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- businessweekly
- January 17, 2023
- 167 views
Natfoods invests US$12 million in contract farming
Business Writer Agro-industrial firm, National Foods (Natfoods) says it has invested US$12 million towards contract farming during the 2022/23 farming season. The group’s contract scheme is managed by its unit…
- businessweekly
- January 17, 2023
- 84 views
British American Tobacco to retrench even more SA workers as its cigarette sales fall 40%
Jan Cronje South Africa’s largest tobacco manufacturer, British American Tobacco SA (BATSA), says falling cigarette sales mean it may have to cut another 200 jobs at its local operations. Since…
- businessweekly
- January 17, 2023
- 68 views
Economists see 45 pc chance of recession in SA in 2023 as load shedding worsens
Bloomberg Prinesha Naidoo & Sarina Yoo South Africa faces a 45 percent chance of slipping into recession this year as South Africa’s electricity crisis deepens, according to a survey of…
- businessweekly
- January 16, 2023
- 63 views
Positive close on Friday for ZSE
Business Writer The ZSE All Share Index recovered by a marginal 124.23 points to close at 21 981.41 points in the last trading session of the week. Gains were recorded…
- businessweekly
- January 16, 2023
- 64 views
Consultations on debt clearance begin
Business Writer Consultations on reforms of arrears clearance and debt relief to be led by African Development Bank (AfDB) President, Dr Adesina Akinwumi, have started, according to Finance and Economic…
- businessweekly
- January 16, 2023
- 191 views
Ok Zimbabwe concludes Food Lovers Market acquisition
Business Writer Ok Zimbabwe says it has formally concluded the strategic acquisition of Food Lovers Market which gives the company territorial exclusivity of the brand in Zimbabwe. The company in…
- businessweekly
- January 16, 2023
- 151 views
Two SA airports ranked in global top 20, and FlySafair is second-most punctual airline worldwide
Carin Smith Low-cost South African airline FlySafair is the second most on-time airline in the world, according to an annual ranking by global travel data provider OAG, based in the…
- businessweekly
- January 13, 2023
- 130 views
CZI favours WBWS over RBZ’s auction system
Business Writer Empowering businesses to access foreign exchange through the banking sector will put the economy in position for strong growth this year, the Confederation of Zimbabwe Industries (CZI) has…
- businessweekly
- January 13, 2023
- 64 views
Eskom’s troubles worsen
South Africa has entered a critical phase of revamping its sole nuclear plant and needs it to run according to plan to avoid deepening power cuts that are already at…
- businessweekly
- January 13, 2023
- 202 views
Business tycoon Rudland eyes Tetrad Bank
Business Writer Business tycoon, Simon Rudland, through his family investment vehicle, is reportedly angling to take over the defunct Tetrad Investment Bank (TIB), Business Weekly can reveal. The businessman, with…