daniel chigunwe
- businessweekly
- June 9, 2023
- 63 views
Why the IMF is worried about SA
The International Monetary Fund (IMF) has stressed the urgency that South Africa needs to implement reforms after projecting that the country’s economy will face a recession this year. The IMF…
- businessweekly
- June 7, 2023
- 110 views
Currency volatility blights infrastructure projects
Business Reporter Civic society and parliamentarians have expressed concern over how issues such as corruption and currency volatility have blighted national infrastructure projects that the government has embarked upon. The…
- businessweekly
- June 7, 2023
- 94 views
Liquid, INOVO cloud deal for Zimbabwe
Tapiwanashe Mangwiro Liquid C2 and INOVO have entered a deal which will see the former’s clients in Zimbabwe and other African countries benefit from the latter’s omnichannel cloud contact centre.…
- businessweekly
- June 7, 2023
- 221 views
Pickstone Mine’s Phase 1 underground mining refurbishment completion by August
Oliver Kazunga Senior Business Reporter VICTORIA Falls Stock Exchange-listed diversified group, Padenga Holdings Limited says refurbishment of underground mining at its Pickstone Peerless Mine in Chegutu under Phase 1 will…
- businessweekly
- June 7, 2023
- 54 views
World Bank says global economy in precarious state as rates rise
Bloomberg The global economy is in a precarious situation and heading for a substantial growth slowdown as sharp interest-rate increases hit activity and stir vulnerabilities in lower-income countries, the World…
- businessweekly
- June 6, 2023
- 51 views
Zimbabwe dollar in 42 percent tumble
Business Writer The Zimbabwe dollar took another huge tumble at Tuesday’s auction system the third time of trading under a pure Dutch auction system. The exchange rate tumbled from $2,577.05…
- businessweekly
- June 6, 2023
- 79 views
Econet invests US$66 mln in network upgrade
Business Reporter ECONET Wireless Zimbabwe (EWZ) says it invested US$66 million in the financial year to February 28, 2023, as part of its network modernization program which it said had…
- businessweekly
- June 6, 2023
- 74 views
Supermarkets’ diesel bill nears R3bn in nine months
Moneyweb The largest supermarket retailers in South Africa have now spent nearly R3 billion on diesel, to enable them to run generators so they could trade through the near-constant load…
- businessweekly
- June 6, 2023
- 89 views
SA farming hobbled by power cuts, poor roads
The Conversation South Africa’s agriculture has had great consecutive seasons since 2019/20. The sector’s gross value added grew by 14.9 percent in 2020, 8.8 percent in 2021 and modestly by…
- businessweekly
- June 6, 2023
- 81 views
Invictus raises combined US$23,56 million to support further operations
Oliver Kazunga Senior Business Reporter INVICTUS Energy has raised a total of 35,4 million Australian dollars (US$23,56 million) to support its next phase of operations that include the Mukuyu-2 appraisal well…