Timothy
- businessweekly
- October 27, 2021
- 67 views
Mthuli rejects proposed $3 trillion 2022 budget
Some extravagant Government ministries and departments want Treasury to craft a $3 trillion 2022 national budget, but Finance and Economic Development Minister Mthuli Ncube, sticks to his guns, insisting on the $900 billion envelope as previous planned.
- businessweekly
- October 27, 2021
- 75 views
Consumer demand drives National Foods Holdings volumes
Improved consumer demand has continued on a positive trajectory, driving up National Foods Holdings volumes across all categories during the group’s first quarter FY2022) spanning from July to September 2021.
- businessweekly
- October 27, 2021
- 68 views
Treasury raises 2021 agric growth forecast
Zimbabwe’s agriculture sector is projected to register strong growth this year after the Treasury revised upwards the initial growth target by 2,2 percent to 36,2 percent, on account of higher than initially expected grain output and livestock production.
- businessweekly
- October 26, 2021
- 60 views
Axia volumes to recover as economy reopens
Specialty retail and distribution group, Axia Corporation, is projected to experience volumes recovery in the current financial year as consumer spending improves in line with relaxed local lockdown restrictions.
- businessweekly
- October 26, 2021
- 65 views
Lafarge plant incident to impact fourth quarter 2021 performance
LAFARGE Zimbabwe says an on-site incident involving roof collapse of one of its cement mills, will have an impact on the group’s business performance in the remaining quarter of 2021.
- businessweekly
- October 26, 2021
- 67 views
CTC orders ZSE CSD to withdraw ‘uncompetitive’ offer
The Zimbabwe Stock Exchange (ZSE) has withdrawn its 30 percent discount offer to companies it wanted to entice to migrate their shares from the Chengetedzai Securities Depository to its newly established depository after the Competition and Tariff Commission (CTC) ruled the price cut unhealthy for fair competition.
- businessweekly
- October 26, 2021
- 102 views
Mines Ministry to engage investors on closed mines
The Ministry of Mines and Mining Development has said it requires $8 million to enhance efforts towards resuscitation of closed mines through engagement with investors and relevant stakeholders.
- businessweekly
- October 25, 2021
- 68 views
ZSE remains bullish as investors pocket billions
A bullish sentiment continued to prevail on the Zimbabwe Stock Exchange (ZSE) as investors pocketed almost $300 billion cumulatively in one week with key indicators reaching all-time highs.
- businessweekly
- October 25, 2021
- 71 views
Litigations slow David Whitehead resuscitation
Business Writer The resuscitation of David Whitehead (DW), hangs in the balance as the new owner is reportedly hesitating to inject working capital due to numerous lawsuits being mounted by…
- businessweekly
- October 25, 2021
- 35 views
NetOne mobile broadband to drive financial inclusion
NETONE says its recently launched National Mobile Broadband (NMBB) programme will enhance the country’s efforts towards expanding financial inclusion through the firm’s mobile money platform, One Money, NetOne acting chief executive officer (CEO) Raphael Mushanawani said.