aurora
- businessweekly
- September 1, 2021
- 68 views
As stocks stay in red, investors sing the blues
Investors on the Zimbabwe Stock Exchange continued to sing the blues on Tuesday with all major indices trading in the negative territory.
- businessweekly
- September 1, 2021
- 120 views
Exchange rate crosses the 86 mark to the USD
The Zimbabwe dollar continued with its gradual weakening on the official foreign currency auction system amid a widening gap between the official exchange rate and the parallel market exchange rate.
- businessweekly
- September 1, 2021
- 115 views
Old Mutual Investment Group Zimbabwe diversifies portfolio
Old Mutual Investment Group Zimbabwe, plans to grow its exposure in tourism-oriented land holdings as it moves to diversify its property portfolio into foreign currency generating sectors, a senior official with the firm has said.
- businessweekly
- September 1, 2021
- 60 views
The dollar is falling against everything ahead of key jobs data
The greenback dropped against just about every major currency Tuesday as traders look to US jobs data this week for the next steer on market direction.
- businessweekly
- September 1, 2021
- 64 views
SA tobacco tax shortfall likely after sales ban, BAT says
British American Tobacco Plc sees South Africa failing to meet tobacco excise revenue targets after a lengthy ban on the sale of the products swelled illegal sales.
- businessweekly
- September 1, 2021
- 56 views
Dollar crunch turns Nigerian banks into Africa’s cheapest stocks
Nigerian banks are some of the cheapest stocks in Africa, more evidence of how a shortage of dollars in the continent’s largest economy is discouraging foreign investors.
- businessweekly
- September 1, 2021
- 69 views
SA minority investors to form activist group to take on Tongaat
A group of South African minority shareholders is coming together to press for change at debt-laden sugar producer Tongaat Hulett, its leader told Reuters, building on earlier efforts at Ascendis Health .
- businessweekly
- August 27, 2021
- 59 views
US may derail Zim SDRs plans
WHILE the International Monetary Fund (IMF) has warned members on the dangers of failing to properly deploy the US$650 billion Special Drawing Rights (SDRs) stimulus to offset the impact of Covid-19, Zimbabwe may face a somewhat different impediment in its quest to derive optimal benefits from the bailout.
- businessweekly
- August 27, 2021
- 44 views
Inflation slows, threatens to rear ugly head again
As largely expected, Zimbabwe’s annual inflation rate fell to the lowest level in close to three years in August, but the scourge threatened to rear its ugly head again.
- businessweekly
- August 27, 2021
- 116 views
SAA announces take-off date, Harare among routes
South African Airways (SAA) plans to take to the skies again from 23 September this year, it said in a statement on Wednesday afternoon.