happiness Chikwanha
- businessweekly
- May 28, 2019
- 104 views
Border reports slump in timber production
Forestry and sawmilling concern, Border Timbers says lumber production volumes for the eight months to February 2018 declined 26 percent compared to the same period last year due to power outages experienced in the trading period.
- businessweekly
- May 28, 2019
- 80 views
Foreign investors pile into Delta
Zimbabwe Stock Exchange (ZSE) biggest company by market capitalisation — Delta — as well as biggest insurance group — Old Mutual have remained attractive to foreign investors despite the challenges the economy faces.
- businessweekly
- May 28, 2019
- 89 views
Zesa overuses Kariba by 57 percent
Zimbabwe is now generating significantly less power at Kariba South than the plant’s rated capacity. This is after it exceeded its allocated ration by 57 percent in the first quarter of this year, as it battled supply challenges at Hwange Power Station.
- businessweekly
- May 28, 2019
- 65 views
Mineral output falls in Q1
Growth of Zimbabwe’s mining industry will rebound by end of the year if teething issues, chief among them ‘low’ foreign currency retention thresholds and delayed payments to gold miners are resolved, captains of the mining industry have said.
- businessweekly
- May 28, 2019
- 30 views
RBZ warns banks over forex abuse
The Reserve Bank of Zimbabwe (RBZ) has warned it will take punitive action against banks flouting exchange control regulations after noting rampant abuse of nostro (domestic) foreign currency accounts (FCAs).
- businessweekly
- May 28, 2019
- 98 views
IPEC mulls benefits before retirement
The Insurance and Pension Commission (IPEC) is working on reforms that might see fund members benefiting from their pension funds before retirement amid growing questions over the relevance of pension in a highly volatile and largely unstable economic environment.
- businessweekly
- May 28, 2019
- 124 views
Illegal settlers booted off farms
Zimbabwe has started evicting illegal land occupants as Government moves to restore sanity in farming communities to improve productivity of the multi-billion dollar agriculture sector, senior officials have confirmed.
- businessweekly
- May 28, 2019
- 79 views
Forex repatriation worries ZSE investors
The acute foreign currency shortage being experienced in the country is limiting the participation of foreign investors on the equities market, as it hinders the repatriation of their gains.
- businessweekly
- May 28, 2019
- 95 views
Tobacco prices hit volumes
Low prices currently obtaining at the tobacco floors have resulted in constrained delivery of the golden leaf as farmers reportedly hold on to their crop in anticipation of an improvement in the price as the marketing season progresses.
- businessweekly
- May 28, 2019
- 105 views
Beef industry stampedes back to life
Zimbabwe’s famed beef industry, which collapsed in the 2000s following outbreaks of foot-and-mouth disease, is now rebounding.