Paul Nyakazeya, Group Digital Editor, Author at The Financial Gazette

Property sector in agony as Zimbabwe burns

ZIMBABWE’S commercial and residential property sector is reeling from the double whammy of a long-standing economic crisis and the worsening effects of the Covid-19 pandemic. (more…)

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August 6, 2020

Companies & Markets

Lager consumption down in lockdown

DELTA Corporation (Delta) says beer consumption declined in the three months to June due to a combination of lockdown measures as a result of the Coronavirus (Covid-19) pandemic and an unstable economic environment. (more…)

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August 6, 2020

Companies & Markets

PPC forecasts earnings drop

PPC ZIMBABWE’S parent company PPC anticipates its earnings for the year to March 2020 to decline by more than 20 percent due to impairments on property, plant and equipment and other fair value adjustments. (more…)

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July 30, 2020

National Report

Implats forecasts 20pc profit jump

ZIMBABWE Platinum Mines’ (Zimplats) majority shareholder, Impala Platinum (Implats), is expecting a 20 percent jump in annual earnings for the year to June 30, 2020, on the back of firm metals prices. (more…)

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July 30, 2020

National Report

Zim$ to tumble further

ZIMBABWE’S domestic currency will continue to devalue against major currencies due to lack of key reforms and government’s policy inconsistencies, analysts have said. (more…)

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July 23, 2020

Companies & Markets

Dawn Properties revenue declines

DAWN Properties Limited’s (Dawn) revenue for the five months to May 30, 2020 declined 11 percent to $36,9 million from the same period last year. (more…)

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July 18, 2020

National Report

Inflation kills off craving for TBs

LOCAL investors continue to shun government securities with low yields due to rising inflation, market experts have said. (more…)

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July 16, 2020

Fuel sector exposes gvt ‘fibs’ on dollarisation

THE fuel sector is leading Zimbabwe’s re-dollarisation charge, with ever more retailers across the country now preferring to be paid in foreign currency for their goods and services. (more…)

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