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- businessweekly
- June 24, 2019
- 51 views
Rand stretches gains as Fed, ECB turn dovish
JOHANNESBURG – South Africa’s rand firmed early on Monday, adding to the previous session’s gains as sentiment toward emerging markets overall was soothed by softening interest rate outlooks in the…
- businessweekly
- June 24, 2019
- 73 views
Zim forging ahead with debt clearance plan
MAPUTO – Zimbabwe will pursue the possibility of getting bridging finance from International Financial Institutions (IFIs) starting early next year to clear its arrears with the global lenders, a Cabinet…
- businessweekly
- June 24, 2019
- 46 views
GetBucks shareholders approve ZWL$5 mln capital raising initiative
HARARE – Listed –Micro-financier, GetBucks Limited said on Monday its shareholders approved a rights issues to raise ZWL$5 million (about US$794 000) to grow its capital base and fund operations.…
- businessweekly
- June 24, 2019
- 87 views
TSL expands into horticulture
Michael Tome HARARE – TSL is planning on diversifying into chili and banana production (horticulture) for exports into the region and beyond as the firm aims to strengthen its foreign…
- businessweekly
- June 21, 2019
- 69 views
Some pension funds protecting values in US dollars
Tawanda Musarurwa The Reserve Bank of Zimbabwe (RBZ) has been supporting some pension companies in the country to preserve the value of their funds in United States dollars, the bank’s…
- businessweekly
- June 21, 2019
- 47 views
What does the Trump administration want from Iran?
Noah Weisbord Two oil tankers were attacked on June 13 off the coast of Oman, forcing the crew members of one burning ship to flee. It was the latest in…
- businessweekly
- June 21, 2019
- 61 views
Inflation drop may be at core of case for Fed rate cuts
WASHINGTON – June 2018 was a blue-sky month for the Federal Reserve, with strong economic growth, low unemployment, and inflation expected to top the U.S. central bank’s 2% target for…
- businessweekly
- June 21, 2019
- 76 views
South Africa’s Reserve Bank expected to cut rates soon
JOHANNESBURG – South Africa’s Reserve Bank will probably cut interest rates next month or in September to boost the country’s economy, a Reuters poll found on Friday. A median forecast…
- businessweekly
- June 21, 2019
- 71 views
Zim misses winter wheat production target
HARARE – Zimbabwean farmers have failed to put the targeted 75 000 hectares of land under winter wheat, increasing fears of shortages on the local market, the Senate heard on…
- businessweekly
- June 21, 2019
- 158 views
Paynet Zimbabwe partners Ecocash
Michael Tome HARARE – EcoCash has collaborated with Paynet for salary payments using the latter’s software. The initiative will enable companies to pay salaries directly into their employees’ (likely middle…