Search / Inter horizon securities
Zimdollar stares fresh setbacks as crisis deepens
ZIMBABWE'S currency will continue depreciating in the coming months, as multiple headwinds exert pressure on the unit, which surrendered 34% of its value to the United States dollar in April, accordin...Published: 12 May 2023 at 06:06hrs | 1 | by Staff reporter
Interest rate hike haunts black market kingpins
Interventions by the Reserve Bank of Zimbabwe (RBZ) to stem prolonged currency battering have sent black market rates tumbling by over 50 percentage points within a month, Inter Horizon Securities (IH...Published: 16 Aug 2022 at 06:40hrs | 2 | by Staff reporter
Zimbabwe inflation seen closing year at 62%
ZIMBABWE'S annual inflation, in a best case scenario, is projected to close the year at 62,17%, driven by persistent food inflation, researchers at Inter Horizon Securities (IH) have said.In a...Published: 21 Feb 2022 at 05:32hrs | | by Staff reporter
'Mnangagwa's radical policy shift blew away US$500m potential revenue'
RADICAL policy shifts a year into President Emmerson Mnangagwa's administration have wiped a staggering US$500 million in potential investments out of Zimbabwe, new data predicting an escalation of he...Published: 16 Feb 2022 at 05:35hrs | 13 | by Staff reporter
Drug prices skyrocket
ZIMBABWEAN drug retailers are selling medicine using exchange rates of between US$1:$220 and US$1:$230, sparking fears that the sector could become one of the driving forces behind an extensive deprec...Published: 29 Dec 2021 at 05:25hrs | 12 | by Staff reporter
Zimdollar falls by 69%
Zimbabwe's local currency has fallen by nearly 70% since the beginning of the year on the parallel market, compared to about 30% on the official market, data from a leading advisory firm showed on Tue...Published: 02 Dec 2021 at 05:36hrs | | by Staff reporter
Mthuli Ncube bolsters construction sector
FINANCE Minister Mthuli Ncube's 2022 national budget presented on Thursday gave impetus to the growth of Zimbabwe's construction sector, analysts at Inter Horizon Securities said yesterday.Ncu...Published: 29 Nov 2021 at 05:35hrs | 9 | by Staff reporter
Mliswa calls for local currency
Outspoken Norton Legislator Temba Mliswa has urged the government to promote local currency in a bid to stabilize the economy."Governme...Published: 19 Oct 2021 at 17:14hrs | 10 | by Simbarashe Sithole
Black market records steepest annual rise
THE parallel market exchange rate rocketed by 27% during the third quarter (3Q) of this year, marking its steepest ever growth in one year, researchers at Inter Horizon Securities (IH) said at the wee...Published: 18 Oct 2021 at 06:30hrs | | by Staff reporter
'Mthuli Ncube's strategy will help him avoid fresh borrowings'
THE global economy contracted 4,3% in 2020 against a background of the United States-China trade war, Brexit and the unprecedented Covid-19 pandemic, which saw countries imposing strict lockdowns that...Published: 01 Aug 2021 at 06:45hrs | 1 | by Inter HorIzon Securities
Delta completes MBC takeover
BEVERAGES blue-chip Delta Corporation has achieved its plan to expand its multiple brands' footprint into Manicaland province after a key regulator approved a transaction to take over Mutare Bottling ...Published: 21 Mar 2021 at 08:36hrs | | by Staff reporter
Zimdollar will maintain a 'fragile stability' this year report
ZIMBABWE's currency will maintain a "fragile stability" this year, continuing from the volatilities that haunted the domestic unit even after the introduction of theforeign currency auction system...Published: 17 Feb 2021 at 06:11hrs | | by Staff reporter
ZSE inches closer to $6bn market cap threshold
THE Zimbabwe Stock Exchange market capitalisation inched closer to the US$6 billion threshold yesterday after the main industrial index gained for the fourth consecutive day to close 1,4 percent stron...Published: 10 May 2013 at 03:43hrs | | by Golden Sibanda
Load More Stories
