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- businessweekly
- November 11, 2019
- 68 views
RBZ to issue $300m TBs
Tawanda Musarurwa HARARE – The Reserve Bank of Zimbabwe (RBZ) is hoping for better fortunes in its latest Treasury Bills (TBs) auction, aimed at raising $300 million to fund Government…
- businessweekly
- November 8, 2019
- 226 views
Stock Market Weekly Review
Enacy Mapakame Bulls dominated activity on the Zimbabwe Stock Exchange (ZSE), which saw all indices closing in the black as investors turn to stocks for a safe hedge against inflationary…
- businessweekly
- November 8, 2019
- 103 views
Kariba power plant shut down imminent
Martin Kadzere State Power utility, Zesa Holdings, may be forced to stop generation at the Kariba Hydroelectric Plant as water levels have plummeted to critical levels, Business Weekly can reveal.…
- businessweekly
- November 8, 2019
- 94 views
Austerity has achieved goal: Mthuli
Golden Sibanda FINANCE and Economic Development Minister Professor Mthuli Ncube says the Government’s austerity measures have thus far achieved a significant portion of the milestones Treasury had targeted. However, a…
- businessweekly
- November 8, 2019
- 105 views
‘Agric, manufacturing to lead in job creation’
Martin Kadzere Zimbabwe is set to create more formal jobs through a combination of incentives and lines of credit mainly targeting the agriculture and manufacturing sectors, officials have said. Briefing…
- businessweekly
- November 8, 2019
- 85 views
‘New cash to flow into formal sector’
Tawanda Musarurwa The anticipated issuance of new notes and coins will result in cash eventually becoming available to formal sector players. The limited availability of hard cash had resulted in…
- businessweekly
- November 8, 2019
- 86 views
No respite for miners
Golden Sibanda MINING companies will likely not get their demand for an upward review of the foreign currency they retain on their export proceeds after Treasury indicated recently that Government…
- businessweekly
- November 8, 2019
- 93 views
Matsekete leaves FCB for Old Mutual
Business Writer Old Mutual Zimbabwe has appointed current First Capital Bank (FCB) managing director Samuel Matsekete as its chief executive officer with effect from January 1, 2020, the company announced…
- businessweekly
- November 8, 2019
- 165 views
US$70m smelter: Mimosa chickens out
Ishemunyoro Chingwere Zimbabwe’s second largest Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to establish a US$70 million refinery plant at the Zvishavane complex for local…
- businessweekly
- November 8, 2019
- 89 views
Policy, not goodies, needed in Budget
The 2020 National Budget is scheduled for next week, and presumably the business sector will be more interested in the spending plans of Minister of Finance and Economic Development Professor…