‘Auction system to stabilise Zimdollar’
Prosper Ndlovu Bulawayo Bureau The country’s largest industrial body, the Confederation of Zimbabwe Industries (CZI), is confident the introduction of the foreign currency auction system would yield the desired currency stability …
Edgars’ $70m capital raise gets shareholder approval
Tawanda Musarurwa Senior Business Reporter Clothing retailer Edgars Stores Limited’s shareholders have approved the company’s proposed $70 million capital raise. The agenda was approved during an extraordinary general meeting (EGM) on June…
admin
- businessweekly
- June 26, 2020
- 65 views
Business lessons my father taught me
Joseline Sithole As we celebrate this year’s Father’s Day, I would like to reflect on the lessons that my father, Osbert Mwaziya Sithole Piteri taught me. Now in his 80s,…
- businessweekly
- June 26, 2020
- 73 views
Export growth helps ART sidestep challenges
Tawanda Musarurwa Listed diversified manufacturer, ART Corporation, recorded a 23 percent jump in export volumes in the first half to March 31, 2020, which contributed to revenue growth during the…
OK downbeat on volumes
Enacy Mapakame Business Reporter Retail giant OK Zimbabwe is downbeat of its volume performance during the first quarter of the current financial year due to disruptions caused by the Covid-19 pandemic.…
Chronicle Editor
- Chronicle
- June 26, 2020
- 81 views
Where is Felton Kamambo?
Ricky Zililo, Senior Sports Reporter WHEN Zifa president Felton Kamambo was ushered into office in December 2018, he promised to be a unifier, but 18 months later, the Southern Region…
- businessweekly
- June 26, 2020
- 89 views
Will Zisco work again?
Business Writer For the umpteenth time, the Zimbabwe Iron and Steel Company, will soon be on the market seeking an investor to revive once Africa’s largest integrated steel giant. This…
- Chronicle
- June 26, 2020
- 50 views
SA investor partners R20m Insiza irrigation project
Sukulwenkosi Dube-Matutu, Gwanda Correspondent FARMERS in Insiza district have partnered a South African based investor to rehabilitate an 800-hectare irrigation project at an estimated cost of about R20 million. The…
Zambia reopens international airports
LUSAKA. — Zambian President Edgar Lungu yesterday announced the reopening of his country’s air borders and airports to boost the economy, which had been undermined by restrictions imposed to combat…