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- businessweekly
- July 15, 2020
- 100 views
Official forex rate adjusts 4.6 pc to $68,88
Zimbabwe’s official rate adjusted by 4,6 percent to $68,88 from $65,80 previously, following the conclusion of the fourth foreign currency auction yesterday.
- businessweekly
- July 15, 2020
- 43 views
Month on month inflation for June races to 31.66 pc
Prices of goods and services in the country skyrocketed in the month of June with the month on month inflation rate for the month racing to 31,66 percent, according to Zimstat.
- businessweekly
- July 15, 2020
- 50 views
Zim got US$924 million in remittances in 2019
Secondary Income, the bulk of which were remittances, helped Zimbabwe record a current account surplus for the first time in years according to the 2019 Annual Budget and Economic Review Report released by Treasury last Friday.
- businessweekly
- July 15, 2020
- 35 views
Banks have capacity to lend corporates
Local banks have significant financial capacity to lend to corporates that require working capital to support recovery from the Covid-19 pandemic, recent economic research findings have revealed.
- businessweekly
- July 15, 2020
- 18 views
TSL mulls regional expansion
Listed diversified firm, TSL Limited, is mulling regional expansion a move that will enhance its foreign currency exposure at a time Zimbabwe is experiencing limited access.
- businessweekly
- July 15, 2020
- 154 views
Zim names customs dry ports
Government has designated Masvingo, Bulawayo, Makuti, and Mutare as the country’s customs dry ports, according to a Statutory Instrument 55 of 2020 gazetted by Finance and Economic Development Minister Mthuli Ncube.
- businessweekly
- July 15, 2020
- 98 views
Porous borders costing Zim US$1 bln annually
Ineffective border controls and loopholes within security and customs administration processes at Beitbridge Border Post, might be costing Zimbabwe US$1 billion in potential customs duty revenue annually, captains of industry and authorities have confirmed.
- businessweekly
- July 15, 2020
- 47 views
SA’s mining output plunges in May despite easing of restrictions | Fin24
South Africa’s mining production declined 29.8 percent year-on-year in May, as the government eased Covid-19 regulations to allow for a phased return to production for the industry.
- businessweekly
- July 15, 2020
- 59 views
Huawei says UK ban threatens to move UK into digital slow lane
Chinese technology company Huawei said Tuesday that the British government’s move to ban the company’s involvement in the country’s 5G networks is a “disappointing decision” which “threatens to move Britain into the digital slow lane, push up bills and deepen the digital divide.”
Using music to spread Covid-19 messages
Zimbabwean artists are doing a sterling job in educating people on Covid-19 issues through music.