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- businessweekly
- June 3, 2019
- 142 views
ZETDC getting 136MW from IPPs
Tawanda Musarurwa HARARE – The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is receiving 136 megawatts from Independent Power Producers (IPPs), Energy and Power Development Minister Fortune Chasi has revealed.…
- businessweekly
- May 31, 2019
- 111 views
US$3,8bn pension assets survive inflation
Insurance and pension management companies emerged out of a prolonged hyperinflation period that lasted up to the end of year 2008 with assets worth more than US$3,8 billion intact and should have been able to meaningfully compensate policyholders and beneficiaries, Business Weekly can reveal.
- businessweekly
- May 31, 2019
- 93 views
Gold miners demand 90pc forex retention
ZIMBABWE’s gold mining companies have demanded a 40 percentage point increase in the foreign currency retention threshold to about 90 percent arguing they need more of their proceeds in hard currency for procurement of key imported inputs.
- businessweekly
- May 31, 2019
- 79 views
IDC, Indian firm in trucks deal
The Industrial Development Corporation (IDC) has signed an agreement with an Indian vehicle manufacturer to commence assembling trucks at its plant in Harare, an official has revealed.
- businessweekly
- May 31, 2019
- 76 views
Stocks rally amid flight to safety
Old Mutual Zimbabwe believes the rally that is currently prevailing on the local stock market is being driven by investors looking to preserve value.
- businessweekly
- May 31, 2019
- 116 views
ZGA ‘back on basics’?
As part of efforts to develop golf from grassroots level and restore fading glory in the country, Zimbabwe Golf Association (ZGA) has gone back to basics to equip golf trainers with professional knowledge at a workshop to be held in Harare next week.
- businessweekly
- May 31, 2019
- 91 views
Zesa tariff hike will trigger inflation: Mthuli
Finance and Economic Development Minister Mthuli Ncube has ruled out possible tariff hike by State power utility Zesa amid concerns that doing so would trigger another round of steep prices increases and exert more pressure on already high inflation.
- businessweekly
- May 31, 2019
- 70 views
Ebi to feature in five Women’s World Cups
When the 2019 FIFA Women’s World Cup gets underway in France on June 7, Super Falcons legend, Onome Ebi will be the first African woman to appear in five mundials if she features for Nigeria.
- businessweekly
- May 31, 2019
- 52 views
Govt injects US$120m for winter wheat double output
Government has availed US$120 million towards procurement of critical inputs to support farmers under the 2019 winter wheat production, according to Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa.
- businessweekly
- May 31, 2019
- 74 views
Can grocery stores embrace technology?
Technology is going to be a huge component of the grocery landscape in the years to come, but grocers still have their work cut out for them. Dana Krug, vice president and general manager of food and beverage at Phononic, shared more about the challenges grocers face in an interview.