daniel chigunwe
- businessweekly
- June 7, 2023
- 65 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
- 61 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
- 96 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
- 97 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
- 104 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
- 91 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…
- businessweekly
- June 5, 2023
- 89 views
Baldmin clinches manufacturing deal in DRC
Business Reporter BALDMIN Projects has secured a deal to construct warehouses for Lulu KCC Mine in the Democratic Republic of Congo (DRC) as the company extends its footprint in the…
- businessweekly
- June 5, 2023
- 87 views
Mash revenue up 481 percent
Enacy Mapakame Listed property firm Mashonaland Holdings Limited’s revenue for the quarter to March 31, 2023 jumped 481 percent compared to the same period in the prior year driven by…
- businessweekly
- June 5, 2023
- 191 views
Masimba banks on long project pipeline
Business Reporter Construction firm Masimba Holdings says current state of infrastructure in the country presents opportunities for the Group as evidenced by a long project pipeline and increased tendering activities.…
- businessweekly
- June 5, 2023
- 82 views
Fed skip-a-hike strategy is sensible, risky and confusing
Bloomberg The Federal Reserve’s June meeting is shaping up to be one of the trickiest in its 15-month campaign to tame inflation: Chair Jerome Powell seems intent on skipping an…