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- businessweekly
- July 12, 2019
- 50 views
ZHL seeks to raise US$10m offshore
Business Writer Zimbabwe Stock Exchange-listed entity Zimre Holdings Limited (ZHL), is looking at raising US$10 million at its subsidiary Emeritus Reinsurance, sources familiar with developments have revealed. ZHL is currently trading…
- businessweekly
- July 12, 2019
- 75 views
First Mutual Holdings’ share price conundrum
Tawanda Musarurwa For a company that is paying dividends, has a decent record of positive earnings, First Mutual Holdings is currently trading below stated book value. A brief overview of…
- businessweekly
- July 12, 2019
- 113 views
If capitalism is broken, maybe it’s fixable
A book excerpt and interview with Joseph Stiglitz, a Nobel laureate in economics and author of “People, Power and Profits”. For decades Joseph Stiglitz has argued that globalisation only works…
- businessweekly
- July 12, 2019
- 93 views
Zim trims trade deficit by 72pc
Oliver Kazunga The country’s trade deficit narrowed by 72,7 percent between February and May this year to $300 million from $1,1 billion during the comparable period last year, official data…
- businessweekly
- July 12, 2019
- 80 views
CBZ scoops best bank award
Michael Tome The country’s biggest financial services group, CBZ Holdings Limited, on Wednesday scooped Zimbabwean best bank award at the Euromoney awards held in the United Kingdom. This award recognises…
- businessweekly
- July 12, 2019
- 381 views
Let’s grow sugar bean, it pays!
Dr John Basera Do not let anyone fool you, farming pays and pays big! But, some fundamentals have to be true! One of the key fundamentals for farming enterprise management…
- businessweekly
- July 12, 2019
- 92 views
Old Mutual ex-CEO ‘inflated sense of self-importance’
Old Mutual lambasted what it called former CEO Peter Moyo’s “inflated sense of self-importance” as the company opposed a legal bid he launched against his dismissal. In an answering affidavit…
- businessweekly
- July 12, 2019
- 50 views
Edgars hit by working capital constraints…Will resort to borrowing to close gap …SI 142 slows demand
Michael Tome Zimbabwe Stock Exchange-listed entity, Edgars Limited, says it intends to borrow more capital to fund its capex requirements, enhance growth in the micro finance unit and working capital,…
- businessweekly
- July 12, 2019
- 78 views
Zim poised for gold boom
Ishemunyoro Chingwere Zimbabwe is poised for a boom in gold production after Government announced that it will henceforth enforce a clause of the Mines and Minerals Act that gives the…
- businessweekly
- July 12, 2019
- 91 views
Humps ahead as Govt targets export-led industrialisation
Kudzanai Sharara The use of antiquated machinery coupled with shortages of both foreign currency and electricity will derail the country’s potential to achieve export-led industrialisation as highlighted in its recently…