Kariba proposes $54m budget
KARIBA Municipality has proposed a $54 million budget, underpinned by massive investment in capital projects such as water augmentation and sewer system upgrade.
Capital redemption allowances limits
Writing off the cost of capital assets through depreciation allowances is an important issue for extractive industries due to the significant upfront investments up and above the other operating expenditure.
Bureaux de change not allowed to transact with corporates
Bureaux de change are not allowed to transact with corporates or enter into twining arrangements with customers to prefund foreign currency purchases, according to a directive from the Reserve Bank of Zimbabwe released to industry players recently.
admin
- businessweekly
- October 9, 2019
- 28 views
Why South Africa needs to fix its troubled public broadcaster
The South African Broadcasting Corporation (SABC), the country’s legislated public broadcasting service, has been in the news for all the wrong reasons in recent times. The extent of its woes were laid bare in testimony at the judicial commission investigating allegations of corruption at various state institutions under former President Jacob Zuma.
- businessweekly
- October 9, 2019
- 108 views
Why South Africa needs to fix its troubled public broadcaster
The South African Broadcasting Corporation (SABC), the country’s legislated public broadcasting service, has been in the news for all the wrong reasons in recent times. The extent of its woes were laid bare in testimony at the judicial commission investigating allegations of corruption at various state institutions under former President Jacob Zuma.
- businessweekly
- October 9, 2019
- 29 views
Global stocks struggle as hopes fade for trade and Brexit deals
LONDON – European stocks steadied on Wednesday, but sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead and the U.S.-China trade dispute triggered another round of selling.
- businessweekly
- October 9, 2019
- 23 views
Global stocks struggle as hopes fade for trade and Brexit deals
LONDON – European stocks steadied on Wednesday, but sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead and the U.S.-China trade dispute triggered another round of selling.
- businessweekly
- October 9, 2019
- 51 views
Rand pauses slide as risk clouds gather
JOHANNESBURG – South Africa’s rand was little changed early on Wednesday as traders took profits on the dollar and braced for more volatility, with hopes fading for a trade truce between the United States and China.
- businessweekly
- October 9, 2019
- 27 views
Rand pauses slide as risk clouds gather
JOHANNESBURG – South Africa’s rand was little changed early on Wednesday as traders took profits on the dollar and braced for more volatility, with hopes fading for a trade truce between the United States and China.
- businessweekly
- October 9, 2019
- 30 views
Zim, EU forge ahead with re-engagement
HARARE – The Zimbabwe government and the European Union (EU) will convene another round of political dialogue next month as part of the resuscitated engagement forum between the two, a senior government official said on Tuesday.