daniel chigunwe
- businessweekly
- August 18, 2022
- 189 views
PURE Oil contracts sunflower farmers
Business Writer PURE Oil, the producer of Zimgold cooking oil intends to contract sunflower farmers across the country in a bid to improve the availability of its raw material. The…
- businessweekly
- August 18, 2022
- 104 views
Namibia raises key interest rate by most in two decades
Bloomberg Namibia’s central bank raised borrowing costs by the biggest margin in almost two decades to safeguard its currency peg with South Africa’s rand and quell inflation. The monetary policy…
- businessweekly
- August 18, 2022
- 85 views
Truworths (SA) expects record full year earnings
Moneyweb JSE-listed fashion retailer Truworths says it expects to report its highest full year earnings ever for the pro forma 52 weeks ended 3 July 2022. It notes the latest…
- businessweekly
- August 18, 2022
- 58 views
Tencent unveils first sales fall, job cuts as economy sinks
Bloomberg Tencent Holdings logged its first-ever revenue decline after its workforce shrank almost 5 percent, underscoring the extent to which China’s worsening economy is hurting its biggest corporations. The country’s…
- businessweekly
- August 18, 2022
- 71 views
Kganyago warns of gray list fallout
Bloomberg South Africa’s central bank governor urged authorities to take urgent action to prevent the nation being added on a global watchdog’s “gray list” of countries that aren’t doing enough…
- businessweekly
- August 10, 2022
- 78 views
Tanganda explores cost cutting measures
Michael Tome Business Writer LISTED agro industrial firm, Tanganda says it will devise cost containment measures in order to reduce the impact of rising inflation and exchange rate volatility on profit…
- businessweekly
- August 10, 2022
- 81 views
Mining expected to anchor Zim economic growth in 2022
Business Writer The Minister of finance and Economic Development Prof Mthuli Ncube expects the mining sector to drive economic growth this year on account of favourable commodity prices on the…
- businessweekly
- August 9, 2022
- 88 views
Econet operating costs soar on poor power supply
Business Writer Listed telecommunications giant, Econet Wireless says persistent power outages across the country adversely affected its operations and increased operating costs as the company turned to alternative sources of…
- businessweekly
- August 9, 2022
- 140 views
Demand for warehousing space remains strong
Business Writer Experts in Zimbabwe’s real estate sector say supply for new warehousing space facilities has remained limited, resulting in strong sustained demand. Industrial activity has been on the increase…
- businessweekly
- August 5, 2022
- 79 views
Brace for the next wave of globalisation
The fourth wave of globalisation kicked off in 2010 with the recovery of the impact of the global financial crises, the rising of the digital economy, artificial intelligence and, among…