tourism industry, which suffered badly under the ruinous rule of former president Robert Mugabe, is once again teetering on the brink due to uncompetitive prices, a declining overall product offering and the country’s deepening foreign currency crisis. (more…)

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November 8, 2018

Companies & Markets

Mixed fortunes on equities market

THE Zimbabwe Stock Exchange (ZSE) has undergone a record-breaking experience in recent weeks — hitting $23 billion in market capitalisation — but not all counters have gained from the bull-run. (more…)…

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November 8, 2018

Companies & Markets

BSE chops Choppies

CHOPPIES Supermarkets (Choppies), which has several outlets in Zimbabwe, has been suspended from the Botswana Stock Exchange (BSE) after failing to submit audited financial results for the year ended June 30, 2018. (more…)

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November 8, 2018

National Report

Gold miners face bleak future

GOLD producers have said it will be difficult to continue operating unless government reviews current policies on foreign currency allocation. (more…)

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November 1, 2018

Companies & Markets

Complex ‘divorce’ takes time: Delta

DELTA Corporation (Delta) says The Coca Cola Company (TCCC)’s intention to terminate its bottlers’ agreements with the group entities will take time. (more…)

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November 1, 2018

National Report

Choppies hits rough times

CHOPPIES Supermarkets, which has several outlets in Zimbabwe, has been threatened with suspension or delisting from the Botswana Stock Exchange Limited (BSEL) after failing to submit audited financial results for the year ended June 30, 2018. (more…)

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October 25, 2018

Companies & Markets

Let’s take the pain — CZI

THE Confederation of Zimbabwe Industries (CZI) says the public should accept the proposed two percent intermediary money transfer tax recently imposed by Finance minister Mthuli Ncube. (more…)

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October 25, 2018

Companies & Markets

Hwange crisis deepens

PERENNIAL loss maker Hwange Colliery Company Limited (HCCL) has failed to fulfill its obligations of a scheme sanctioned by the High Court in May 2017. (more…)

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October 18, 2018

National Report

Makomo pursues South Africa market

COAL producer, Makomo Resources (Makomo), says it will pursue export markets in neighbouring South Africa to boost its foreign currency reserves in the wake of shortages that have been experienced in Zimbabwe. (more…)

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October 18, 2018

Uncategorized

Politics boosts Zimbabwe’s internet traffic

ZIMBABWE’S drama-filled politics has led to an increase in the usage of internet bandwidth, the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has revealed.…

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October 11, 2018

Tuesday, 13 November 2018

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