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- businessweekly
- November 23, 2018
- 308 views
Zim has no forex shortages, its misused – Finance Minister
HARARE – Zimbabwe is earning enough foreign currency to sustain the economy, but much of it is being misdirected to unproductive uses, and siphoned outside formal systems, Treasury bosses said…
- businessweekly
- November 23, 2018
- 259 views
ZAMCO disbanded
Kudakwashe Mhundwa HARARE – Government will stop further acquisitions on non-performing loans through its special purpose vehicle – the Zimbabwe Asset Management Company (ZAMCO).
- businessweekly
- November 23, 2018
- 198 views
Averting a plane crash: what to do about the global pilot shortage
Stephen Fankhauser & Matt Ebbatson The world is running out of experienced pilots. Supply is not keeping up with the growing demand for air travel. In Australia the effects are…
- businessweekly
- November 23, 2018
- 125 views
Oil prices hit year low as OPEC considers output cut
LONDON – Oil prices fell to their lowest in a year on Friday, on course for their biggest one-month decline since late 2014, even as oil producers consider cutting production…
- businessweekly
- November 23, 2018
- 145 views
Rand softens as trade fears offset rate hike
JOHANNESBURG – South Africa’s rand retreated in thin trade on Friday after hitting its highest level in more than three months in the previous session when the central bank hiked…
Nissan fires chairman Ghosn following his arrest
TOKYO. – Nissan board members voted unanimously to sack Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss whose arrest for financial misconduct stunned the car industry and the business world.
Erdogan may meet Saudi Crown Prince at G20 summit: Spokesman
ISTANBUL/ COPENHAGEN. – Turkish President Tayyip Erdogan may meet with Saudi Crown Prince Mohammed bin Salman during a visit to Argentina for the G20 summit, Erdogan’s spokesman was quoted as saying on Thursday.
EU, Britain agree on draft deal on post-Brexit ties, await summit approval
BRUSSELS. – Britain and the European Union have agreed in principle to a text setting out their future relationship that can be endorsed by EU leaders at a summit, European Council President Donald Tusk said on Thursday.
Ramaphosa’s reshuffled cabinet didn’t meet expectations – analysts
JOHANNESBURG. – President Cyril Ramaphosa has made big changes to his cabinet, the first time since appointing his executive in February when he took over as South Africa’s head of state.
Transparent, credible investigation into Khashoggi killing not completed: EU
ANKARA. – A transparent and credible investigation into the killing of Saudi journalist Jamal Khashoggi has not yet been completed, Federica Mogherini, the European Union’s foreign affairs chief, said on Thursday, after talks with Turkey’s foreign minister.