AFDIS eyes growth amid operational instability

Afdis pointed out that the economic environment continued to present impediments that constrained business operations.
By Kudzai Kuwaza 16h ago
ZB in massive shake-up
ZB in massive shake-up
Sources last week told businessdigest that everyone at the bank was made to apply for the new positions that came with the new structure.
By Melody Chikono 16h ago
Industry decries forex auction for inflation pain
The CZI said much of last year’s troubles stemmed from the auction system, which it blamed for inflaming the black market.
By Tatira Zwinoira Jan. 20, 2023
Govt turns to banks to fund roads rehab
Zinara has been collecting a fraction of its annual requirements to bankroll road rehabilitations
By Freeman Makopa Jan. 20, 2023
‘Forex-earning companies to withstand market storms’
The ZSE’s primary All Share Index (ALSI) fell by 25,37% in the third quarter.
By Mthandazo Nyoni Jan. 20, 2023
GDP growth will be lower than projected: Report
The International Monetary Fund anticipates 3,6% growth.
By Mthandazo Nyoni Jan. 20, 2023
Hyperinflation leaves firms in reporting fix
Mandisodza said Zimbabwe was still in the jaws of hyperinflation because inflation was now back above 100%.
By Mthandazo Nyoni Jan. 13, 2023
Axia lays out Vic Falls bourse listing plan
The company revealed that its board of directors had met on November 22 last year where it was agreed to delist from the ZSE and list on the VFEX.
By Kudzai Kuwaza Jan. 13, 2023
TNF negotiations under threat
The TNF is a social dialogue platform that brings together government, business and labour to negotiate key socioeconomic matters.
By Kudzai Kuwaza Jan. 13, 2023
Interview: We re-create generative spaces for today’s hybrid workplace
However as the world transforms, challenges such as  strengthening culture and building skills to help managers to lead geographically dispersed teams in today's new hybrid .
By Melody Chikono Jan. 13, 2023
Opinion: Debt can be sensible way to build wealth
For example, you may borrow money from the bank to buy an asset —  a resource of economic value that generates income from its productive use.
By Bomikazi Zeka Jan. 13, 2023
New Perspectives: Reflection on budget blues
An exasperated Treasury boss had to trim the 2023 budget bids by a whopping two thirds to come up with a 2023 National Budget of just under US$4 billion.
By Tapiwa Nyandoro Jan. 13, 2023
Opinion: Policy incentives a must for re-industrialisation
Overall, the policy environment from taxation, import and export procedures, foreign exchange regime and currency are combining to thwart investment in the industry.
By Victor Bhoroma Jan. 13, 2023
Employee engagement: Signs employers need to watch
Employees that are engaged are more likely to stay longer, be more productive, and go over and above for the firm.
By Memory Nguwi Jan. 13, 2023
Global trade: Unfolding curse of low expectations
The push to increase trade saw the World Trade Organisation establish an Aid for Trade Initiative in 2006.
By Nyasha Mandeya Jan. 13, 2023
Policy issues hampering Zim business climate
China remains the biggest investor in Zimbabwe while Russia, Iran and India are also important investors in the country.
By Victor Bhoroma Jan. 7, 2023
US dollar liquidity preference
While this has triggered an increase in robbery cases, the motives of holding cash can be derived from the functional definition of money.
By Batanai Matsika Jan. 7, 2023
Insurers’ debt to pensioners rises by 64%
Chief among the challenges have been currency shortages, which continue to ravage the economy as well as steep parallel market exchange rates.
By Melody Chikono Jan. 7, 2023
‘Economy crippled by illicit financial flows’
According to reports, Zimbabwe is thought to have lost more than US$32 billion as a result of illicit cash flows between 2000 and 2020.
By Mthandazo Nyoni Jan. 7, 2023
Companies hopeful of improved operating environment in 2023
On a global scale the increase in global prices due to the Russia-Ukraine war led to disrupted supply chains negatively impacting business operations for most companies.
By Melody Chikono Jan. 7, 2023
Banks battle NPLs surge
A non-performing loan (NPL) is a sum of borrowed money, whose scheduled payments have not been made by the debtor for a period of time – usually 90 or 180 days.
By Kudzai Kuwaza Jan. 6, 2023
Drug makers lift output after US$5m injection
A number of investments have been undertaken by both the old and new players.
By Freeman Makopa Dec. 23, 2022
‘Hands off forex exchange market’..... CZI tells policymakers to give banks room to manoeuvre
Following months of disquiet over the foreign currency auction system exchange rate, which markets complained was not freely trading
By Tatira Zwinoira Dec. 23, 2022
Zim cattle prices up 183%
He said before the auction system was introduced, farmers were forced to accept prices as low as US$0,60 per kg.
By Mthandazo Nyoni Dec. 16, 2022
High public debt frustrates industry
This comes as business requires at least US$2 billion to retool and recapitalise.
By Tatira Zwinoira Dec. 16, 2022
Foreign banks move to isolate Zim
Policymakers have maintained that Zimbabwean banks remain stable despite sustained shocks.
By Shame Makoshori Dec. 16, 2022
Local bourses struggle to claw back lost ground
The ZW$24 million was worth over US$1 million when it was established, but is now equivalent to about US$35 000 due to extensive currency erosion.
By Mthandazo Nyoni Dec. 16, 2022
ZW$2 billion IDC facility saves 9 000 jobs: Report
Until a few years ago, the IDC operated as an investment vehicle housing state interests in firms cutting across economic sectors.
By Freeman Makopa Dec. 16, 2022