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- businessweekly
- December 7, 2022
- 43 views
Oil cartel OPEC holds steady as Russia sanctions and China Covid-19 rules roil crude markets
Bloomberg OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged. The outcome of the brief online meeting on Sunday reflects the unpredictability of supply and…
- businessweekly
- December 6, 2022
- 152 views
Voedsale problems mount as bank goes after properties
Business Writer Three properties owned by Voedsale Tobacco International will be auctioned this Friday after the tobacco company failed to pay money owed to AFC Bank, according to a notice…
- businessweekly
- December 6, 2022
- 91 views
Simbisa starts trading on VFEX
Enacy Mapakame Trading of Simbisa Brands Limited’s shares on the Victoria Falls Stock Exchange (VFEX) started yesterday after the quick services restaurant provider successfully migrated from the Zimbabwe Stock Exchange…
- businessweekly
- December 6, 2022
- 106 views
RBZ leaves interest rates unchanged
The Monetary Policy Committee of the Reserve Bank of Zimbabwe has left interest rates unchanged amid expressed satisfaction with the prevailing macroeconomic stability and economic performance. In a Monetary Policy…
- businessweekly
- December 6, 2022
- 94 views
Datvest not reconstituting ETF basket
BH24 CBZ Holdings says ZSE-listed companies which are part of its consumer staples basket migrating to the Victoria Falls Stock Exchange (VFEX) will present an opportunity to add USD-denominated assets…
- businessweekly
- December 6, 2022
- 76 views
Glencore agrees to pay R3 billion after corruption claims in DRC
Bloomberg Glencore agreed to pay the Democratic Republic of Congo $180 million to cover all claims arising from any alleged acts of corruption by the company between 2007 and 2018.…
- businessweekly
- December 6, 2022
- 64 views
Jumia moves top bosses to Africa from Dubai in profit push
Bloomberg Jumia Technologies AG is closing its office in Dubai and moving senior management to the African countries they oversee as part of a plan to cut losses and redirect…
- businessweekly
- December 6, 2022
- 88 views
Tharisa annual profit up 7% as chrome prices jump
Reuters Tharisa reported a 7.3 percent increase in annual profit on Monday, as a jump in chrome prices offset the impact of weaker platinum group metal (PGM) rates. The chrome…
- businessweekly
- December 6, 2022
- 120 views
Paul Mashatile has a plan to fix SA’s struggling economy
Bloomberg A senior South African ruling party official who has his sights set on becoming the nation’s next deputy president, and maybe even the top job, says he has a…
- businessweekly
- December 5, 2022
- 69 views
‘Address shortcomings and mineral output will grow 11pc’
Tapiwanashe Mangwiro Players in the mining sector have the potential to increase the country’s mineral output by 11 percent in 2023, up from its initial projection of 7 percent, if…