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- businessweekly
- October 5, 2022
- 187 views
Duo takes Masvingo vehicle industry by storm
Business Writer Two youthful Masvingo brothers have taken full advantage of President Mnangagwa’s youth empowerment drive by founding a one-stop shop that specialises in fitting tyres and repairing vehicles with…
- businessweekly
- October 5, 2022
- 62 views
Sub-Saharan Africa’s growth to drop to 3.3 pc this year, World Bank says
Reuters Sub-Saharan Africa’s economy is set to grow 3.3 percent this year, down from 4.1 percent in 2021, the World Bank said on Tuesday, due to slowing global growth, drought,…
- businessweekly
- October 4, 2022
- 80 views
VFEX jumps 31,5 percent since January 2022
Business Writer The Victoria Stock Exchange (VFEX) has gained 31,5 percent in value since the beginning of the year, making it a better performer than its fellow bourse the Zimbabwe…
- businessweekly
- October 4, 2022
- 73 views
Unifreight on solid footing amid volumes growth
Enacy Mapakame Unifreight Africa Limited said the firm had a good start to the year with half-year volumes at 19 percent ahead of last year and 5 percent ahead of…
- businessweekly
- October 4, 2022
- 102 views
Getbucks finalises capital raise exercise
Business Reporter Getbucks Microfinance Bank Limited (Getbucks) says it is finalising a capital raise exercise which when complete will see the Microfinance Bank compliant with the minimum capital requirements. The…
- businessweekly
- October 4, 2022
- 139 views
Returning Zimbabweans battle to rebuild their lives in Harare
GroundUp Zimbabweans who have returned to their old country after working and studying for years in South Africa are battling to rebuild their lives. Most were forced to make the…
- businessweekly
- October 4, 2022
- 81 views
What to watch as commodities face another wild quarter’s trading
Bloomberg Commodities face a daunting array of challenges in the final stretch of a turbulent year after capping their first back-to-back quarterly loss since 2019. Demand disruption as central banks…
- businessweekly
- October 4, 2022
- 70 views
Porsche shares drop below IPO price within days of making debut
Bloomberg Porsche stock traded below the price it debuted at last week, succumbing to the market pressures Volkswagen AG defied by going ahead with Europe’s biggest initial public offering in…
- businessweekly
- October 4, 2022
- 59 views
Power cuts drive SA factory activity to 14-month low
Bloomberg Business activity in South Africa’s manufacturing industry fell to a 14-month low in September as electricity-supply constraints in the continent’s most industrialised economy disrupted operations. A gauge tracking business…
- businessweekly
- October 4, 2022
- 234 views
Renco, Dalny output drowns RioZim’s gold production
Business Writer RioZim’s Limited says severe power outages and unsustainable low grades dealt a blow to Renco Mine and Dalny mine’s gold output in the first half to June 2022.…