aurora
- businessweekly
- October 5, 2021
- 92 views
SA: Inflation impact may be worse than the figures suggest
Many believe South Africa’s inflation is higher than the official figures state.
- businessweekly
- October 1, 2021
- 79 views
CBZ in $3bn fertiliser supply contract breach
Sable Chemicals, the country’s sole producer of ammonium nitrate has received $335 million out of nearly $1,5 billion that was targeted for the period between April and August under a contract it entered with CBZ Agro Yield for the supply of top dressing fertiliser for Command Agriculture, Business Weekly can exclusively reveal.
- businessweekly
- October 1, 2021
- 72 views
Inflation targets off rails
The Reserve Bank of Zimbabwe’s quest to have annual inflation slow down to between 25-35 percent by year-end is now off rails and will remain so if something is not done to ease inflationary pressures experienced in the last two months.
- businessweekly
- October 1, 2021
- 88 views
No basis for exchange rate volatility: RBZ
There is no basis for exchange rate volatility in Zimbabwe, particularly on the open market where the domestic unit keeps losing ground against the greenback, the central bank said this week citing strong economic fundamentals.
- businessweekly
- October 1, 2021
- 96 views
Invictus completes oil, gas well designs
INVICTUS Energy, the Australian firm searching for oil and gas in Zimbabwe, says a contractor has completed the well design for its Muzarabani project ahead of actual exploratory or test well drilling in the first half of 2022.
- businessweekly
- October 1, 2021
- 68 views
Embrace paradigm shift in economy: Chiwenga
The Zimbabwe economy can no longer be broken down into formal and informal sectors, but should instead recognise everyone engaged in economic activity across micro, small and medium enterprises sectors, according to Vice President Dr Costantino Chiwenga.
- businessweekly
- October 1, 2021
- 96 views
$8bn sink in ICT equipment, services: Survey
Zimbabweans used a cumulative $8 billion (US$133,3 million) in information and communication technology (ICT) equipment and services in one year as the nation continues to move towards a digitally enabled economy, according to latest report.
- businessweekly
- October 1, 2021
- 180 views
Zim eyes alternative cash crops to tobacco
Crop diversification is one of the most cost-effective ways of reducing uncertainties in incomes among small-scale farmers.
- businessweekly
- October 1, 2021
- 29 views
Zimpapers posts inflation beating interim results
Integrated media house, Zimpapers (1980) Limited, posted inflation beating financial results for the half year ended June 30, 2021 and expects to leverage on disruptive innovation going forward.
- businessweekly
- October 1, 2021
- 80 views
LAST WORD: Chasing black market not an option
The black market is one of the most opaque and spread-out “so-called markets” in Zimbabwe with a very wide range of drivers, a range of manipulators and despite the fact that it can only work where there is a reasonable degree of trust, a difficulty in getting information, or at least accurate information.