aurora
- businessweekly
- October 23, 2020
- 51 views
Auction system pays off for manufacturers
Business Writer The auction system introduced by the monetary authorities towards the end of June this year, is paying off for manufacturers as it has significantly improved access to foreign…
- businessweekly
- October 23, 2020
- 72 views
IMF forecasts Zim economy to grow 4,2pc
Golden Sibanda The International Monetary Fund (IMF) has projected Zimbabwe’s economy to rebound next year and grow 4,2 percent from a decline of 10,2 percent forecast for 2020, as the…
- businessweekly
- October 23, 2020
- 80 views
Prohibitive borrowing costs hit local firms
Martin Kadzere Borrowing costs in Zimbabwe are becoming “increasingly” prohibitive due to prevailing liquidity crunch with local firms struggling to obtain working capital loans at current bank interest rates of…
- businessweekly
- October 21, 2020
- 74 views
Dealers call for removal of 14 pc VAT on rice
Business Writer Players in rice supply chain have appealed to Government to reconsider a 14.5 percent Value Added Tax (VAT) charge on the commodity. A Government VAT payment request in…
- businessweekly
- October 21, 2020
- 75 views
Value chain bottlenecks strain Arenel capacity
Business Writer BULAWAYO-based diversified food manufacturing firm, Arenel, says its operations are being severely constrained by value chain bottlenecks linked to the pricing of its key raw materials – sugar…
- businessweekly
- October 21, 2020
- 116 views
Zimplow diversifies into transport and logistics
Oliver Kazunga ZIMPLOW shareholders have approved the company’s plans to diversify into transport and logistics industry as it seeks to expand business. The firm is listed on the Zimbabwe Stock…
- businessweekly
- October 21, 2020
- 123 views
Airline plans Victoria Falls-Joburg flights by December
Business Writer LOW-COST airline, Fastjet Zimbabwe, says it would re-introduce flights between Victoria Falls International Airport and OR Tambo International Airport in Johannesburg, South Africa early December. The new service…
- businessweekly
- October 20, 2020
- 40 views
China’s upbeat economic recovery offers much-needed hope, optimism
By Xinhua writer Ma Qian BEIJING, Oct. 19 (Xinhua) — China’s economic recovery posted an evident acceleration in the third quarter (Q3) among a flurry of key indicators that show an…
- businessweekly
- October 20, 2020
- 58 views
Brexit saga drags on
All three main indexes on Wall Street ended more than one percent down. And while Asia fared better, traders remain cautious. Tokyo, Hong Kong, Sydney, Taipei, Singapore, Jakarta and Bangkok…
- businessweekly
- October 20, 2020
- 77 views
JSE imposes maximum fine on Steinhoff for publishing incorrect and misleading info | Fin24
Jan Cronje The Johannesburg stock exchange has fined retailer Steinhoff a total of R13.5 million for breaching its listing requirements. This includes a maximum possible fine of R7.5 million for…