Timothy
- businessweekly
- March 10, 2022
- 37 views
Russia moves towards nationalising assets of firms that leave, says ruling party
Russia’s ruling party, United Russia, said on Wednesday that a government commission had approved the first step towards nationalising assets of foreign firms that leave the country in the wake of economic sanctions over Ukraine.
- businessweekly
- March 10, 2022
- 81 views
Nedbank doubles profit as its client numbers grow
Nedbank grew its retail main-banked customers by 1 percent. Its CIB business added 35 new primary clients. The investment unit now has with over R424 billion in assets under management.
- businessweekly
- February 24, 2022
- 77 views
RBZ orders banks to freeze firms’ accounts
The Reserve Bank of Zimbabwe’s investigations arm – the Financial Intelligence Unit (FIU) – has ordered local banks to freeze accounts of a number of private companies on allegations of money laundering.
- businessweekly
- February 17, 2022
- 77 views
Dubai importers demand bulk horticulture produce from Zim
Horticulture and processed foods companies in Zimbabwe have been told of huge opportunities to increase their exports to Dubai if they are able to produce enough quantities and can match the competitor’s price.
- businessweekly
- February 17, 2022
- 67 views
ZITF 2022 to focus on local value chains
The 2022 edition of the Zimbabwe International Trade Fair (ZITF) will explore ways to increase domestication of local value chains, chairman Busisa Moyo has said.
- businessweekly
- February 17, 2022
- 71 views
Distell shareholders give the green light for Heineken takeover
A majority of Distell’s shareholders have voted in favour of Heineken’s move to acquire the local liquor maker.
- businessweekly
- February 17, 2022
- 72 views
ED instructs ministers to cut foreign travel
President Emmerson Mnangagwa on Tuesday told cabinet ministers and senior government officials to cut back on foreign travels and concentrate on developmental programmes to help deliver a planned upper middle income economy by 2030.
- businessweekly
- February 9, 2022
- 34 views
ZSE halts trading of ZECO Holdings shares
The Zimbabwe Stock Exchange (ZSE) has suspended trading of ZECO Holdings shares effective yesterday morning (8 February 2022) for breaching the ZSE Listing requirements after the company entered a significant transaction without requisite approvals.
- businessweekly
- February 9, 2022
- 95 views
Mining output, revenue expected to rise
Local mining companies expect to increase mineral output this year on the back of firm international commodity prices, putting them firmly on course to achieving the country’s target of a US$12 billion mining industry next year.
- businessweekly
- February 9, 2022
- 55 views
Tesla receives subpoena from US securities regulator over 2018 settlement
Tesla Inc said on Monday it received a subpoena from the US securities regulator related to a settlement that required chief executive Elon Musk’s tweets on material information to be vetted.