aurora
- businessweekly
- March 27, 2020
- 29 views
Covid-19 downturn hits travel industry
The market’s latest storm has plunged the global travel industry into uncharted territory with BEACH stocks-booking, entertainment, airlines, cruises, and hotels-having US$332 billion in value washed away
- businessweekly
- March 27, 2020
- 56 views
March inflation projected to go up
Prices of basic goods, groceries in particular, reached unprecedented levels this month as manufacturers and retailers adjusted prices in line with recent depreciation of the Zimbabwe dollar, but March numbers are expected to come out even higher.
- businessweekly
- March 27, 2020
- 79 views
Old Mutual final dividend unchanged
Multi-listed diversified financial services group, Old Mutual Limited, declared a final dividend of 75 cents (rand) per share this week but stockholders on the Zimbabwe register and other secondary markets will be paid their local currency equivalent.
- businessweekly
- March 27, 2020
- 83 views
Poor liquidity takes knock on Natfoods
Agri-industrial concern, National Foods Holdings Limited, says poor liquidity has had a knock-on effect on its contract farming projects, although the industrial giant is continuing its support to increase food production in the country.
- businessweekly
- March 27, 2020
- 87 views
Covid-19: Double whammy for local manufacturers
Zimbabwe’s listed manufacturers that are struggling with low local demand for their products, now face perhaps an even bigger problem – a halt in production for a yet undetermined period of time due to the impact of the coronavirus (Covid-19).
- businessweekly
- March 27, 2020
- 89 views
Telecoms sector revenue up 181 percent
The telecommunications sector annual revenue for year 2019 surged 181 percent to $4,5 billion compared to $1,6 billion driven by price increases during the year due to inflation.
- businessweekly
- March 27, 2020
- 65 views
Olympics delay to cost Japan US$6bn
Japan is faced with the possibility of $6 billion in economic losses if the Tokyo Summer Games do not proceed as planned, now that Prime Minister Shinzo Abe and the International Olympic Committee acknowledged for the first time on Monday that a postponement was on the table due to the coronavirus pandemic.
- businessweekly
- March 27, 2020
- 69 views
Caledonia to weather supply chain disruption
London- and TSX-listed Caledonia Mining Corporation expects its Blanket mine, in Zimbabwe, to suffer some knock-on effects as a result of the three-week national lockdown in South Africa to curb the spread of Covid-19.
- businessweekly
- March 27, 2020
- 58 views
Disciplines of peak performance
“Four steps to achievement: Plan purposefully. Prepare prayerfully. Proceed positively. Pursue persistently.”
- businessweekly
- March 27, 2020
- 80 views
Munatsi for ZIDA: Right name, but work is cut out
On Tuesday this week, President Mnangagwa appointed Douglas Munatsi as the first chief executive officer for the newly established Zimbabwe Investment and Development Agency (ZIDA).