daniel chigunwe
- businessweekly
- August 1, 2023
- 64 views
Election spend subdued, says Delta
Malvern Nkomo Zimbabwe beverage manufacturing giant, Delta Corporation (Delta), says a significant portion of sales is now going through informal channels while at the same time, the company has not…
- businessweekly
- August 1, 2023
- 69 views
RBZ maintains tight monetary policy stance amid ZWL shortages
Business Writer The Reserve Bank of Zimbabwe (RBZ) has held the benchmark interest rate to give time for the instituted economic stabilisation measures to have their full effect on the…
- businessweekly
- August 1, 2023
- 96 views
Zimre Holdings records 510 percent growth
Enacy Mapakame Zimre Holdings Limited’s property portfolio recorded 510 percent growth in total rental income for the five months to May 31, 2023 on the back of USD leases. The…
- businessweekly
- August 1, 2023
- 80 views
Prospect adequately resourced to fund exploration and drilling
Business Writer AUSTRALIA-LISTED resource exploitation concern, Prospect Resources, says it is adequately – resourced to support its ongoing and planned future exploration and drilling activities as the company holds strong cash reserves estimated at US$17,4 million.…
- businessweekly
- August 1, 2023
- 68 views
Telkom lifts as it reports performance pick up, but profit still takes load shedding hit
News24.com Shares in Telkom, SA’s third mobile operator, lifted more than 3 percent on Monday morning, when it reported a pick-up in performance for its first quarter to end-June, though…
- businessweekly
- July 31, 2023
- 67 views
Pricing dilemma as Delta sales more in USD
Business Writer The exchange rate volatility, coupled with fluctuations in market liquidity in both foreign currency and local currency, continue to create challenges for the formal sectors of the economy,…
- businessweekly
- July 31, 2023
- 108 views
Inflation, a true reflection of current situation, analysts
Tapiwanashe Mangwiro The Zimbabwe Statistics Agency (ZIMSTAT) said the country’s month – on – month and annual inflation cooled down in the month of July with food inflation accounting for…
- businessweekly
- July 31, 2023
- 88 views
Zimre income bulks 554 percent
Business Reporter Zimre Holdings (ZHL) says total income for the five months to May 2023, grew 554 percent to $22,36 billion from $3,42 billion in 2022, driven by an increase…
- businessweekly
- July 31, 2023
- 76 views
Researchers from Switzerland are using drones to monitor the health of the rainforest
Euronews A group of researchers from Zurich are in the running for the global XPRIZE Rainforest competition with their project employing custom-built drones to monitor the health of the rainforest.…
- businessweekly
- July 28, 2023
- 95 views
RBZ digital gold token transacting in a month
Golden Sibanda The Reserve Bank of Zimbabwe (RBZ)’s gold-backed digital tokens, Zimbabwe’s own commodity-backed version of central bank digital currency (CBDC), will start operating as a medium of exchange for…