daniel chigunwe
- businessweekly
- January 26, 2024
- 86 views
Zimdollar woes leave banks jittery
Business Writers Income from banks’ core businesses has plummeted as banks adopt a more cautious approach in lending given the volatility of the local currency, a latest report shows. According…
- businessweekly
- January 26, 2024
- 81 views
Of debt clearance and sanctions conundrum
Economy Uncensored with Tapiwanashe Mangwiro Zimbabwe has been on a drive to come up with a solution to clear its foreign and domestic debt such that it begins to borrow…
- businessweekly
- January 26, 2024
- 137 views
Zim looks to China to secure place in EV battery supply chain
Wonder Mushove stared blankly at plumes of red dust billowing into the sky as more than 30 trucks carrying loads of lithium ore rumbled past his newly-built house in Buhera,…
- businessweekly
- January 26, 2024
- 79 views
Local currency ‘hot potato’ pressure
Last Word The commercial banks, through their setting of the exchange rates by adjusting their ask and bid rates, are in the process of another devaluation of the Zimbabwe dollar…
- businessweekly
- January 26, 2024
- 130 views
Tongaat rescue plan to drive group, subsidiaries into the future
Enacy Mapakame The implementation of a business rescue plan at sugar processor, Tongaat Huletts, is expected to help chart the future for the group and its subsidiaries, including local operation…
- businessweekly
- January 26, 2024
- 82 views
Annual reports, their impact to stakeholders
Bryan K Nyakabawo An annual report is a comprehensive document that publicly traded companies are required to produce and distribute to their shareholders. It provides a detailed overview of the…
- businessweekly
- January 26, 2024
- 96 views
Mash Holdings pins hopes on portfolio diversification
Michael Tome PROPERTY research and development firm, Mashonaland Holdings, says it remains focused on implementing its portfolio diversification strategy in a bid to ensure sustainable growth and delivery of its…
- businessweekly
- January 26, 2024
- 125 views
Zimra gives small businesses six-month reprieve
Business Writer The Zimbabwe Revenue Authority (ZIMRA) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues. Revised guidelines…
- businessweekly
- January 26, 2024
- 97 views
Premier African Minerals to procure new ball mill from SA
Business Writer ZIMBABWE focused diversified mining group, Premier African Minerals, has procured a new ball mill from South Africa custom built for the Zulu lithium and tantalum project in Insiza…
- businessweekly
- January 26, 2024
- 94 views
Maize imports to choke current account in 2024
Business Writer Zimbabwe’s current account balance will decline considerably further if imports of maize are required to fulfil demand amid the El Nino-induced drought, according to IH Securities. Countries recording…