Zim 2018 milk output up 18pc
Kudakwashe Mhundwa HARARE – Zimbabwe`s milk output for 2018 increased 18 percent to 21 million litres from 17,8 million litres produced during the previous year, statistics provided by the Reserve…
Africa’s megacities: Magnet for investors
Megacities, cities with a population of at least 10 million, are sprouting everywhere in Africa. Cairo in Egypt, Kinshasa in the Democratic Republic of the Congo and Lagos in Nigeria are already megacities, while Luanda in Angola, Dar es Salaam in Tanzania and Johannesburg in South Africa will attain the status by 2030, according the United Nations.
Public transport subsidy could be a game changer
Government earlier this week announced plans to subsidise public transport through ZUPCO, a move that will cost $8 million monthly according to Secretary for Finance and Economic Development George Guvamatanga.
Airlines seek damages for Boeing 737 Max
China’s biggest airlines sought compensation from Boeing Co for order delays and losses caused by the grounding of its 737 Max jet in the wake of two deadly crashes.
US firms in China moot relocation
About a fifth of US companies in China are considering moving some or all of their production out of the country to deal with the trade tensions, and a third are delaying or cancelling investment decisions, according to a survey of 239 American firms in the market.
Mboweni bemoans Eskom’s debt ‘madness’
Sa’s embattled state power utility Eskom must prioritise collecting the money it is owed by municipalities as a first step toward becoming financially sustainable, says finance minister Tito Mboweni.
Panasonic halts component shipments to Huawei
Panasonic has halted shipments of some components to Huawei to comply with proposed US export restrictions in the latest setback for the Chinese telecoms equipment maker.
Small businesses suffer as power cuts continue
Nelson Masaka heaves a hindquarter of beef on his shoulder from a truck and trudges inside his butchery shop, wondering how he would survive Zimbabwe’s worst power cuts in three…
Take up accounting profession, women told
Institute of Chartered Accountants of Zimbabwe (ICAZ) networking platform for female members — Women Chartered Accountants NetWork (WeCan), is targeting to increase women participation in the sector to 50 percent by 2021.
Treasury Bill Auction System set for Q4
The Treasury Bill Auction System will be operational by the start of the fourth quarter of this year, Finance and Economic Development Minister Mthuli Ncube has said.










