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- businessweekly
- May 17, 2019
- 199 views
Stock Market Weekly Review
Enacy Mapakame Gains in heavy cap counters kept the Zimbabwe Stock Exchange (ZSE) in the black as all the benchmark indices closed pointing upwards. In the week to Wednesday, the primary…
- businessweekly
- May 17, 2019
- 68 views
Hwange Power Station funding under threat
Golden Sibanda in Kariba Zimbabwe might face challenges accessing the US$1 billion loan facility from China Eximbank for Hwange Power Station expansion following the change of functional currency that resulted…
- businessweekly
- May 17, 2019
- 82 views
IMF: Economic reforms on track but . . .
Kudzanai Sharara The International Monetary Fund (IMF) has given the nod to fiscal policy measures that are currently being implemented by Government through treasury, arguing they are a step in…
- businessweekly
- May 17, 2019
- 83 views
Zim’s GDP to bounce in 2020: Mthuli
Africa Moyo and Tawanda Musarurwa Zimbabwe’s Gross Domestic Product (GDP) is expected to rise significantly in 2020, after a number of exogenous factors conspired to flat-line economic growth this year,…
- businessweekly
- May 17, 2019
- 95 views
Debt hurdle poser for power imports
Golden Sibanda Zimbabwe’s plans to import power from the region to cover its acute internal power supply deficit occasioned by reduced generation at Kariba, faces debt hurdles following revelations the…
- businessweekly
- May 17, 2019
- 72 views
Efficient forex markets needed
Markets are usually efficient in the long run and are generally accepted as the most efficient way to allocate resources, but that theoretical efficiency can be devalued by the expectations…
- businessweekly
- May 17, 2019
- 79 views
RBZ fast tracks fuel deliveries
Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) says it has worked out a mechanism to ensure Letters of Credit (LCs) for the procurement of fuel overlap to minimise supply…
- businessweekly
- May 17, 2019
- 84 views
Load-shedding: Crisis that was long coming
Taking Stock Kudzanai Sharara When Zesa announced it would implement load-shedding across the country, the main reason was that it was no longer able to generate power at maximum capacity…
- businessweekly
- May 17, 2019
- 102 views
BAZ re-elects FBC boss
Business Writer Fbc Bank Limited managing director Webster Rusere, has been given a vote of confidence by the Bankers Association of Zimbabwe (BAZ) after being re-elected president. Rusere was re-elected…
- businessweekly
- May 17, 2019
- 168 views
AngloPlat commissions US$62m Unki smelter
Enacy Mapakame Anglo American Platinum on Thursday commissioned a $62 million smelter at its Unki Mine in Shurugwi, as it seeks to meet local value addition and beneficiation commitments. The custom-designed,…