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- businessweekly
- June 15, 2020
- 116 views
Zim gets first cigar manufacturer
Mosi – Oa – Tunya Cigars is Zimbabwe’s first cigar producer, moving into a market niche that will help plug a value-addition gap in the country’s renowned tobacco industry.
- businessweekly
- June 15, 2020
- 54 views
Fitch sees SA economy contracting 5.5% this year
Ratings agency Fitch said on Friday it expected South Africa’s economy to shrink 5.5% this year, as the coronavirus lockdown batters an economy already in recession.
- businessweekly
- June 15, 2020
- 55 views
Stock market has almost always ignored the economy
The US stock market is fiddling while America burns, or so it seems to a lot of people.
- businessweekly
- June 15, 2020
- 45 views
Jobs gone, investments wasted: Africa’s deserted safaris leave mounting toll
When Khimbini Hlongwane spent most of his small safari tour company’s savings on the deposit for a new minibus in February, it seemed like a safe bet. His revenues had doubled in the previous year. And bookings by American, British, and Brazilian tourists hoping to catch a glimpse of elephants, giraffes and lions at South Africa’s famous Kruger National Park were up.
Engagement is not surrender
Some compatriots are confusing the New Dispensation’s re-engagement and engagement thrust as some kind of surrender.
President leads nation in prayer
AT a time when the world is adapting to a new normal birthed by the deadly coronavirus contagion, a virus that has no known cure, President Mnangagwa will today lead the nation in prayer and fasting as the country seeks divine answers to a disease that has turned lives upside down and wrecked economies globally.
- businessweekly
- June 15, 2020
- 74 views
It’s not about currency but stability, Mthuli
The raging currency debate that for long has occupied the economic discourse in Zimbabwe, should not be about having the Zimbabwe dollar in circulation, but on how to keep it stable, Finance and Economic Development Minister Mthuli Ncube has said.
Communal farmers dominate crop production
COMMUNAL farmers have delivered the bulk of the tobacco marketed so far, while the Second Round Crop and Livestock Assessment report has indicated that they will also score the highest maize yields from the 2019/20 summer cropping season.
- businessweekly
- June 15, 2020
- 57 views
2) ZSE unfazed by proposed mergers and delistings
The proposed mergers of African Sun and Dawn Properties as well as that of Zimre Holdings Limited and Zimre Property Investments is what capital markets are all about but should also act as a catalyst for the Zimbabwe Stock Exchange to get more listings on board as well as introduce more products, an official with the local bourse has said.
- businessweekly
- June 15, 2020
- 19 views
Covid-19 knocks exports to lowest in 3 years
The coronavirus pandemic knocked the country’s monthly exports to their lowest since January 2017 or before, latest statistics from Zimstat show.