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- businessweekly
- November 1, 2019
- 110 views
‘Powerful countries’ steer away from greenback
The US dollar has been the world’s major reserve currency for decades, but that status could come under threat as “very powerful countries” seek to undermine its importance, warned Anne…
- businessweekly
- November 1, 2019
- 86 views
Zim fuel prices comparable to region
Tawanda Musarurwa Zimbabwe’s prices for petrol and diesel — in United States dollar terms — are largely comparable to what is obtaining in the region, a report by MHMK Capital…
- businessweekly
- November 1, 2019
- 85 views
Govt guarantees loans to agric sector
Golden Sibanda in Victoria Falls Government has reiterated its pledge to guarantee all loans that banks will extend to commercial farmers under the revamped Smart Agriculture Concept, previously known as…
- businessweekly
- November 1, 2019
- 76 views
Here’s what’s fuelling the economy
Business Writer Zimbabwe might be experiencing limited supplies of fuel, but the little that is being sold is helping Government generate the bulk of the country’s revenues, Treasury figures for…
- businessweekly
- November 1, 2019
- 70 views
Liquidity crisis hits Edgars
Michael Tome and Panashe Chikonyora CLOTHING retail giant, Edgars Stores Limited, says it continued to experience a decline in products uptake in the half-year period to July owing to subdued…
- businessweekly
- November 1, 2019
- 67 views
IDBZ ramps up housing, irrigation projects
Kumbirai Tarusarira The Infrastructure Development Bank of Zimbabwe (IDBZ) has partnered Zvishavane Town Council in the development of low density housing stands. The bank has also invited prospective partners to submit…
- businessweekly
- November 1, 2019
- 110 views
Masiyiwa’s Mascom bid flops
South African telecoms major MTN Group Ltd has ditched a plan to sell its 53 percent stake in Mascom Wireless Botswana, which was supposed to net the company $300 million.…
- businessweekly
- November 1, 2019
- 65 views
Exchange rate stabilises in October
Business Writer The Zimbabwe dollar remained largely stable in the month of October, with the interbank foreign exchange rate shifting by a marginal 3,1 percent from 15,1979 to the United…
Bosso juggernaut rolls
Ricky Zililo, Senior Sports Reporter Highlanders 3-1 Yadah HIGHLANDERS’ juggernaut continued to roll, stretching their unbeaten run in the Castle Lager Premier Soccer League to eight games, in the process jumping…
Bread price slashed
Business Editor SIMBISA Brands subsidiary, Bakers Inn Bakeries, has reduced to $14 the price of a loaf of bread from $15,75 in response to a Government subsidy in the supply…