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- businessweekly
- July 19, 2019
- 102 views
Family mourns 6-year-old girl
OREM, Utah. — Relatives of a 6-year-old Utah girl who died after her father accidentally struck her with a golf ball are remembering her as a loving, playful child.
- businessweekly
- July 19, 2019
- 214 views
Stock Market Weekly Review
A positive sentiment prevailed on the Zimbabwe Stock Exchange (ZSE) this week with all the benchmarks closing in the black as investors seek a hedge against inflationary pressures.
- businessweekly
- July 19, 2019
- 75 views
Mixed feelings over new continental trade deal
ABUJA, NIGERIA. — A recently signed African Continental Free Trade Agreement (AfCFTA) is intended to increase trading among African nations and eliminate tariffs and bottlenecks. Some manufacturers in Nigeria, however, say that wading into the continental market could undermine local players and have negative implications.
- businessweekly
- July 19, 2019
- 53 views
Christmas comes early for rare earth miners
So the saga continues, China holds the threat of withdrawing REMs from the US, threatening to undermine global supply chains. These threats translated into action when China last week increased the import duties on ores and concentrates to 25 percent.
- businessweekly
- July 16, 2019
- 61 views
Rand boosted by rise in risk-on sentiment
JOHANNESBURG – South Africa’s rand inched up against the dollar on Monday after encouraging economic data from China assuaged concerns about a global economic slowdown and boosted appetite for riskier assets.
- businessweekly
- July 15, 2019
- 74 views
Why South Africa should revert to greater protection for some of its industries
After years of relative silence, debates about the pros and cons of tariffs in international trade have become a regular feature. The renewed interest has been sparked by the actions of US President Donald Trump, the first president since the Great Depression to impose, or threaten to impose, higher tariffs on imported goods.
- businessweekly
- July 15, 2019
- 72 views
Encouraging Chinese data pulls Asian shares higher
SYDNEY – Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing.
- businessweekly
- July 15, 2019
- 86 views
Edgars Stores ups performance in H1, 2019
HARARE – Clothing retailer Edgars Stores Limited said on Friday its year to date profit after tax for the period ending May this year shot to ZWL$8.7 million from ZWL$1.3 million in the same period last year as the company continues to enjoy brisk sales.
- businessweekly
- July 15, 2019
- 74 views
Zim’s June inflation at 175,6pc
HARARE – Zimbabwe’s annual inflation for June 2019 rose to 175,66 percent from 97,85 percent in May 2019, according to statistics from the Zimbabwe National Statistical Agency (ZimStats).
- businessweekly
- July 12, 2019
- 123 views
IPSAS to boost confidence in Govt accounting systems
Michael Tome HARARE – Secretary of Finance and Economic Development George Guvamatanga says the adoption of International Public Standards (IPSAS) will help increase confidence in government accounting records. Government together…