daniel chigunwe
- businessweekly
- May 5, 2023
- 112 views
Continued US dollar use fuelling trade deficit
Michael Tome ANALYSTS say the accelerated re-dollarisation drive being witnessed is fuelling Zimbabwe’s trade deficit, as United States Dollar continues to dominate as a legal tender in the local economy.…
- businessweekly
- May 5, 2023
- 107 views
RBZ ‘scraps’ surrender on selected USD sales
Business Writers Local firms with significant US dollar borrowings have been handed some timely relief after the central bank scrapped statutory surrender requirements on receipts from domestic sales. The new…
- businessweekly
- May 5, 2023
- 69 views
Dollarisation making monetary instruments lose grip
Economy Uncensored with Tapiwanashe Mangwiro The country has been grappling with a highly volatile currency, which has been depreciating rapidly and has lost over 50 percent of its value year…
- businessweekly
- May 5, 2023
- 86 views
Zimplow joins great trek to VFEX
Nelson Gahadza Zimplow has its sights on listing on the Victoria Falls Stock Exchange (VFEX) with the Board having already approved de-listing the company from the Zimbabwe Stock Exchange (ZSE).…
- businessweekly
- May 5, 2023
- 156 views
Ready up for LIBOR end, RBZ tells banks
Business Writer The Reserve Bank of Zimbabwe (RBZ) has directed banks to start engaging their clients in preparation for the June 2023 phase-out of the London Interbank Offered Rate (LIBOR)…
- businessweekly
- May 5, 2023
- 95 views
Zim has megabrand potential
Dr Musekiwa Tapera If a brand such as Zimbabwe finds itself stale and boring, it is because it is not creative, innovative and refreshing enough to present itself to the…
- businessweekly
- May 5, 2023
- 244 views
Elements of Passing Off
Arthur Marara In the previous article, we started a conversation on passing off and how it constitutes wrongful competition. The remedy is available at common law for an affected party…
- businessweekly
- May 5, 2023
- 74 views
Stock Market Weekly Review
ZIMBABWE Stock Exchange (ZSE) total market value for the week rushed 10,85 percent to close at 3,63 trillion from 3,28 trillion recorded last week with Year To Date (YTD) gains…
- businessweekly
- May 5, 2023
- 131 views
AirZim to resume London flights, hired plane to service route
Business Writer National flag carrier, Air Zimbabwe, intends to hire a long-haul aircraft to service Harare – London route, more than a decade the airline stopped serving one of its…
- businessweekly
- May 5, 2023
- 91 views
Companies focus on cost rationalisation
Nelson Gahadza Zimbabwe’s operating environment remains complex hence companies are focusing more on cost rationalisation as production costs remain high. The companies contend that the environment has been arduous, characterised…