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- businessweekly
- July 26, 2019
- 57 views
WTO new restrictions hit trade flows
Trade flows hit by new restrictions implemented by WTO members continued at a historically high level between mid-October 2018 and mid-May 2019, according to the Director-General’s latest mid-year report on trade-related developments presented to members on July 22.
- businessweekly
- July 26, 2019
- 62 views
Boosting financial inclusion by harnessing ID ownership
Having an ID is almost always a requirement for opening an account. Within sub-Saharan Africa, 83 percent of commercial banks require a government-issued ID to open an account and regionally, a quarter of adults who have no account at a financial institution say a lack of documentation is one reason why they are unbanked. Half of the unbanked in Madagascar and Zimbabwe cite documentation as a barrier, as do about a third or more in economies such as Guinea, Lesotho, Niger, and Zambia.
- businessweekly
- July 26, 2019
- 68 views
Small is the new big
What I will remember at my nephew’s wedding is the Master of Ceremony. This lanky, funny young man is what I would call a total package, the real deal. He had jokes, he could dance and above all left us all happy. ( I could not help but envy his wife — such a happy home) What was most remarkable was the ease with which he belted a joke that fitted with any particular situation during the ceremony. Though he is obviously what we call a “pro” at his work, I could not help but wonder how much time and dedication he has invested in becoming what he is today.
- businessweekly
- July 26, 2019
- 75 views
Stabilising Zim dollar through manufacturing
After the banning of the use of the basket of foreign currencies through Statutory Instrument SI 142 there is now talk of how to increase the amounts of foreign currency revenues from exports. According to those experts who are talking of this need, the idea is to stabilise the newly introduced Zimbabwe dollar through the accumulation of adequate foreign reserves, the US dollar being the implied currency making up the bulk of these reserves. The assumption behind this thinking is that our currency needs the US dollar to stabilise it.
- businessweekly
- July 26, 2019
- 49 views
US importers embark on major revamps of product lines
SHANGHAI/NEW YORK. — When U.S President Donald Trump tweeted in May his intention to raise tariffs on Chinese goods, management at California-based NewAir Appliances knew they needed to do something or their business would be in trouble.
- businessweekly
- July 26, 2019
- 55 views
Huawei’s US research arm slashes jobs
HONG KONG. — China’s Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States, after being blacklisted by the…
- businessweekly
- July 26, 2019
- 70 views
Raven Duchess and All That Jazz
“I can no longer endure the dreadful sound of jazz. It pains my ears like a rusted, broken pipe that leaks acid straight onto my heart.” Said nobody ever.
- businessweekly
- July 26, 2019
- 122 views
Netball: A game of height
Sport, generally, is all about competition.
- businessweekly
- July 26, 2019
- 206 views
Stock Market Weekly Review
The Zimbabwe Stock Exchange (ZSE) faltered during the week on Wednesday, reversing gains that were registered in the prior week.
- businessweekly
- July 26, 2019
- 70 views
Rebate of duty on inherited goods
Certain goods belonging to a deceased person who has been resident outside Zimbabwe can be brought into the country duty free as per the Customs and Excise Act Chapter 23:02…