aurora
- businessweekly
- February 25, 2020
- 45 views
Falling exports bring German economy to standstill in fourth quarter
BERLIN – Shrinking exports held back German economic activity in the fourth quarter of last year, detailed data showed on Tuesday, confirming that Europe’s largest economy was stagnating even before the coronavirus outbreak began.
- businessweekly
- February 25, 2020
- 59 views
Rand recovers as budget risk draws nearer
JOHANNESBURG – South Africa’s rand traded firmer early on Tuesday, recovering alongside fellow emerging markets currencies flattened in the previous session as investors worried about the rapid spread of the coronavirus outside of China.
- businessweekly
- February 25, 2020
- 135 views
Zim mopane worms for Europe – Zimtrade
Zimbabwe has potential to earn significant revenue from exports of mopane worms to Europe where they are highly sought after, an official has said.
- businessweekly
- February 19, 2020
- 99 views
South Africa’s energy crisis has triggered lots of ideas: why most are wrong
Since late last year South Africans have, once again, been subjected to power cuts by the power utility, Eskom. The need for what’s called loadshedding – planned power outages – led to the recent resignation of Eskom’s chairperson and a flurry of concern about the current and future reliability of electricity supply. It has also raised questions about the lack of progress in resolving Eskom’s financial and operational crises since Cyril Ramaphosa became the country’s president in early 2018.
- businessweekly
- February 19, 2020
- 47 views
Trump blasts proposed U.S. restrictions on sale of jet parts to China
WASHINGTON – President Donald Trump objected on Tuesday to U.S. proposals that would prevent companies from supplying jet engines and other components to China’s aviation industry and suggested he had instructed his administration not to implement them.
- businessweekly
- February 19, 2020
- 71 views
Eskom needs cash injection to avoid debt crisis – CEO
CAPE TOWN – South Africa’s ailing power utility Eskom urgently needs more cash to stabilise its ballooning debt pile with the funds coming from a rise in tariffs or new…
- businessweekly
- February 19, 2020
- 78 views
Pay up or lose title – miners told
Government has given mining title holders till the end of April to settle outstanding annual renewal fees or risk losing title, Cabinet resolved on Tuesday. Information, Publicity and Broadcasting Services…
- businessweekly
- February 19, 2020
- 84 views
Compensation for bank failure hiked
Government has increased the amount a depositor gets in compensation from a failed bank to $10 000 from $1 000, the Deposit Protection Corporation (DPC) said on Tuesday.
- businessweekly
- February 19, 2020
- 89 views
Mash Holdings rental income improves
Mashonaland Holdings rental income grew by 45 percent to close its first quarter to December 31, 2019 to push total revenues for the quarter to $10 million.
- businessweekly
- February 18, 2020
- 84 views
China to grant tariff exemptions on 696 U.S. goods to support purchases
BEIJING – China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to fulfill commitments made in its interim trade deal with the United States.