happiness Chikwanha
- businessweekly
- May 28, 2019
- 65 views
Panasonic halts component shipments to Huawei
Panasonic has halted shipments of some components to Huawei to comply with proposed US export restrictions in the latest setback for the Chinese telecoms equipment maker.
- businessweekly
- May 28, 2019
- 81 views
US firms in China moot relocation
About a fifth of US companies in China are considering moving some or all of their production out of the country to deal with the trade tensions, and a third are delaying or cancelling investment decisions, according to a survey of 239 American firms in the market.
- businessweekly
- May 28, 2019
- 78 views
Take up accounting profession, women told
Institute of Chartered Accountants of Zimbabwe (ICAZ) networking platform for female members — Women Chartered Accountants NetWork (WeCan), is targeting to increase women participation in the sector to 50 percent by 2021.
- businessweekly
- May 28, 2019
- 68 views
Treasury Bill Auction System set for Q4
The Treasury Bill Auction System will be operational by the start of the fourth quarter of this year, Finance and Economic Development Minister Mthuli Ncube has said.
- businessweekly
- May 28, 2019
- 84 views
Small businesses suffer as power cuts continue
Nelson Masaka heaves a hindquarter of beef on his shoulder from a truck and trudges inside his butchery shop, wondering how he would survive Zimbabwe’s worst power cuts in three…
- businessweekly
- May 28, 2019
- 92 views
Border reports slump in timber production
Forestry and sawmilling concern, Border Timbers says lumber production volumes for the eight months to February 2018 declined 26 percent compared to the same period last year due to power outages experienced in the trading period.
- businessweekly
- May 28, 2019
- 74 views
Foreign investors pile into Delta
Zimbabwe Stock Exchange (ZSE) biggest company by market capitalisation — Delta — as well as biggest insurance group — Old Mutual have remained attractive to foreign investors despite the challenges the economy faces.
- businessweekly
- May 28, 2019
- 77 views
Zesa overuses Kariba by 57 percent
Zimbabwe is now generating significantly less power at Kariba South than the plant’s rated capacity. This is after it exceeded its allocated ration by 57 percent in the first quarter of this year, as it battled supply challenges at Hwange Power Station.
- businessweekly
- May 28, 2019
- 59 views
Mineral output falls in Q1
Growth of Zimbabwe’s mining industry will rebound by end of the year if teething issues, chief among them ‘low’ foreign currency retention thresholds and delayed payments to gold miners are resolved, captains of the mining industry have said.
- businessweekly
- May 28, 2019
- 21 views
RBZ warns banks over forex abuse
The Reserve Bank of Zimbabwe (RBZ) has warned it will take punitive action against banks flouting exchange control regulations after noting rampant abuse of nostro (domestic) foreign currency accounts (FCAs).