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- businessweekly
- November 6, 2019
- 57 views
European shares tread water after mixed data, earnings
European shares took a breather on Wednesday after closing at a four-year peak in the previous session, as a mixed bag of earnings reports and weak services sector data from…
- businessweekly
- November 6, 2019
- 88 views
South African rand flat amid fears of gloomy economy
JOHANNESBURG – South African rand traded flat on Wednesday, hovering near a four-session peak, as cautious investors awaited clues on the economy ahead of key manufacturing data. The statistics agency…
- businessweekly
- November 6, 2019
- 113 views
Zim needs to simplify intellectual property laws
HARARE – Zimbabwe should simplify existing frameworks on intellectual property rights to enable inventors to fully appreciate the issues, an official said this week. Justice Legal and Parliamentary Affairs permanent…
- businessweekly
- November 6, 2019
- 95 views
CBZ extends scope of Youth Entrepreneurship Programme
Panashe Chikonyora & Chipo Chaumba HARARE – Financial services provider, CBZ Holdings Limited has extended the scope of its annual Youth Entrepreneurship Programme (YEP) by widening its target age range…
- businessweekly
- November 5, 2019
- 74 views
China presses Trump for more tariff roll-backs in ‘phase one’ trade deal
WASHINGTON – China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one” U.S.-China trade deal, people familiar with the negotiations…
- businessweekly
- November 5, 2019
- 40 views
South Africa’s PetroSA eyes Russia for $359 mln farmout deal
CAPE TOWN/MOSCOW – South Africa’s national oil company PetroSA and Russia’s state geological company Rosgeologia are in talks to finalise a $359 million farmout deal to give Russia its first…
- businessweekly
- November 5, 2019
- 132 views
Bond notes to be gradually removed from circulation
HARARE – Bond notes and coins will continue being used as legal tender in Zimbabwe for a limited period alongside new notes and coins which will be put into circulation…
- businessweekly
- November 5, 2019
- 118 views
NetOne angles for greater innovation
Chipo Chaumba HARARE – NetOne has partnered with Harare Institute of Technology (HIT) to promote game changing innovations through Research and Development. This partnership resonates with NetOne’s vision to offer seamless communication delivered with…
- businessweekly
- November 4, 2019
- 76 views
How failing power utility is fuelling South Africa’s economic crisis
Mark Swilling South Africa’s state power utility Eskom is the biggest challenge facing the country. Mess up Eskom, and you mess up the country. And it looks as though key…
- businessweekly
- November 4, 2019
- 45 views
Oil prices creep higher on tentative U.S.-China hopes
LONDON – Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day’s boost from growing expectations of a U.S.-China trade…