daniel chigunwe
- businessweekly
- June 16, 2023
- 75 views
‘Zim to miss economic, inflation targets’
Oliver Kazunga ZIMBABWE will not achieve this year’s economic growth target and inflation projection on account of the continued weakening of the domestic currency against the United States dollar, economic…
- businessweekly
- June 16, 2023
- 83 views
Hard haul ahead to clear debt
Zimbabwe’s debt burden is very large, a total of US$17,5 billion with US$14 billion owed to foreign creditors and US$3,5 billion, or its equivalent, owed in domestic debt. This has…
- businessweekly
- June 16, 2023
- 79 views
Power supply improves amid hope it sustains
Nelson Gahadza Industry says there has been improvement in the power supply situation in recent weeks and hopes this is sustained on a commercially viable scale. Zimbabwe’s power supply situation…
- businessweekly
- June 16, 2023
- 113 views
Zimplats capex projects hit US$400m mark
Michael Tome ZIMBABWE Platinum Mines (ZIMPLATS) says over US$400 million worth of investment programmes have thus far been implemented as part of the group’s envisioned US$1,8 billion expansion drive. The…
- businessweekly
- June 16, 2023
- 75 views
Middle class dumps DStv as interest rates, load shedding bites
MultiChoice continues to lose middle — and upper-income subscribers in South Africa, with the number of mid-market (read: Compact) customers declining by 3 percent since last year. It doesn’t disclose…
- businessweekly
- June 16, 2023
- 106 views
Let’s defend our national culture, righteousness
Charles Dahwa After reading what I am about to share with all of us as a nation, I have no doubt some will label me backward, not moving with the…
- businessweekly
- June 16, 2023
- 96 views
End to Nigeria currency peg causes biggest fall in naira’s history
Nigeria has abandoned its years-long currency peg and allowed the naira to trade freely, traders and local bankers said, prompting the biggest single-day fall in its history. The about-turn, which…
- businessweekly
- June 16, 2023
- 141 views
CBZ named among Africa’s best banks
Tapiwanashe Mangwiro CBZ Holdings, the country’s leading financial products and services provider, has been named among the best banks in Africa, a recent report shows. In its World’s Best Banks…
- businessweekly
- June 16, 2023
- 350 views
World copper excess stocks threaten local mines revival
Tapiwanashe Mangwiro Zimbabwe has been looking to revive its closed copper mines since 2022 due to favourable mineral prices, but the current events in the copper industry might derail or…
- businessweekly
- June 16, 2023
- 71 views
Supermarkets pay out £1,2bn to shareholders
Supermarket shareholders are set for a bumper £1,2 billion payout, thanks to rising food prices. As cash-strapped shoppers struggle to fill their trollies, investors in Tesco and Sainsbury’s will receive…