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- businessweekly
- April 5, 2019
- 67 views
Re-industrialisation hinges on infrastructure growth
Clive Mphambela Zimbabwe GDP growth since the mid 1950s has been fraught with many challenges and largely characterised by extreme volatility. From around 1955, when the Kariba Dam project was…
- businessweekly
- April 5, 2019
- 58 views
ZITF increases exhibition space
Business Writer The Zimbabwe International Trade Fair (ZITF) Company has increased exhibition space for this year’s showcase to 50 380 square metres from 49 307 square metres in 2018 in…
- businessweekly
- April 5, 2019
- 120 views
Did you know?… History of the ‘Golden’ leaf board TIMB
Fradreck Gorwe The history of the present day Tobacco Industry and Marketing Board (TIMB) and the golden leaf itself is in remote antiquity with precolonial times when farmers grew a…
- businessweekly
- April 5, 2019
- 56 views
Old Mutual braces for Cyclone Idai claims… Group has quite a number of customers in the area
Financial services group, Old Mutual Zimbabwe anticipates an escalation in insurance claims emanating from the recently vicious Cyclone Idai that battered South Eastern parts of the country mid-March. The devastating incident affected varied economic sectors in Manicaland forcing big corporates and small to medium enterprises to close shop or downscale operations.
- businessweekly
- April 5, 2019
- 59 views
Global economy has lost momentum: Lagarde
Global growth has lost momentum since the start of the year, leaving the world economy in a “precarious” position, IMF managing director Christine Lagarde said. The global economy has weakened…
BCC to tap energy from graveyards
Vusumuzi Dube, Municipal Reporter THE Bulawayo City Council (BCC) will soon be embarking on an ambitious project to turn its cemeteries into solar farms as the local authority pushes the concept…
- businessweekly
- April 5, 2019
- 52 views
Edible oils producers stare at US$100m debts
Golden Sibanda COOKING oil producers are buckling under US$100 million external payments debts, as foreign currency shortages in the country continue taking a toll on their operations. Similar challenges last…
Civil servants welcome pay hike deal
Auxilia Katongomara, Chronicle Reporter CIVIL servants yesterday welcomed the cost of living adjustment announced by the Government on Wednesday. They, however, said Government should periodically review their salaries and conditions of…
- businessweekly
- April 5, 2019
- 198 views
Stock Market Weekly Review
The Zimbabwe Stock Exchange returned to the black last week as all indicators closed the week pointing northwards. Market watchers believe the tobacco selling season will significantly help the foreign currency shortages and improve liquidity on the market that have been negatively affecting the economy. Tobacco is the second single largest foreign currency earner after gold.
- businessweekly
- April 5, 2019
- 60 views
The decade of de-leveraging that wasn’t
This was the decade of de-leveraging that wasn’t. A decade ago, as the world began to piece the financial system back together after an epic credit crisis, there was agreement on one thing: Too much debt had caused the crisis, and so there must be a huge de-leveraging. It has not worked out like that.