Adelaide Moyo, Business Reporter, Author at The Financial Gazette

UK firm mulls leaving Zimbabwe

PREMIER African Minerals (Premier) says it is considering divesting from Zimbabwe due to the southern African country’s risk profile. (more…)

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June 13, 2019

Companies & Markets

Delta suspends most capital investments

DELTA Corporation (Delta) says it has suspended most of its capital investments due to Zimbabwe’s deteriorating economy. (more…)…

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June 13, 2019

Companies & Markets

Larfage seeks self-sustenance

LARFAGE Cement Zimbabwe (Lafarge) says it is looking for ways to sustain its operations thorough foreign currency cash generation. (more…)…

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June 13, 2019

National Report

POSITIVE performance on the Zimbabwe Stock Exchange (ZSE) has seen non-life insurance companies increasing their asset base by 25 percent to $350,64 million in the quarter ended December 31, 2018, latest figures show. (more…)…

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June 13, 2019

It’s time to adopt the rand – experts

AMID growing concerns that Zimbabwe’s shrinking economy could be headed for a long-term downward spiral, a regional expert with a leading think-tank and provider of independent economic research on Africa has reignited the local rand debate. (more…)

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June 6, 2019

Companies & Markets

Dairibord maintains Malawi market

DAIRIBORD Holdings (Dairibord) says it will continue to supply its products to Malawi, despite the firm’s decision to shut down operations in the southern African country. (more…)

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June 6, 2019

Companies & Markets

Cambria paints gloomy outlook on Zimbabwe

CAMBRIA Africa Plc (Cambria) says despite achieving record profits of US$1,7 million in the six months to February 2019, it expects earnings in the second half of the year to be affected by a rapid devaluation in the Zimbabwean currency. (more…)

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