aurora
- businessweekly
- April 17, 2020
- 133 views
Zimnat launches inflation-proof funeral cover
BH24 Reporter Zimnat Life Assurance has launched an ‘inflation-proof’ funeral policy that provides for regular review of covers and premiums in order to hedge against inflation and maintain the value…
- businessweekly
- April 17, 2020
- 83 views
Employers struggle to meet salary obligations
Early indications are that many firms will struggle to pay April salaries as they are generating little or no income during the 21-day lockdown period, president of the Employers’ Confederation of Zimbabwe (EMCOZ) Dr Israel Murefu has said.
- businessweekly
- April 17, 2020
- 52 views
Restarting economies during Covid-19
Regions with significant ongoing transmission of Covid-19 should expect that restarting economic activity, before people are immune to the disease, will only lead to more transmission, economist from Mckinsey & Company have said.
- businessweekly
- April 17, 2020
- 63 views
SADC proposes tax bailouts for businesses
Governments should consider tax bailouts and exempting SMMEs from loan repayments for six months to enable business recovery, the SADC Business Council has said in the wake of the Covid-19 pandemic that has ravaged economies across the region.
- businessweekly
- April 17, 2020
- 104 views
NetOne re-engages ZTE over billing system
NetOne is reported to have re-engaged Chinese telecoms giant ZTE over the supply a billing system, five months after its board declared force majeure on the contract it had awarded to the company in 2017 due to currency reforms which saw the country removing the 1:1 peg for its surrogate bond notes and electronic dollars in February last year, it has been established.
- businessweekly
- April 17, 2020
- 80 views
Why Zim didn’t qualify for IMF debt relief
The International Monetary Fund (IMF) this week announced half a billion United States dollar debt service relief fund for the world’s poorest and vulnerable economies, chiefly to help them fight and contain the spread of the Covid-19 pandemic.
- businessweekly
- April 17, 2020
- 36 views
BAZ mobilises US$10m for Covid-19 fight
THE Bankers Association of Zimbabwe (BAZ) has announced plans to mobilise US$10 million through its members as part of corporates’ further contribution to the fight against the deadly Covid-19 global health pandemic.
- businessweekly
- April 17, 2020
- 82 views
Comesa REPSS pays dividends
The Common Market for Eastern and Southern Africa (Comesa) says over US$138 million has been transacted through the regional payment and settlement system (REPSS) by nine participating central banks including Zimbabwe in the past five years.
- businessweekly
- April 17, 2020
- 69 views
Natfoods can leverage on staples during Covid-19
While local businesses face headwinds due to effects of the coronavirus (Covid-19) pandemic, agro-industrial giant National Foods Limited is expected to keep its head above water on firm demand for staple foods.
- businessweekly
- April 17, 2020
- 105 views
Two earthquakes shake Kariba
TWO earth tremors were reportedly recorded in parts of the mid-Zambezi Valley area this week, near Zimbabwe’s biggest source of hydro power, Kariba Dam, is located.