Business

Fastjet Zimbabwe to Introduce Lusaka Service

By Agencies Zimbabwe’s Fastjet will launch scheduled services between Harare and Lusaka, Zambia. The introduction of this service is set to
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US approves $5 billion loan to TotalEnergies for Mozambique gas project

By Reuters The board of the U.S. Export-Import Bank approved a nearly $5 billion loan for a long-delayed LNG project
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Zimbabwe firms brace for hyperinflation accounting under ZiG

By Bloomberg News Zimbabwe’s market regulator is seeking clarity from the central bank on new rules that would require companies
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OK Zimbabwe faces crippling decline as revenues plunge 36% amid economic turmoil

By Business Report Top retailer, OK Zimbabwe, is grappling with a staggering decline in both volumes and revenues, which fell
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Formal retailers in Zimbabwe struggle as consumers migrate to informal shops

By Xinhua HARARE: Formal retailers and wholesalers in Zimbabwe are experiencing a decline in customer traffic as consumers increasingly prefer
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Zimbabwe’s retail crisis deepens as more companies close amid economic turmoil

By Business Report More Zimbabwean companies and retailers are closing shop, citing economic and currency complexities that are inhibiting profitability
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Zimbabwe’s business sector in survival mode as inflation and currency woes bite

By Independent Online Zimbabwean companies are grappling with severe economic challenges, including soaring inflation, a skewed exchange rate, and escalating
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Tongaat Hulett Zimbabwe to lay off 1,000 workers amid currency crisis

By Nyasha Chingono I Reuters HARARE: Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this
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National Foods becomes first firm to leave Victoria Falls Stock Exchange

By Bloomberg National Foods Holdings Ltd. will take the company private and delist from Zimbabwe’s Victoria Falls Stock Exchange, which
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SAA battles to recover US$60m from Zimbabwe; airline bosses admit – ‘We’ve not been that

By flightglobal.com PRETORIA: South African Airways is keen to recover some $59 million (R1 billion) in funds from a Zimbabwean
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