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- businessweekly
- June 17, 2019
- 30 views
Oil prices slip as economic worries outweigh tanker tensions
LONDON – Oil prices slipped on Monday as signs of an economic slowdown amid international trade disputes began to outweigh supply fears that were stoked by attacks on oil tankers…
- businessweekly
- June 17, 2019
- 59 views
Nigeria to shut bank accounts of firms which import FX restricted goods
LAGOS – Nigeria’s central bank said on Friday it will close the bank accounts of firms caught smuggling into the country any goods for which access to foreign exchange has…
- businessweekly
- June 17, 2019
- 62 views
Zim begins consultations on Free Continental Trade Area implementation trategy
HARARE – Zimbabwe will this week start canvassing for stakeholder input into its national strategy for implementing the African Continental Free Trade Area (AfCFTA), which will guide its participation in…
- businessweekly
- June 17, 2019
- 61 views
RBZ denies “fake news”
BH24 Reporter HARARE – The Reserve Bank of Zimbabwe has dismissed messages circulating on social media to the effect that there is a ‘People’s Market’ on the physical address of…
- businessweekly
- June 17, 2019
- 95 views
Collateral Registry set up edges closer
Kudakwashe Mhundwa HARARE – The Reserve Bank of Zimbabwe says it is in the process of finalising the Collateral Registry. The registry has been on the cards since 2017. Establishment…
- businessweekly
- June 14, 2019
- 69 views
Inflation is healthy for the economy – but too much can trigger a recession
Richard S. Warr In a healthy economy, prices tend to go up – a process called inflation. While you might not like that as a consumer, moderate price growth is…
- businessweekly
- June 14, 2019
- 54 views
Russia’s Gazprom Neft urges OPEC to raise oil output
ST PETERSBURG – OPEC and non-OPEC producers should raise oil production starting from the second half of the year to balance the market and keep prices at an acceptable level,…
- businessweekly
- June 14, 2019
- 60 views
Rand steady as investors mull developments ahead of long weekend
JOHANNESBURG – South Africa’s rand held steady on Friday as investors assessed local and international political developments ahead of a long weekend and a U.S. Federal Reserve meeting next week.…
- businessweekly
- June 14, 2019
- 81 views
Ariston requires US$1.5 mln to repair Cyclone Idai damaged estates
HARARE – Listed agro-industrial firm, Ariston Holdings said on Thursday it requires an estimated US$1.5 million to rehabilitate its estates that were damaged by Cyclone Idai which hit mostly eastern…
- businessweekly
- June 14, 2019
- 91 views
Digitization thwarts vehicle insurance leakages
The move by the Insurance Council of Zimbabwe to implement online insurance renewals has reduced leakages in the vehicle insurance sector.