adminZimbabweans keep plowing ahead
No matter what falls on us we keep plowing ahead, that is the only way we keep the road clear, once said Greg Kincaid. Let us be grateful for the…
Oil drops
Oil prices fell yesterday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the coronavirus pandemic pummels demand. Brent crude…
Woolworths profit falls
South African retailer Woolworths expects profit for the 52 weeks to June 28 to fall more than 20 percent year on year, hit by a drop in sales owing to…
Zimbabwean on Forbes Africa list
Tawanda Musarurwa Senior Business Reporter Zimbabwean youthful businessman, Paul Makaya, has been named in the Forbes Africa’s 30 Under 30 list. Paul is the founder and chief executive of Bergast…
SA rand falls
ZAR has smashed its record low value against the greenback. In March, it breached the R18-mark, then went past R18,50, and over the weekend, it’s tumbled through the R19 barrier.…
‘U25s Covid-19 victims’
Young workers, the worst paid and women will be most affected economically by the coronavrius, a study has found. A “remarkable concentration” of those groups are employed in sectors that…
Gold price jumps
Gold jumped more than 1 percent to a more than one-week high yesterday as worries over a global economic slowdown caused by the coronavirus pandemic drove investors to the safe-haven…
Low demand affects WMI, Nissan deal
Martin Kadzere Senior Business Reporter The Industrial Development Corporation of Zimbabwe (IDCZ), says negotiations to assemble Nissan vehicles at its Willowvale Motor Industries plant in Harare have been hindered by…
China offers bailout, programs to restaurant industry
SHENYANG. — Huo Chunlei, who runs a hotpot restaurant in Shenyang, capital of northeast China’s Liaoning Province, said he did not lay off any of his staff, although the restaurant…
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- businessweekly
- April 6, 2020
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Local Chinese tobacco merchants seek COVID19 lockdown exemption
Chinese tobacco merchants are engaging Government with a view to get an exemption from the ongoing national lockdown and be granted the green light to continue exporting the golden leaf.