daniel chigunwe
- businessweekly
- September 6, 2024
- 154 views
Statutory Reserve ratios limiting capital creation, economic growth
Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe’s decision to maintain high statutory reserve ratios on call and demand deposits has sparked heated debate among economists and industry experts, with concerns…
- businessweekly
- September 6, 2024
- 128 views
Zim has a US$3,7 bn financing gap, Vision 2030 elusive — AfDB
Tapiwanashe Mangwiro Zimbabwe faces a daunting challenge in its quest to achieve Vision 2030, with the African Development Bank (AfDB) in its latest country report estimating a staggering annual financing…
- businessweekly
- September 6, 2024
- 151 views
Impact of global events on business
Dr Keen Mhlanga Global events, ranging from economic crises to natural disasters, have profound impacts on businesses worldwide. These events can disrupt supply chains, alter consumer behaviour, and force companies…
- businessweekly
- September 6, 2024
- 202 views
Banking sector records ZiG10 billion in profits
Business Writer ZIMBABWE’S banking sector profitability remained sound in the first half of the year registering aggregate profits amounting to ZiG10,42 billion, according to the Reserve Bank of Zimbabwe (RBZ).…
- businessweekly
- September 6, 2024
- 132 views
Tigere REIT secures Highland Park Phase 2, expands portfolio
Business Writer The Tigere Real Estate Investment Trust (REIT) unit holders approved the investments trust’s request to acquire Highland Park Phase 2 at an Extraordinary General Meeting (EGM) which was…
- businessweekly
- September 6, 2024
- 149 views
State of Disaster extended for Zim’s roads
Business Writer President Mnangagwa has extended the State of Disaster country’s road infrastructure network until December 2026, in a development that will give the Government additional time to fix the…
- businessweekly
- September 6, 2024
- 66 views
Zim becoming destination for major cricket events
Last year’s World Cup men’s qualifier in Zimbabwe felt much more like a gigantic party than a nerve-jangling cricket event with major stakes. The smiles from giddy fans, many of…
- businessweekly
- September 6, 2024
- 87 views
Africa faces disproportionate burden from climate change and adaptation costs
On average, African countries are losing 2–5 percent of Gross Domestic Product (GDP) and many are diverting up to 9 percent of their budgets responding to climate extremes. In sub-Saharan…
- businessweekly
- September 6, 2024
- 170 views
Informal sector: A catalysts for growth or a threat to economic stability?
Economy Uncensored with Tapiwanashe Mangwiro Zimbabwe’s informal sector has often been portrayed as an economic enigma, praised for its contribution to employment and criticised for its perceived undermining of formal…
- businessweekly
- September 6, 2024
- 124 views
Zimplats struggles with softening PGM market
Oliver Kazunga Business Writer ZIMBABWE’S largest platinum miner Zimplats has reported a 20 percent decrease in revenue, for the financial year ended June 30, 2024, as avegare metal prices softened…