adminDollar black market seizes up in Egypt
Egypt’s black market in US dollars appeared to screech to a halt Wednesday, as traders struggled to compete with a plunge of as much as 14 percent in the official…
South Africa’s cement industry under threat
The sustainability of South Africa’s cement and concrete industry is being threatened by multiple challenges. These include economic decline, cheap imports, rising input costs and the crisis in the construction…
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- businessweekly
- January 13, 2023
- 59 views
Bentley delivered 15,174 cars in 2022
Bentley delivered 15,174 cars in 2022 — a 4 percent increase on 2021 and the first time Bentley has ever sold more than 15,000 cars in a single year. Bentley…
- businessweekly
- January 13, 2023
- 77 views
Zim delegation to tour Dubai on study tour of smart cities
Enacy Mapakame The concept of smart cities is gathering pace in Zimbabwe as it emerged several Government officials and private sector representatives are set to tour Dubai next month, in…
- businessweekly
- January 13, 2023
- 283 views
Court rescues Chivayo’s US$172m solar contract
Business Writer State power utility, Zimbabwe Power Company (ZPC), must proceed to engage and allow Intratrek Zimbabwe to implement the multi-million dollar Gwanda solar project after the High Court granted…
Lithium: A magic metal?
James Marinero Lithium seems to be cropping up in news stories on a daily basis so I thought I take a closer look at the metal and some of its…
- businessweekly
- January 13, 2023
- 63 views
Egypt’s pound sinks to new low
Egypt’s pound plunged on Wednesday to a record low, in the latest sign of the country’s severe foreign currency crunch two months after Cairo agreed a $3bn rescue loan from…
- businessweekly
- January 13, 2023
- 133 views
2023 platinum output projected at 508 000 oz
Tapiwanashe Mangwiro Zimbabwe platinum production is poised to hit 502 000 ounces (oz) in 2023, said the World Platinum Investment Council (WPIC) in its latest quarterly global production report. The…
Zelensky government expands media censorship
Jason Melanovski Amid the intensification of its NATO-backed war with Russia, the government of Ukrainian President Volodymyr Zelensky has passed a bill that grants Ukraine’s National Council of Broadcasting sweeping…
- businessweekly
- January 13, 2023
- 63 views
World Bank maintains Zim’s economic growth target
Nelson Gahadza Senior Business Reporter The World Bank (WB) has maintained that Zimbabwe’s economy will grow by 3,6 percent this year against the Government’s 3,8 percent. According to the WB…