SA bank profit slumps
South African consumers and businesses that have fallen on hard times due to the impact of the Covid-19 pandemic were the biggest drag on Standard Bank in the first six months of 2020, causing the group’s headline earnings to tank 44 percent to R7,5 billion.
Vokurudzirwa kuita hutsanana
Kingstone Mapupu MADZIMAI echidiki anogara muZvishavane, kuMidlands, ari kushanda neveruzhinji mudhorobha iri kurwisa chirwere cheCovid-19. Mutungamiri wechikwata chemadzimai ichi, Muzvare Mercury Chanetsa (40) – uyo anonyanya kuzivikanwa mudhorobha iri saAntie…
Bvunzo: ‘Gadziriro dziri mugwara’
Munyori weKwayedza BAZI redzidzo yepuraimari nesekondari rinoti riri mushishi yekutora matanho ekuona kuti nguva yose yakaraswa vadzidzi vasiri kuenda kuchikoro nekuda kwechirwere cheCovid-19 yadzoreredzwa kuitira vaya vari kuzonyora bvunzo munaMbudzi.…
Mota dzemapurisa dzorwisa Covid-19
Kingstone Mapupu CHIKAMU chemapurisa eZimbabwe Republic Police, cheSupport Unit, chiri kurwisa kupararira kweCovid-19 kuburikidza nekusevenzesa motokari dzinoshandiswa mukuchengetedza runyararo kufirita nzvimbo dzakasiyana nemushonga unouraya hutachiona hwecoronavirus uho hunokonzera Covid-19. Mutauriri…
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- businessweekly
- August 22, 2020
- 88 views
Local vehicles production plunges
Martin Kadzere Local vehicles production has plunged to unprecedented levels, with Willowvale Motor Industries (WMI), not recording any production in the last five months due to low demand and foreign…
- businessweekly
- August 22, 2020
- 58 views
Target incentives for Zim oil project
Business Writer INVICTUS Energy, the Australia listed junior miner developing Zimbabwe’s potential maiden oil and gas mine, has offered two key directors shares to incentivise their performance, as it seeks…
- businessweekly
- August 22, 2020
- 60 views
Central Bank entrenches forex auction
Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) on Friday introduced a raft of measures to buttress efficiency of the foreign exchange auction while eliminating deficiencies in the mobile banking…
- businessweekly
- August 22, 2020
- 94 views
Zim ready for an open foreign currency exchange trading market
Misheck Ugaro The foreign exchange auction trading system was introduced on 23 June 2020. It took just about four auctions for the market to start accepting that the system was…
- businessweekly
- August 22, 2020
- 76 views
Accounting watchdog finds Anoj Singh guilty
Londiwe Buthelezi Anoj Singh has had his membership of the South African Institute of Chartered Accountants revoked after he was found guilty in a disciplinary hearing. Singh was the former…
- businessweekly
- August 22, 2020
- 67 views
Woolworths plans to strengthen ailing Australian retailer David Jones
Woolworths has been weighed down ever since acquiring Australian unit, David Jones, six years ago. The company, along with its recently appointed CEO, Roy Bagattini, say they have a plan…