daniel chigunwe
- businessweekly
- July 7, 2023
- 77 views
Millions are joining Meta’s Threads app as Twitter alternative
More than 10 million users signed up for Meta Platforms new app Threads, designed as a direct rival to Twitter and the most serious threat yet to Elon Musk’s struggling…
- businessweekly
- July 7, 2023
- 45 views
Fed’s Logan says more rate hikes needed to slow hot inflation
Federal Reserve Bank of Dallas President Lorie Logan said more interest-rate increases will likely be needed to spur meaningful disinflation and bring price-growth rates back to the central bank’s target.…
- businessweekly
- July 7, 2023
- 68 views
Kganyago plays down common African currency
South Africa’s central bank chief said adopting a region-wide common currency was a political project, and then spelled out exactly why it would probably never happen. “Why do you need…
- businessweekly
- July 7, 2023
- 67 views
AfDB, USAID sign US$500 million deal
On the sidelines of the Africa Energy Forum in Nairobi, the African Development Bank and the United States Agency for International Development (USAID), through the Power Africa Presidential Initiative, signed…
- businessweekly
- July 5, 2023
- 81 views
Zimbabwe Industrial Power Users Aim to Raise $250 Million for Floating Solar Panels
Bloomberg Zimbabwe’s industrial electricity consumers and exporters aim to raise $250 million to build the first phase of floating solar panels on the world’s largest man-made Lake Kariba. Members of…
- businessweekly
- July 5, 2023
- 113 views
African Sun joins anti-poaching scheme
Tapiwanashe Mangwiro Zimbabwe’s leading hotel investment company, African Sun Limited, has donated US$21 000 to support the efforts of the Victoria Falls Anti-Poaching Unit (VFPAU), a local organisation that is…
- businessweekly
- July 5, 2023
- 83 views
Stanbic donates sanitary materials to Shamva girls
Business Writer Stanbic Bank has donated 1 600 reusable sanitary pads and 800 undergarments to 400 girls at Nyava Secondary School in Mashambanhaka, Shamva District. Each of the 400 girls…
- businessweekly
- July 4, 2023
- 188 views
Mash Holdings’ US$15 million property to change Pomona
Business Writer Property firm, Mashonaland Holdings, is developing an upmarket structure in Pomona at a cost of US15 million that will deliver 14 000 square meters of latteable space in…
- businessweekly
- July 4, 2023
- 87 views
Meikles declares US0.8 cents final dividend
Tapiwanashe Mangwiro Listed diversified entity, Meikles Limited, announced a final dividend of US0.8 cents for the year ending February 28, 2023. In a dividend announcement, company secretary Thabani Mpofu said:…
- businessweekly
- July 3, 2023
- 116 views
Tanganda revenue jumps 70 percent
Business Writer Tanganda Tea Company’s half-year revenue jumped 70 percent to $10.97 billion compared to $6.46 billion prior year despite reduced sales and production volumes. The company remains the largest…