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- businessweekly
- August 9, 2019
- 60 views
Tourism can help Africa tackle job crisis
Africa, and the developing world in general, is seized with finding sustainable solutions to the current challenges facing young people and the labour market of the future. The possibility of a digital economy, while real, presents a host of uncertainties that must necessarily be grappled with.
- businessweekly
- August 9, 2019
- 78 views
Generating sustainable economic growth
Generating rapid sustained economic growth in Zimbabwe remains one of the most pressing challenges to development. Zimbabwe has averaged an annual nominal growth rate of 5,66 percent in the last 10 years to 2018. The variability of these annual growth rates over the intervening period (lowest 0,6 percent in 2016 and 11,9 percent in 2011) would indicate susceptibility to external shocks and the rather tenuous foundations upon which much of this growth has been achieved. Indeed 2019 growth projection by IMF is estimated to come in at a negative 5 percent reflecting the numerous headwinds the economy is under siege from.
- businessweekly
- August 9, 2019
- 84 views
The Sables restoring national pride?
In the middle of economic turbulence, Zimbabweans have something to smile about in the world of rugby as the national team under their brand name The Sables, have brought not only joy, but restoration of national pride in Africa and the rest of the world.
- businessweekly
- August 9, 2019
- 104 views
Zesa needs fixing so Zimbabwe copes
Zimbabwe’s electricity supply is in a dreadful mess after more than a quarter century of misplanning and mismanagement and while the measures announced in the Supplementary Budget last week are about the best on the table, they can be a little more than a band aid over the next few months while some real graft is put in properly over the next few years.
- businessweekly
- August 9, 2019
- 132 views
Gold prices on a 6-year high
The price of gold has continued its rocket-shot of a week as the world’s financial markets are reeling; breaking to a six-year high above the major psychological line of $1…
- businessweekly
- August 9, 2019
- 95 views
Chemplex seeks to export into Zambia
Chemplex Animal and Public Health, a division of Chemplex Corporation, is looking at expanding its reach into the Zambian market and took advantage of the recently held Zambia Agriculture and Commercial Show to interact with potential customers and partners.
- businessweekly
- August 9, 2019
- 78 views
Padenga to venture into gold mining
Crocodile breeder Padenga Holdings Limited, has revealed plans to venture into gold production as the firm looks forward to diversify its operations away from the traditional crocodile skin products business.
- businessweekly
- August 9, 2019
- 295 views
US$67 000 weekly wage for Nakamba
Chipo Sabeta Zimbabwe International Marvelous Nakamba, who completed his move to Aston Villa last week in England from Belgium, is set to earn weekly wages around £55 000 (US$ 66…
- businessweekly
- August 9, 2019
- 66 views
The man who wrote 308 sonnets
Bulawayo-based and controversial poet, short story writer and actor, Philani Amadeus Nyoni, has bagged two National Art Merit Awards (NAMA), namely Outstanding first creative work in 2013 for “Once A Lover Always A Fool” and Outstanding Poet in 2016. He also holds the record for “Most Shakespearean Sonnets in a Manuscript”.
- businessweekly
- August 9, 2019
- 47 views
MTN raises $140m in divestment plan
JOHANNESBURG. — MTN Group Ltd raised R2,1 billion ($140,24 million) from asset sales in the first half of this year as part of a divestment plan to simplify its portfolio, Africa’s largest mobile network by subscribers said last Thursday after reporting a 9,3 percent fall in earnings.