daniel chigunwe
- businessweekly
- May 22, 2023
- 73 views
RTG occupancies back to pre-Covid-19 era
Business Writer Listed hotelier, Rainbow Tourism Group (RTG), reported that its first quarter to March 31, 2023 occupancies were back to near pre-Covid-19 period. In a trading update, company secretary,…
- businessweekly
- May 22, 2023
- 79 views
Crisis in South Africa is eroding a basic rule of monetary policy
A crippling energy crisis, a low growth environment and deteriorating fiscal metrics combined to push the rand to a record low last week. But the normal response of raising interest rates…
- businessweekly
- May 19, 2023
- 139 views
Someone is creating ‘hot money’ – Industry
Golden Sibanda WITH Zimbabwe’s economy in a tailspin again, roiled by the rapidly depreciating Zimbabwe dollar, industrial players believe only one factor is responsible; creation of ‘hot money’. ‘Hot money’…
- businessweekly
- May 19, 2023
- 83 views
Zim enters new era as dialogue starts yielding results
Business Writer Zimbabwe convened the 4th Structured Dialogue Platform on arrears clearance and debt resolution process in Harare on Monday. The meeting was attended by President Mnangagwa, arrears clearance and…
- businessweekly
- May 19, 2023
- 90 views
All approaches needed over pricing
The recent spurt of intense inflation and rising prices, in both US dollars as well as in Zimbabwe dollars has not just caused anguish among consumers but has perturbed the…
- businessweekly
- May 19, 2023
- 69 views
Zim committed to dialogue: President Mnangagwa
President Mnangagwa’s address I welcome you to this important High-Level Debt Resolution Forum, which is part of the Zimbabwe’s Arrears Clearance and Debt Resolution process. The Government of Zimbabwe established…
- businessweekly
- May 19, 2023
- 84 views
Zim to implement IMF’s Staff Monitored Programme in Q4
Oliver Kazunga ZIMBABWE is set to implement the International Monetary Fund’s Staff Monitored Programme (SMP) in the last quarter of this year as part of a structured dialogue process for…
- businessweekly
- May 19, 2023
- 88 views
Treasury moves in to stop printing press
Business Writer Currency stabilisation measures recently announced by Government are meant to lessen money creation in the economy that, among other factors, has led to high levels of inflation and…
- businessweekly
- May 19, 2023
- 188 views
Understanding Vicarious liability: Part 1
Arthur Marara A bus driver is carrying 70 passengers from point A to B. He is drunk and driving at an excessive speed, fails to negotiate a curve. The bus…
- businessweekly
- May 19, 2023
- 154 views
Moti Group plans for $1bn African lithium powerhouse
In a site spanning 10,000ha in the northeast of Zimbabwe, the Moti Group has announced ambitious plans for a new lithium mining and processing operation with a value of US$…