malvernmugadzikwa
- businessweekly
- June 22, 2022
- 83 views
Broad Money in $82 billion growth
Business Writer Broad money in the economy grew by more than $82 billion between March and April this year, latest figures from the Reserve Bank of Zimbabwe show. According to…
- businessweekly
- June 22, 2022
- 122 views
FlySafair to add new routes across Africa
Bloomberg South African airline FlySafair plans to add at least 10 new routes across sub-Saharan Africa to take advantage of a gap in the market left by the collapse of…
- businessweekly
- June 22, 2022
- 78 views
SA transmission firm seen hobbled by Eskom millstone
Bloomberg South Africa’s plan to create a power transmission company that will attract the investment needed to strengthen the national grid has been hobbled by its restrictive debt arrangements with…
- businessweekly
- June 22, 2022
- 45 views
Goldman warns US recession risk now higher
Bloomberg Goldman Sachs economists cut their US growth forecasts and warned that the risk of recession is rising. The Goldman team now sees a 30 percent probability of entering a…
- businessweekly
- June 22, 2022
- 64 views
Biggest rail strike in 30 years brings UK to standstill
Reuters Britain’s biggest rail strike in 30 years kicked off on Tuesday as tens of thousands of staff walked out in a dispute over pay and jobs that could pave…
- businessweekly
- June 22, 2022
- 53 views
Corporate distress in Europe hits highest since August 2020
Bloomberg Corporate distress in Europe’s biggest markets is near a two-year high as inflation and higher interest rates squeeze indebted firms. Companies in Germany, the UK, France, Spain and Italy…
- businessweekly
- June 22, 2022
- 78 views
Global food inflation gets reprieve as wheat to palm oil tumble
Bloomberg Agricultural commodities fell as traders weighed an improved outlook for global food supplies, with signs pointing to burgeoning palm oil exports from Indonesia and a large Russian wheat crop…
- businessweekly
- June 22, 2022
- 81 views
Africa trade, GDP in strong rebound in 2021
Kudzanai Sharara African trade and GDP rebounded strongly in 2021 and forecasts point to continued resilience, even in light of various post-pandemic and geopolitical pressures. Following the myriad negative shocks triggered…
- businessweekly
- June 21, 2022
- 39 views
CBZ’s earnings significantly reduced in Q1
Business Writer CBZ Holdings Limited earnings for the first quarter to March 31, 2022 where significantly reduced from the comparable prior year. Figures contained in a first quarter trading update…
- businessweekly
- June 21, 2022
- 91 views
RBZ intervenes on bread price
Business Writer THE Reserve Bank of Zimbabwe (RBZ) says bakers are expected to reduce the price of bread following an agreement it has reached with the National Bakers Association of…