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- businessweekly
- May 10, 2019
- 65 views
Oil gains as supply factors offset trade tensions
LONDON – Oil prices rose on Friday even as the start of U.S. President Donald Trump’s tariff hike on $200 billion of Chinese goods kept tensions high in the trade…
- businessweekly
- May 10, 2019
- 54 views
Rand steady as ruling party takes lead in elections
JOHANNESBURG – South Africa’s rand was mostly unchanged in early trade on Friday, as vote counting showed the ruling African National Congress to hold a commanding lead in an election…
- businessweekly
- May 10, 2019
- 99 views
Tourism Minister engages stakeholders in Kariba
Kudakwashe Mhundwa HARARE – The Minister of Environment, Tourism and Hospitality Industry Prisca Mupfumira is today meeting with stakeholders in the hospitality industry to map out strategies to boost both…
- businessweekly
- May 10, 2019
- 68 views
Inflation likely to decline going forward
Michael Tome HARARE – Zimbabwe is likely to experience a decline of inflation as the year progresses towards mid-year owing to slackening demand on the market due to customers’ limited…
- businessweekly
- May 10, 2019
- 91 views
Zim engages Belarus over agric equipment
Kudakwashe Mhundwa HARARE – Government says it is in negotiations with Belarus for the supply of 3 000 farming implements including combine harvesters and irrigation equipment, as it is moving…
- businessweekly
- May 10, 2019
- 215 views
Asbestos industry faces collapse
Martin Kadzere Shabanie and Gaths mines might have reached a stage where re-opening them may no longer be feasible given the high levels of structural weaknesses and the huge capital…
- businessweekly
- May 10, 2019
- 87 views
Interbank forex fails to meet demand
Kudakwashe Mhundwa Zimbabwe’s industry remains trapped in the throes of critical foreign currency shortage amid revelations only US$85 million has been traded on the interbank foreign exchange market since the…
- businessweekly
- May 10, 2019
- 80 views
Agribank clinches John Deere deal. . . details being thrashed
Africa Moyo AGRIBANK has been selected as the agent of John Deere, which is keen to avail up to US$50 million to fund the modernisation of local agriculture to ensure…
- businessweekly
- May 10, 2019
- 74 views
Banks tighten purse strings
Africa Moyo Most financial institutions are tightening on lending as they try to significantly reduce Non-Performing Loans (NPLs) ratios. This comes as most banks increased total loans and advances last year…
- businessweekly
- May 10, 2019
- 104 views
Govt targets 2m tonnes carbon, stainless steel
Ishemunyoro Chingwere GOVERNMENT envisions the production of at least 2 million tonnes of carbon and stainless steel, of which ferrochrome — one of the key ingredients — is produced locally. The…