Timothy
- businessweekly
- September 21, 2021
- 54 views
Rich nations to miss climate fund goal even by 2025, Oxfam says
Developed countries’ pledges to provide US$100 billion of annual financing, made over a decade ago and seen as key to unlocking upcoming climate talks, are unlikely to be met even five years after the target, according to a new report.
- businessweekly
- September 21, 2021
- 51 views
Pensions asset base hits $198 bln mark
THE Pensions industry asset base grew 198 percent in nominal terms to $198 billion in the period to June 31, 2021, from $66 billion recorded in the same period last year largely as a result of revaluation of investment property and quoted equities, which constituted 78,9 percent of total industry assets.
- businessweekly
- September 21, 2021
- 63 views
Red list ruling ‘significant’ for both UK and SA
I was disappointed by the announcement by UK authorities on Friday that South Africa would remain on its “red list” of countries. This decision is bad for development in South Africa and bad for the two countries’ economic ties.
- businessweekly
- September 17, 2021
- 102 views
New tobacco strategy targets US$5bn exports
Zimbabwe plans to take a new approach on beneficiation of tobacco as it seeks to maximise exports from the crop to US$5 billion by 2025, according to an official document outlining the strategy.
- businessweekly
- September 17, 2021
- 61 views
Over 4000 firms get US$1,7bn auction funds
MORE than 4 000 firms have benefited under the Reserve Bank of Zimbabwe’s (RBZ) weekly foreign exchange auction system since its inception in July 2020, while over US$1.7 billion has been disbursed to importers via the auction platform, the bank’s Governor said.
- businessweekly
- September 17, 2021
- 90 views
Zim banks forecast to sustain stability
The Reserve Bank of Zimbabwe (RBZ) says the banking sector is in a strong position to remain resilient this year and in the short to medium-term, despite financial stability risks associated with the Covid-19 pandemic.
- businessweekly
- September 17, 2021
- 83 views
New twist to NRZ recapitalisation deal
Following a resolution by the National Railways of Zimbabwe (NRZ) board to re-engage the Diaspora Infrastructure Development Group (DIDG) over cancellation of the US$400 million deal to revive the State-owned rail operator, and subsequent negotiations to that effect, the Government has raised a stop sign, saying the transaction remains cancelled and any engagements should be abandoned.
- businessweekly
- September 17, 2021
- 80 views
ZITF preparations at advanced stage
GOVERNMENT has said preparations for the 61st edition of the Zimbabwe International Trade Fair (ZITF) are advanced with 396 local exhibitors, as well as international exhibitors from eleven countries having already confirmed participation.
- businessweekly
- September 17, 2021
- 38 views
Nation on course to achieve maize target
Maize deliveries to Zimbabwean silos reached just over 900 000 tonnes in five months to September this year, compared with 138 000 tonnes during the same period last year and authorities are still hopeful of the hitting the 1,8 million tonnes target.
- businessweekly
- September 17, 2021
- 97 views
Trade relations strengthened
Zimbabwean companies have been implored to unlock vast export opportunities in Kinshasa, Democratic Republic of Congo, as the Second Republic gears its bilateral trade relations with other African countries.