daniel chigunwe
- businessweekly
- July 13, 2023
- 57 views
IDCZ increases size of revolving loan facility to businesses
Business Writer The Industrial Development Corporation of Zimbabwe (IDCZ) has increased the size of its revolving credit facility from $24 million since it began the lending role in 2019 to…
- businessweekly
- July 13, 2023
- 117 views
Border Timbers receive offer for controlling stake in the company
Business Writer Border Timbers said on Monday it received an offer from Cicada Plantations Zimbabwe (CPZ), which seeks to acquire 100 percent of its issued share capital and a majority…
- businessweekly
- July 13, 2023
- 93 views
Excessive gas pricing: Competition watchdog finds that Sasol charged markups of up to 72pc
Compiled by Lisa Steyn The Competition Commission has referred a complaint against Sasol for excessive pricing of natural piped gas to the Competition Tribunal. The commission found that Sasol Gas…
- businessweekly
- July 12, 2023
- 112 views
Zim to engage Zambia over Botoka project
Business Writer Energy and Power Development Minister, Zhemu Soda, says Government will engage Zambia over Batoka hydroelectric project after the latter announced it was pulling out of the multi-billion dollar…
- businessweekly
- July 12, 2023
- 87 views
Zim set to enhance tax transparency
Enacy Mapakame Zimbabwe is on path to enhancing tax transparency and increasing revenue to the fiscas after joining the Organisation for Economic Co-operation and Development (OECD) initiative on tax transparency…
- businessweekly
- July 12, 2023
- 73 views
Prudent liquidity management crucial to deal with inflation, rates volatility
Business Writer Prudent liquidity management remains key to taming inflation and exchange rate volatility in the short to medium term, according to FBC Securities. This comes as the economy has…
- businessweekly
- July 12, 2023
- 187 views
Ford Zimbabwe in cash back vehicle service promotion
Business Writer Ford Zimbabwe has launched a winter promotion that also involves vehicle service cash-back scheme, where selected clients will get their cars serviced for free. The two trusted names…
- businessweekly
- July 11, 2023
- 81 views
Africa’s merchandise trade expands 20.9pc
Business Writer African countries saw merchandise trade expanding by 20.9 percent in 2022, above the world’s average of 12 percent, according to the 2023 edition of the African Trade Report…
- businessweekly
- July 11, 2023
- 85 views
Negative returns on investment at ZSE as inflationary pressures mount
Enacy Mapakame Investors on the Zimbabwe Stock Exchange (ZSE) are likely to see negative returns on their investments in real terms as exchange rate volatility and inflationary pressures persist in…
- businessweekly
- July 11, 2023
- 190 views
Zinyau appointed DPC chief
Tapiwanashe Mangwiro The Deposit Protection Corporation of Zimbabwe (DPC) has appointed Hopewell Zinyau as its new chief executive officer, effective at the beginning of this month. Zinyau, a former corporate…