Ashly Dhani
- businessweekly
- August 22, 2024
- 89 views
Another disastrous season for cotton looms
Business Writer A shortage of cotton planting seed is expected after the country recorded a record low cotton production this year, industry experts have warned. After producing a mere 13…
- businessweekly
- August 22, 2024
- 137 views
Zim uses gold-backed ZiG to pay for 40 pc of transactions
Bloomberg The ZiG is the country’s sixth attempt at having its own functioning currency over the past 15 years and is backed by foreign currency reserves as well as the…
- businessweekly
- August 22, 2024
- 281 views
Econet revenue grow 133pc in FY24
Business Writer Econet Wireless, Zimbabwe’s largest telecoms operator, has posted an inflation-adjusted revenue of $14.8 trillion for the financial year 2024, marking a significant 133 percent growth compared to the…
- businessweekly
- August 21, 2024
- 90 views
Retailers plead for urgent policy intervention
Martin Kadzere The Confederation of Zimbabwe Retailers (CRZ) has warned that the volatility of the exchange rate and ongoing currency imbalances are placing enormous strain on businesses’ operational capacities, disrupting…
- businessweekly
- August 21, 2024
- 128 views
ZimReal 2024 to highlight REITs’ potential
Business Writer Real Estate Investment Trusts (REITs) hold immense potential to propel property development and accelerate urban renewal. This has been a key talking point ahead of the ZimReal 2024…
- businessweekly
- August 21, 2024
- 86 views
No plans to temper with remittances – Govt
Michael Tome GOVERNMENT has no intentions to temper with remittances and will continue treating them as free funds, Finance, Economic Development and Investment Promotion Secretary, George Guvamatanga has said. According…
- businessweekly
- August 21, 2024
- 114 views
Concern over mounting economic challenges
Business Writer Listed firms have expressed concerns over ongoing challenges in Zimbabwe’s economy, despite the introduction of the Zimbabwean Gold (ZiG) currency. Companies such as Amalgamated Regional Trading (ART), OK…
- businessweekly
- August 21, 2024
- 235 views
ZERA moves to regulate construction of fuel retail sites
In a development expected to allay public concerns about the location of some service stations, the Zimbabwe Energy Regulatory Authority (ZERA) on Tuesday said it is developing a framework to…
- businessweekly
- August 21, 2024
- 171 views
Zimplats mining volumes up 2 percent in FY24
Business Writer Platinum miner, Zimplats, says mining volumes for the year to June 30, 2024 rose 2 percent year-on-year, benefitting from pillar reclamation activities at Rukodzi Mine and the continued…
- businessweekly
- August 20, 2024
- 182 views
Schweppes goes for backward integration
Tapiwanashe Mangwiro Schweppes Zimbabwe is making a strategic move to secure the future of its iconic Mazoe Orange Crush by launching a US$28 million citrus project. This initiative aims to…