IMF speaks on economic development

International Monetary Fund Zimbabwe representative Patrick Imam had an in-depth interview with The Business Weekly to air the international lenders views on economic developments in the country as well as…

Sunshine beams through inflation cloud

The month-on-month inflation figures for July were both a horror story and a bright beam of hope. The horror story was the actual figure. The Consumer Price Index rose 21…

DPA doubles client base as demand for solar energy soars

Own correspondent Distributed Power Africa (DPA) has more than doubled its client base as the demand for solar energy soars amid the local power challenges, becoming the largest installer of…

Old Mutual fires Moyo for second time

Business Writer Insurer Old Mutual said on Thursday that it would explore all reasonable options to end a dispute with its fired boss Peter Moyo, after a court ruled last…

Old Mutual ring-fences Zim operations

Business Writer South African-based Old Mutual Group says it has “ring-fenced” its Zimbabwe operation in view of failure to access dividends from its Zimbabwean unit which is operating in a…

Africa’s climate gets worse for farming

Perceptions of climate conditions for farming are getting worse on the African continent, according to survey group Afrobarometer. In a public opinion survey of 34 countries, Afrobarometer found that 49…

Sugar exports forecast at 21pc

Golden Sibanda Zimbabwe’s sugar exports are forecast to increase by 21 percent to 145 000 tonnes in 2019, from 120 000 tonnes last year on the back of increased production…

SA’s inflation surprise at six-month low

Investors in South African bonds are cheering a slowdown in inflation, which has given the central bank more room to lower interest rates. Forward-rate agreements moved to price in a…

Mash shows resilience despite headwinds

Kudzanai Sharara Zimbabwe Stock Exchange-listed entity Mashonaland Holdings says economic challenges currently being experienced in the country negatively affected capacity utilisation of businesses and consequently profitability in real terms. The…

Did you know?: Turnall Holdings Limited history

Fradreck Gorwe Turnall Holdings Limited’s protracted history stretches back to 1943 when Porters Cement Industries’ Harare Works produced its first Asbestos Cement (AC) sheets. The Zimbabwe Stock Exchange counter is…

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