daniel chigunwe
- businessweekly
- May 16, 2022
- 57 views
Industry fret over decision to open borders
Oliver Kazunga Industrial players say the country’s manufacturing sector capacity utilisation is now under threat again due to detrimental effects that come with recent government directive to open borders to…
- businessweekly
- May 16, 2022
- 71 views
RBZ to smoke out currency manipulators
Business Writer The Reserve Bank of Zimbabwe has said in the wake of exchange rate manipulation by some borrowers of large amounts, it could publish names of “significant borrowers across…
- businessweekly
- May 16, 2022
- 79 views
Masimba order book firms to US$214 million
Enacy Mapakame Masimba Holdings Limited’s turnover for the first quarter to March 31, 2022, surged 19 percent against same period in the previous year supported by a strong order book.…
- businessweekly
- May 16, 2022
- 90 views
Construction sector players anticipate massive growth
Business Writer As Zimbabwe witnesses increased economic activities following relaxation of Covid 19 restrictions, listed construction and related firms are pinning hopes on several projects lined up by both the…
- businessweekly
- May 16, 2022
- 102 views
Central Bank bans third country foreign payments by banks
Business Writer The Reserve Bank of Zimbabwe (RBZ) has banned third country foreign payments, except for fuel, in measures to facilitate critical transactions to keep the economy going smoothly and…
- businessweekly
- May 16, 2022
- 61 views
Twitter plunges 20 pc as Elon Musk puts takeover ‘on hold’
Giles Turner Elon Musk tweeted that his $44 billion (R708 billion) takeover of Twitter is “temporarily on hold” until the billionaire receives more information about the proportion of fake accounts,…
- businessweekly
- May 13, 2022
- 92 views
Padenga to abandon alligator skin business
Tapiwanashe Mangwiro Crocodiles breeder cum miner, Padenga Holdings, is considering abandoning the loss making alligator skin operation as this will allow the listed firm to focus on core businesses while…
- businessweekly
- May 13, 2022
- 75 views
Treasury slashes RTGS payments to contractors
Golden Sibanda Government is now paying contractors undertaking various public infrastructure programmes partly in US dollars to curtail the amount of liquidity flowing into the economy at a time the…
- businessweekly
- May 13, 2022
- 65 views
Ban on bank lending an Achilles for financial sector revenues . . . move already taking toll on sugar cane farmers
Tapiwanashe Mangwiro Zimbabwe’s banking sector was thrown into a state of shock when President Mnangagwa announced last Saturday that financial institutions in the land had to stop lending to clients…
- businessweekly
- May 13, 2022
- 60 views
Foreign Direct Investment
Dr Keen Mhlanga A huge population around the globe has made the question, “what should l do with money?’ Often business minded people and risk takers always conclude investing as…