Economy

Economy

economy

Masholds prioritises asset growth

Masholds prioritises asset growth

Africa-Press - Zimbabwe. PROPERTY developer, Mashonaland Holdings Limited (Masholds), will focus on affordable housing, high-yield projects and asset commercialisation, amid a property market split...
EcoCash ramps up UK remittances drive

EcoCash ramps up UK remittances drive

Africa-Press - Zimbabwe. EcoCash, Zimbabwe’s largest financial technology platform, says it is stepping up efforts to increase international remittance receipts by partnering with more...
Old Mutual Zimbabwe Shifts to USD Reporting

Old Mutual Zimbabwe Shifts to USD Reporting

Africa-Press - Zimbabwe. FINANCIAL services group, Old Mutual Zimbabwe (OMZ), has moved to report in hard currency across key subsidiaries to reflect growing US...
Business sounds alarm as economy deteriorates

Business sounds alarm as economy deteriorates

Africa-Press - Zimbabwe. THE business community has raised concern over Zimbabwe’s challenging operating environment and called for urgent reviews and measures to arrest the...
First Capital Bank Zim profit after tax up 128% in H1

First Capital Bank Zim profit after tax up 128% in H1

Africa-Press - Zimbabwe. FIRST Capital Bank Zimbabwe has posted a 128% increase in profit after tax to ZiG353,7 million in its half-year performance ended...
Qatari firm boosts Muzarabani oil, gas project

Qatari firm boosts Muzarabani oil, gas project

Africa-Press - Zimbabwe. QATARI firm Al Mansour Holdings will acquire a 19,9% stake in Invictus Energy Limited and has committed to injecting US$500 million...
Milk production hits 10 million litres in July

Milk production hits 10 million litres in July

Africa-Press - Zimbabwe. ZIMBABWE’S dairy industry has recorded the highest monthly output in recent years, producing a record 10 million litres of milk in...
RemitHope Aims to Raise US$50 Million for Africa

RemitHope Aims to Raise US$50 Million for Africa

Africa-Press - Zimbabwe. RemitHope, a fintech-powered social enterprise, has showcased its vision of mobilising financial support for underfunded African-led community initiatives at the Institute...
Africa's Millionaire Population to Surge 65% by 2033

Africa’s Millionaire Population to Surge 65% by 2033

Africa-Press - Zimbabwe. The population of millionaires in Africa has been projected to increase by 65 per cent within the next 10 years as...
KAZA ministers endorse joint conservation, finance plans

KAZA ministers endorse joint conservation, finance plans

Africa-Press - Zimbabwe. MINISTERS from the Kavango Zambezi Transfrontier Conservation Area (KAZA-TFCA) have reaffirmed their commitment to regional collaboration by approving several key conservation...