Timothy
- businessweekly
- September 29, 2021
- 116 views
Zambia’s Chinese debt nearly twice official estimate, study finds
Zambia’s debt to Chinese public and private lenders is US$6.6 billion, almost double the amount disclosed by the previous Zambian government, an analysis of loan data by the China Africa Research Initiative (CARI) has estimated.
- businessweekly
- September 29, 2021
- 128 views
Zimasco plans to more than double chrome processing capacity – if ZESA plays ball
Zimasco, one of the country’s biggest chrome smelters, plans to more than double annual smelting capacity to 400,000 tonnes over the next three years.
- businessweekly
- September 29, 2021
- 75 views
ZSE hits trillion-dollar mark
The Zimbabwe Stock Exchange (ZSE) market capitalisation, hits the trillion-dollar mark on Tuesday as investors sought safe haven from a depreciating local currency and rising inflation. The ZSE clocked $1,014,010,844,294 by the close of trading yesterday, the first time it has hit that mark.
- businessweekly
- September 22, 2021
- 79 views
High optimism as ZITF opens
The country’s premier trade showcase, the Zimbabwe International Trade Fair (ZITF), successfully opened yesterday after disturbances caused by Covid-19, with representatives of local and foreign exhibitors expressing satisfaction with measures put in place to curb the spread of the pandemic.
- businessweekly
- September 22, 2021
- 88 views
Derivatives introduction begins
Work on the introduction of derivatives has begun in earnest with Financial Securities Exchange Limited (FINSEC), now on the first phase of the project as efforts intensify to increase capital markets products in the country.
- businessweekly
- September 22, 2021
- 35 views
Anglo loses R40bn in a single day as commodities bleed
China, the biggest importer of iron ore, has threatened to curb production volumes.
- businessweekly
- September 22, 2021
- 99 views
ZETDC battles to manage load shedding
Zimbabwe Electricity Transmission and Distribution Company (ZETDC), says it is employing a number of measures to manage load shedding that besieged the country lately.
- businessweekly
- September 22, 2021
- 81 views
UK identifies case of ‘mad cow’ disease
British officials have identified a single case of bovine spongiform encephalopathy (BSE), commonly known as mad cow disease.
- businessweekly
- September 21, 2021
- 63 views
FMP revenue beats inflation
First Mutual Properties reported inflation beating revenues for the half year to June 2021 on the back of repricing of rentals, the property concern said this week.
- businessweekly
- September 21, 2021
- 65 views
Gvt assures tourism players on VAT
Government has assured players in the tourism sector that suspension of Value Added Tax (VAT) on selected goods and services in tourism will remain in place for the foreseeable future.