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- businessweekly
- June 28, 2019
- 86 views
Leveraging on country’s culture
Practical and Action Oriented National Branding Strategies and Approaches for Zimbabwe (Part Three Article)
- businessweekly
- June 27, 2019
- 64 views
Why credit rating agencies are still getting away with bad behaviour
International credit rating agencies have had their fair share of controversies over the years. They have been at the centre of the major financial crises from the financial markets collapse of New York City in the mid-1970s, the Asian financial crisis of 1997 – 1998, the Enron scandal of 2001, to the global financial crisis of 2008. All of these cost investors globally billions.
- businessweekly
- June 27, 2019
- 53 views
Sino-U.S. trade truce hopes rekindle risk appetite
LONDON – Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations’ leaders in Tokyo.
- businessweekly
- June 27, 2019
- 64 views
Rand slips in profit-taking ahead of G20 summit
JOHANNESBURG – South Africa’s rand retreated early on Thursday, pausing after a two-day advance as investors took profits and looked ahead to the G20 summit where the United States and China are set to agree a truce in their tariff war.
- businessweekly
- June 27, 2019
- 85 views
Zim govt pays Eskom US$10 mln, clears its debt to Zesa
HARARE – The Zimbabwean government said on Wednesday it has made a part payment of US$10 million to clear its debt to South African power utility, Eskom which is expected to create room for more power imports from the neighbouring country.
- businessweekly
- June 27, 2019
- 76 views
REA targets 60 percent of Zim’s rural populace for modern energy sources
Government is forging ahead with its thrust to modernise rural areas with the Rural Electrification Agency (REA) pledging to bring access to electricity to 60 percent of the rural populace by 2030 in line with President Mnangagwa’s vision to make Zimbabwe an upper middle income economy by 2030.
- businessweekly
- June 27, 2019
- 65 views
Star Africa posts sweet profit
HARARE – Zimbabwe Stock Exchange-listed sugar producer Star Africa Corporation posted an RTGS$8, 8 million profit after tax, a 132 percent in the positive from $3, 8 million recorded in the same period last year.
- businessweekly
- June 26, 2019
- 69 views
Key economic players back Zim dollar
Confederation of Zimbabwe Industries, bankers and exporters have thrown weight behind the reintroduction of the local currency as this will boost public confidence and will ease the foreign currency demands.
- businessweekly
- June 26, 2019
- 94 views
ZPC expects Bulawayo thermal power station to deliver 90 megawatts after refurbishment
HARARE – The Zimbabwe Power Company (ZPC) said on Tuesday it expects the Bulawayo Thermal Power Station to produce at least 90 Megawatts of electricity, up from the current 30 Megawatts, after completion of a re-powering project that it is undertaking.
- businessweekly
- June 26, 2019
- 81 views
How giving young people basic financial skills helps them find jobs
The picture in South Africa is a bleak one for the average 15 – 24 year old. Many have finished their schooling with a qualification of little value in the eyes of employers. And they lack the basic skills that employers now need. The result is that a staggering 39,6% (narrow definition) or 55,2% (expanded definition which includes those who have stopped actively looking for work) are unemployed.