happiness Chikwanha
- businessweekly
- July 21, 2021
- 75 views
SA riots, a wakeup call for businesses
VIOLENT demonstrations that unfolded in South Africa over the last two weeks, which resulted in the death of more than 200 people while businesses were torched, looted, attacked and properties destroyed, amplify calls and need for expedited development and strengthening of domestic value chains.
- businessweekly
- July 21, 2021
- 67 views
Economy needs to achieve some measure of self-reliance in view of covid19 – CZI
The Zimbabwe National Industrial Development Policy (ZNIDP) (2019-2023) is a blueprint for industrialisation which derives from Vision 2030, and is tailored to assist the economy to achieve the above objectives.…
- businessweekly
- July 20, 2021
- 79 views
UK firm to help raise funds for white former commercial farmers
Government has appointed UK based financial advisory firm, Newstate Partners, to help raise funding for the compensation of white former commercial farmers, Finance and Economic Development Minister Mthuli Ncube said in a statement Monday.
- businessweekly
- July 9, 2021
- 60 views
JUST IN: Auction’s contribution to foreign payments up 153 percentage points
Business Writer The foreign currency auction system is fast becoming a major source of foreign currency for businesses, latest figures from the Reserve Bank of Zimbabwe (RBZ) show. The foreign…
- businessweekly
- July 5, 2021
- 88 views
JUST IN: ZSE institutes trading halt on Padenga ahead of delisting
Business Writer Listed entity Padenga Holdings traded for the last time on the Zimbabwe Stock Exchange (ZSE) on Monday ahead of its listing on the Victoria Falls Stock Exchange (VFEX).…
- businessweekly
- June 30, 2021
- 84 views
JUST IN: Government closely monitoring RBZ debt levels
The Reserve Bank of Zimbabwe accumulated debts of more than US$5 billion as at December 2020 and government is closely keeping an eye on developments.
- businessweekly
- June 25, 2021
- 59 views
Light on the horizon: Special Drawing Rights (SDR) & Zimbabwe’s Covid-19 response
The issuance of the Special Drawing Privileges by the International Monetary Fund provides a hopeful panorama for Zimbabwe and the developing world as this stimulus comes at a time when investor trust in government isn’t as high due to alleged political uncertainty, which however, is improving as evidenced by the outstanding performance of the Zimbabwe Stock Exchange (ZSE).
- businessweekly
- June 22, 2021
- 106 views
JUST IN: Zimbabwe’s auction rate stabilises at 85 . . .
The average exchange rate for the Zimbabwe dollar against the United States dollar was virtually unchanged at $85,36 on Tuesday from $85,24 last week on the Reserve Bank of Zimbabwe (RBZ)’s foreign currency auction.
- businessweekly
- June 21, 2021
- 141 views
JUST IN: Banks to pay interests on deposits
Banks will now be compelled to pay minimum interest rates on deposits following the agreement between the Reserve Bank of Zimbabwe and the Bankers Association of Zimbabwe.
- businessweekly
- June 17, 2021
- 74 views
IMF bullish on Zimbabwe’s Gross Domestic Product growth projections
Zimbabwe’s economy is expected to grow by 6 percent in 2021, but authorities will have to double down on implementation of sustainable policies if the growth rate is to be achieved, the International Monetary Fund (IMF) has said.