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- businessweekly
- November 25, 2019
- 89 views
More transparency needed on out-of-budget spending
Tawanda Musarurwa Zimbabwe is currently experiencing the impact of inflationary pressures, which has affected both individuals and businesses. It’s a stage in the economic cycle, which key economic policies, including…
- businessweekly
- November 25, 2019
- 52 views
China’s Saudi crude imports rise 76% in October on increasing demand
BEIJING – China’s crude oil imports from Saudi Arabia rose 76.3% in October, boosted by demand from new refiners, with the kingdom retaining its position as the top supplier to…
- businessweekly
- November 25, 2019
- 74 views
S&P downgrades South Africa’s outlook to negative
S&P Global on Friday downgraded its outlook for South Africa’s credit rating to negative, citing weak pace of economic growth, mounting government debt burden and liabilities related to the country’s…
- businessweekly
- November 25, 2019
- 67 views
Fuel price marginally up
Fuel prices have gone up marginally from today (Monday), the country’s energy regulator announced yesterday. The Zimbabwe Energy Regulatory Authority (Zera) has been reviewing prices weekly since August, keeping these…
- businessweekly
- November 25, 2019
- 30 views
NTS expands distribution network
Chipo Chaumba Listed distributor and retailer, National Tyre Services Limited (NTS) has opened a new fitment centre in Msasa industrial site as it expands its distribution network. This comes months…
- businessweekly
- November 22, 2019
- 66 views
Dollar slips as Chinese comments marginally boost risk appetite
LONDON – The dollar was marginally down on Friday and risk appetite boosted by statements from China on the need to find a solution to the tit-for-tat tariff war with…
- businessweekly
- November 22, 2019
- 77 views
South African Airways, NTM union sign wage deal
South African Airways, NTM union sign wage deal JOHANNESBURG (Reuters) – South Africa’s National Transport Movement (NTM) on Friday signed a wage deal with struggling South African Airways (SAA) for…
- businessweekly
- November 22, 2019
- 87 views
Manicaland province has potential to benefit from vast market of the African continent
Manicaland province can benefit from the vast market on the African continent if it makes its mining, agriculture and tourism sectors fully operational, a senior government official has said. Manicand…
- businessweekly
- November 22, 2019
- 78 views
Low consumptions hits Truworths
Tawanda Musarurwa With low disposable incomes becoming the order of the day, listed clothing retailer Truworths expectedly took a knock in sales during the first quarter to October 6, 2019.…
- businessweekly
- November 22, 2019
- 70 views
India readies US$500m for power projects
India is ready to extend nearly half a billion United States dollars to support three key power projects in Zimbabwe, an Indian diplomat has revealed, adding the concessional loans either awaited signatures of parties or project tenders.