daniel chigunwe
- businessweekly
- May 13, 2022
- 61 views
Stock Market Weekly Review
Enacy Mapakame Over $500 billion was wiped off the Zimbabwe Stock Exchange (ZSE) as the market retreated further into the red during the week, post the announcement of macroeconomic measures…
- businessweekly
- May 13, 2022
- 81 views
Refining costs keep US fuel prices at record levels
Here’s why gas is more expensive than ever even though oil prices are down Oil prices are falling but refuelling your car has never been pricier. Blame the “crack spread,”…
- businessweekly
- May 12, 2022
- 87 views
Local manufacturing sector capacity surges to 56.5 pc
Michael Tome Zimbabwe manufacturing sector’s capacity utilisation for 2021 grew to 56, 52 percent from 47 percent in 2020 spurred by notable investments by companies. The 56, 25 percent growth…
- businessweekly
- May 12, 2022
- 75 views
Bank lending ban temporary, Mthuli
Business Writer A moratorium on bank lending announced at the weekend to ward off attacks on local currency and meant to stabilise the exchange rate and curtail rising inflation, is…
- businessweekly
- May 12, 2022
- 144 views
Sable to produce over 120 000 tonnes of fertiliser
Business Writer SABLE Chemicals, the country’s sole ammonium nitrate (AN) fertiliser producer, is expected to produce 120 000 tonnes of fertiliser for the 2022/23 farming season as plans to scale…
- businessweekly
- May 12, 2022
- 109 views
Empower Bank targets $1bn loan book
Business Writer EMPOWER Bank has set a target of growing its loan book to over $1 billion by the end of 2022 as it aims at increasing support to young…
- businessweekly
- May 12, 2022
- 160 views
Emotional send-off for HCCL managing director
Business Writer THE late Hwange Colliery Company Limited (HCCL) managing director, Dr Charles Zinyemba, was yesterday laid to rest at Destiny Memorial Park in the City of Gweru. Dr Zinyemba,…
- businessweekly
- May 9, 2022
- 79 views
Mixed reactions on Govt stabilisation measures as ZNCC issues adverse report
Oliver Kazunga The perennial existence of arbitrage opportunities will continue threatening economic stability and to resolve the situation there is need to avoid punitive legislation against it but address its…
- businessweekly
- May 6, 2022
- 74 views
Dollarisation could severely hurt industry
Enacy Mapakame The country’s biggest industrial lobby group, Confederation of Zimbabwe Industries (CZI), says full dollarisation of the economy will only benefit consumers, as doing so will come at a…
- businessweekly
- May 6, 2022
- 67 views
Massive election induced money supply growth worries financial institutions
Tapiwanashe Mangwiro ZB Financial Holdings in its latest report cemented concerns of massive election induced money supply growth that were also raised by Old Mutual Investment Group (OMIG) in their…