aurora
- businessweekly
- March 23, 2020
- 48 views
Coronavirus medical supplies donated by Alibaba’s Ma arrive in Ethiopia
ADDIS ABABA – The first batch of protective and medical equipment donated by Chinese billionaire and Alibaba co-founder Jack Ma was flown into the Ethiopian capital Addis Ababa on Sunday, as coronavirus cases in Africa rose above 1,100.
- businessweekly
- March 23, 2020
- 66 views
RBZ urges more use of electronic banking
The Reserve Bank on Saturday urged the public to use electronic banking services more, and financial institutions to make these more readily available and functional, as part of precautionary measures against Covid-19.
- businessweekly
- March 23, 2020
- 93 views
Seed-Co seeks to drive innovation
Zimbabwe’s seed manufacturing giant, Seed Co Limited recently held an awards ceremony for its innovation challenge in partnership with Boost Fellowship to promote innovation which is key in boosting the agricultural sector.
- businessweekly
- March 19, 2020
- 79 views
Price increases hit consumers
The prices of basic commodities have continued to rise, with sharp increases notable over the past month that reflect recent surges in the foreign currency exchange rate both on the official interbank market and the parallel market.
- businessweekly
- March 19, 2020
- 50 views
Credit markets flash red as coronavirus hits corporate America
From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will lead to bankruptcies, defaults and credit rating downgrades.
- businessweekly
- March 19, 2020
- 81 views
Rand weakens ahead of interest rate decision
South Africa’s rand tumbled to a more than four-year low on Thursday ahead of an interest rate decision, as the coronavirus pandemic sparked a flight away from riskier assets.
- businessweekly
- March 19, 2020
- 65 views
Covid-19: Emirates suspends flights to Zimbabwe, Zambia as Fastjet continues to service route networks
The world’s largest international airline, Emirates will, starting this Friday, suspend for 90 days daily flights from Lusaka and Harare to Dubai due to the global coronavirus outbreak. Emirates daily…
- businessweekly
- March 19, 2020
- 57 views
Afdis posts 35pc volumes dip
Listed wine and spirit maker Afdis total volumes for the six months ended 31 December 2019 declined 35 percent as reduced consumer spending took a toll on demand but revenue rose 25 percent to Z$223 million on replacement cost pricing.
- businessweekly
- March 19, 2020
- 62 views
Why are there so few coronavirus cases in Russia and Africa?
Since the COVID-19 pandemic began in Wuhan, China in December 2019, we have seen the virus spread to over 160 countries. Several countries have experienced large outbreaks, including China, South Korea, Italy, Iran, Spain and France, with the US and UK seeing rapidly increasing numbers. But most countries in the world have reported very few to no cases of COVID-19.
- businessweekly
- March 18, 2020
- 45 views
Four common debt traps: payday loans, consumer leases, blackmail securities and credit ‘management’
From Shakespeare’s Shylock to Dickens’ Ebenezer Scrooge to HBO’s Tony Soprano, characters who lend out money at exorbitant interest rates are unsavoury.