Vusumuzi Dube
- businessweekly
- August 30, 2024
- 456 views
Unilever Zim exit: Failure to innovate or economic challenges?
Business Writer After nearly eight decades of operating in Zimbabwe, Unilever, one of the multinational consumer goods giants, reportedly announced its intention to pull out of the country by the…
- businessweekly
- August 30, 2024
- 124 views
Livestock sector under threat, faces climate change criticism
Oliver Kazunga The Livestock and Meat Advisory Council (LMAC) has urged African governments to unite in rejecting accusations from highly industrialised Western countries that the livestock sector is a major…
- businessweekly
- August 30, 2024
- 100 views
Is forex parallel market rate a fallacy?
Tapiwanashe Mangwiro The country has been seeing an increase in the parallel market rates over the past three weeks despite efforts to cool the market by the Reserve Bank of…
- businessweekly
- August 30, 2024
- 128 views
Zimbabwe’s 40-tonne gold target may be elusive
Business Writer ZIMBABWE’S gold production increased by 33,5 percent in July, but the target of 40 tonnes set for 2024 cumulative production remains elusive. The country’s gold sector continues to…
- businessweekly
- August 30, 2024
- 204 views
Power generation project plans impress SAPP
Tapiwanashe Mangwiro The Southern African Power Pool (SAPP) has endorsed Zimbabwe’s strategic plan for energy sector investments, aimed at attracting more projects to address the growing demand for electricity. Like…
- businessweekly
- August 30, 2024
- 103 views
What the informal economy tells us about life on the fringes
For many, the informal sector is a sanctuary from the alphabet soup of agencies that would like to regulate them — the South African Revenue Service (Sars), the Companies and…
- businessweekly
- August 30, 2024
- 111 views
Grain gaps must be filled
Zimbabwe should be self-sufficient in grains. It is now producing surpluses of wheat and in normal rainfall years a surplus of maize and traditional grains. But we are still importing…
- businessweekly
- August 30, 2024
- 122 views
Indigenous bank proposes US$35bn loan facility to Govt
Golden Sibanda Indigenously owned commercial bank, Time Bank of Zimbabwe (Time Bank), has proposed to offer a syndicated loan of US$35 billion to the Government of Zimbabwe for purposes of…
- businessweekly
- August 30, 2024
- 125 views
Forex shortage pressures pricing, consumer behaviour
Nelson Gahadza Ok Zimbabwe says the shortage of foreign currency in the formal channels continues to exert pressure on exchange rate dynamics, with a significant impact on pricing, consumer behaviour…
- businessweekly
- August 30, 2024
- 93 views
‘Operating environment remains tough’
Nelson Gahadza Companies are projecting the operating environment to remain uncertain given the ongoing shortage of liquidity in terms of forex for working capital and limited USD borrowings. In addition,…