daniel chigunwe
- businessweekly
- September 2, 2024
- 91 views
Foundry sector sees 50pc increase in local product consumption
Oliver Kazunga Senior Business Reporter CONSUMPTION of locally-manufactured products from the domestic foundry sector has increased by 50 percent underpinned by improved activity in the mining industry. The surge in…
- businessweekly
- September 2, 2024
- 173 views
Tigere REIT rides high on robust property market, announces Q2 dividend
Tapiwanashe Mangwiro Tigere Real Estate Investment Trust (REIT) has maintained a resilient performance in the first half of 2024, driven by a buoyant property market and strategic management. The REIT’s…
- businessweekly
- September 2, 2024
- 70 views
Will gold’s tailwinds be enough to overcome September curse?
Bloomberg Gold investors returning from their summer holidays will be eager to see whether the precious metal can sustain its record-breaking rally, or if it will succumb to the curse…
- businessweekly
- September 2, 2024
- 87 views
Steel industry leaders in US have high hopes for revival in 2025
Bloomberg American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the lackluster demand and low prices that have hobbled the industry…
- businessweekly
- September 2, 2024
- 177 views
CBZ Bank appoints experienced banker Gift Simwaka as new MD
Francis Gakanje CBZ Bank has announced the appointment of Gift Simwaka as its new Managing Director, effective September 1, 2024. Mr Simwaka brings to the role over 26 years of…
- businessweekly
- September 2, 2024
- 144 views
First Capital Bank non-performing loans ratio improves
Nelson Gahadza Business Reporter First Capital Bank (FCB) loans to customers in the half-year to June 30, 2024, increased to US$94,7 million from US$86,1 million at the end of 2023,…
Ashly Dhani
- businessweekly
- August 30, 2024
- 160 views
Zim forex earnings rise, driven by exports and remittances
Business Writer Zimbabwe’s foreign currency receipts saw a significant increase in the first half of 2024, driven by a surge in export earnings and diaspora remittances, according to the…
- businessweekly
- August 30, 2024
- 170 views
Tanganda excites Mozambican market
Business Writer
- businessweekly
- August 30, 2024
- 165 views
Zimbabwean firms shine in Maputo
Golden Sibanda in Maputo, Mozambique
- businessweekly
- August 30, 2024
- 117 views
Import pressure to drive ZIG depreciation in second half
Business Writer Local currency, the Zimbabwean Gold (ZIG), is set to face depreciation pressures in the second half of 2024, driven primarily by increased import demands and substantial infrastructure spending,…