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- businessweekly
- May 31, 2019
- 100 views
Intratek seeks leave for execution of judgement
INTRATREK Zimbabwe, a local private firm fronted by Harare businessman Wicknell Chivayo, has filed a high court application seeking leave for the execution of judgment pending appeal on an order in which a High Court case ruling went in its favour following a contractual dispute with Zimbabwe Power Company (ZPC) relating to the Gwanda Solar project.
- businessweekly
- May 31, 2019
- 78 views
Kwesé to broadcast Castle Africa 5-a-side football
Pan-African channel, Kwesé Free Sports, has announced plans to broadcast the second edition of Africa’s Premier Social Football League, Castle Africa 5-a-side football from the tournament’s national and continental finals to an estimated 100 million viewers across the continent.
- businessweekly
- May 31, 2019
- 68 views
ED warns cartels
President Mnangagwa has said the time is up for cartels that abuse public procurement systems.
- businessweekly
- May 31, 2019
- 124 views
Fresh lease of life for David Whitehead
Local firm, Agri Value Chain (AVC), has acquired a 52 percent stake in David Whitehead Textile Ltd (DWTL) for $5,4 million, paving way for the long awaited resuscitation of the fabric maker, sources familiar with the latest development have said.
- businessweekly
- May 31, 2019
- 93 views
Steward Bank partners C-Trade
Steward Bank says it has partnered with mobile and Online trading platform C-Trade to enhance retail investor participation in local capital markets.
- businessweekly
- May 31, 2019
- 78 views
Zim needs own currency
Come to think of it, if those manufacturing companies currently in production tried to raise their capacity even by a modest margin, a good part of this challenge could be taken care of since they would be able to raise economies of scale, thereby hopefully, keeping prices at a reasonable level while achieving decent profit margins in the same breath! The overall result would be a better managed inflation regime and a consequent stabilisation of the local currency. But sadly, a study done by the CZI in 2017 revealed that the manufacturing industry’s production capacity then, was only 45 percent — that is below half of the total!
- businessweekly
- May 31, 2019
- 70 views
As Trump and Xi battle over trade
Africa, largely ignored in a US-China trade war that could roil economies worldwide, is quietly piecing together the world’s largest free-trade zone.
- businessweekly
- May 31, 2019
- 219 views
Stock Market Weekly Review
Bulls charged on the Zimbabwe Stock Exchange (ZSE) this week with the mainstream All Share index closing 27,51 percent higher to 191,47 level, as the market rallied with investors looking for a safe haven for the depreciating local currency.
- businessweekly
- May 31, 2019
- 90 views
Closing a failed small business
The situation for small business owners in the country has reached another level.
- businessweekly
- May 31, 2019
- 412 views
Treatment of remuneration for employees’ tax purposes
Every employer who pays or grants any remuneration to an employee is required to deduct Employees Tax (PAYE) and remit it to the Zimbabwe Revenue Authority within the periods given in terms of Section 73 as read with the Thirteenth Schedule of the Income Tax Act.