Timothy
- businessweekly
- April 15, 2021
- 104 views
ZimTrade extends market survey to Tanzania, DRC
TRADE development and promotion agency, ZimTrade, says increased engagement with regional markets is critical as the country explores opportunities for local products following the operationalisation of the African Continental Free Trade Area (AfCFTA).Trading under the historic trade regime began on January 1 this year and is seen as significant stride towards continental economic integration.
- businessweekly
- April 15, 2021
- 68 views
National Blankets dodges liquidation
DEFUNCT giant textile firm, National Blankets Limited, has come out of judicial management and dodged imminent liquidation after shareholders paid all the creditors their dues that ran into millions of dollars.The company was placed under judicial management in 2012 following viability concerns.
- businessweekly
- March 17, 2021
- 67 views
Comesa, AfreximBank seal US$1bn deal to cushion states
THE Common Market for Eastern and Southern Africa (Comesa) and AfreximBank) have signed a US$1 billion agreement to implement a regional customs transit guarantee scheme to support countries under the African Continental Free Trade Area (AfCFTA).
- businessweekly
- March 17, 2021
- 96 views
NDS 1 positions Zim for increased AfCFTA benefits
Government expects the successful rollout of the National Development Strategy (NDS1 2021-2025) to position the country on a favourable footing to tap into the lucrative opportunities under the African Continental Free Trade Area (AfCFTA) Agreement.
- businessweekly
- March 17, 2021
- 76 views
AfDB projects 3.4 pc growth for Africa’s economy this year
THE African Development Bank (AfDB) says Africa’s economic growth prospects are positive with a 3,4 percent projection this year despite the Covid-19 challenges and debt burden facing most economies on the continent.
- businessweekly
- March 17, 2021
- 118 views
Invictus share spike shocks market
The Australia Stock Exchange (ASX) has demanded explanation from Zimbabwe focused gas and oil exploration junior, Invictus Energy, over a sudden spike in its share price and a sharp jump in volumes of stock traded in a single session last week.
- businessweekly
- March 4, 2021
- 58 views
Miners not happy with RBZ
The country’s mining lobby group, Chamber of Mines of Zimbabwe (CoMZ), is engaging the Reserve Bank of Zimbabwe (RBZ) with a view to finding a solution to challenges caused by the new foreign currency regulations.
- businessweekly
- March 4, 2021
- 46 views
Lockdown relaxation excites tourism sector
THE relaxation of travel restrictions is expected to re-ignite domestic tourism and improve business earnings for the travel and leisure sector.
- businessweekly
- March 4, 2021
- 96 views
Stanbic appoints new CFO
Stanbic Bank has appointed seasoned banker, Tafadzwa Mahachi, as its new chief financial officer (CFO), with effect from 1 March 2021.
- businessweekly
- March 4, 2021
- 63 views
World Bank readies Covid-19 vaccine funds for around 30 African countries
The World Bank is preparing emergency financing to help about 30 African countries access Covid-19 vaccines, the global lender told Reuters, as the continent scrambles to secure doses and start immunising vulnerable groups.