Budget opens space for businesses

The 2023 National Budget yesterday has no giveaways for the business sectors, but its severe tightening of tax collection and increases in penalties for delays, plus the tightening of rules…

PPC Zim effects US dollar price increases

Nelson Gahadza PPC Zimbabwe says it implemented US dollar price increases three times this year in order to recover input cost inflation. PPC Limited in its half year financials for…

Danger of global shortage for diesel

No fuel is more essential to the global economy than diesel. It powers trucks, buses, ships and trains. It drives machinery for construction, manufacturing and farming. It’s burned for heating…

Five questions every leader must ask

Arthur Marara I intend to finish the series that I started two weeks ago. If you missed the first two parts, please visit www.ebusinessweekly.co.zw and search for the article. Quality…

Don’t throw away overripe bananas!

A squishy banana turning black on its peel is hard to eat as a snack, as many would agree. The window of opportunity between an edible banana that is still…

Load shedding economy is the ‘new normal’

Every business I talk to is suffering from load shedding. It is simply not possible to run a modern economy without power. We can forget about being competitive in the…

Econet records $5 billion loss

Enacy Mapakame Econet Wireless Zimbabwe slumped into a $5 billion loss for the half year to August 31, 2022 compared to a profit of $25 billion during the same period…

ZESA switches on Zimasco over tariff dispute  

Business Writer  Zimasco, a unit of Sinosteel Corporation, has closed down its smelter in Kwekwe after Zesa cut power supplies because of a tariff dispute. With effect from October 1,…

ZIMOCO starts 2022 Grand Cherokee distribution

Business Writer PREMIUM car dealer, ZIMOCO, officially launched the distribution of the 2022 Jeep Grand Cherokee, in Harare last week as it maintains a stranglehold on the dominant supply of…

Global stocks rally but oil prices tumble

AFP US and European stock markets mostly picked up on Friday as investors fished for bargains and shrugged off losses elsewhere, but oil prices dropped over concerns on the world…

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