Timothy
- businessweekly
- June 28, 2021
- 40 views
RBZ sinks US1,5bn into the economy
A CUMULATIVE US$1,5 billion has been allotted to importers on the central bank administered weekly auction system for key imports since the platform was introduced in June last year, making it the major source of foreign currency for the productive sectors.
- businessweekly
- June 28, 2021
- 218 views
Schweppes’ Beitbridge Juicing Company transforms Beitbridge
During citrus season, Beitbridge Juicing Company (Pvt) Limited is a hive of activity with trucks offloading oranges at the offloading bay for processing at the plant.
- businessweekly
- June 24, 2021
- 93 views
Kuvimba pays US$5m dividend, revives struggling mines
Mining giant, Kuvimba Mining House, has turned around the fortunes of several struggling mining assets around the country and within its first year of operations paid a hefty US$5,2 million dividend to stakeholders.
- businessweekly
- June 24, 2021
- 148 views
Delta takes over Afdis
Beverages giant, Delta Corporation, has gained a controlling stake in African Distillers Limited (Afdis) after acquiring additional shares during the past financial year.
- businessweekly
- June 24, 2021
- 91 views
Winter wheat hectarage up 53 pc
A TOTAL of 61 801 hectares have so far been planted under winter wheat, reflecting a 53 percent increase from the area planted during the same period last year.
- businessweekly
- June 24, 2021
- 163 views
Illegal activities disrupting timber business
Operations of Zimbabwe’s timber companies remain constrained due to illegal occupation of their forests, an industry lobby group said.
- businessweekly
- June 24, 2021
- 72 views
Regional insurance conference kicks off in Vic-Falls
CYBERCRIME risks, governance and implications of Covid-19 pandemic are under focus this week as players in the pensions industry are meeting in Victoria Falls for a two-day conference.
- businessweekly
- June 22, 2021
- 52 views
CBZ profit surges 55 percent
Zimbabwe’s largest banking group by assets and deposits, CBZ Holdings Limited’s after-tax profit for the quarter to March 31, 2021 rose 55 percent to $1,65 billion from $1,06 billion during the same quarter last year.
- businessweekly
- June 22, 2021
- 61 views
Central bank raises $650m
The Reserve Bank of Zimbabwe (RBZ) raised $650 million through Treasury Bills (TBs) last week after it issued a one-year paper that had targeted to mobilise $1 billion.
- businessweekly
- June 22, 2021
- 65 views
Comesa telecoms project dropped, 20 years later
A PROJECT initiated over 20 years ago to create a telecommunications company for the Common Market for Eastern and Southern Africa (Comesa) region has been dropped.