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- businessweekly
- May 3, 2019
- 18 views
Industry demands ‘truly’ floating rate
Zimbabwe’s largest industrial lobby group, Confederation of Zimbabwe Industry (CZI), has demanded a ‘truly’ floating foreign exchange rate to improve foreign currency trading on the interbank market as well as its availability in order to ease the effect of parallel market rate premiums on prices.
- businessweekly
- May 3, 2019
- 84 views
Fallacy of pain before prosperity
In some distant future, a millennium or three from now, our civilisation may gather in a yet-to-be-discovered galaxy.
- businessweekly
- May 3, 2019
- 82 views
BAT in triple whammy battle
You only have to listen to British American Tobacco managing director Clara Mlambo to understand the impact that the “challenging” economic environment is having on business operations in the country.
- businessweekly
- May 3, 2019
- 66 views
Why are foreign investors wary of JSE?
Up to the end of last week, foreigners had been net sellers of R25,6 billion worth of shares on the JSE so far this year. This compares with net foreign purchases of R30,1 billion over the equivalent period in 2018.
- businessweekly
- May 3, 2019
- 74 views
Did you know?
Zimre Holdings Limited, a Zimabwe Stock Exchange-listing trading as ZIMR.zw, is an investment holding company that provides general insurance, health cover, reinsurance, life reassurance, reinsurance brokering and property services for private, commercial and corporate clients in Zimbabwe and abroad.
- businessweekly
- May 3, 2019
- 86 views
‘No Endgame in sight for Disney’s Success’
Disney blockbuster “Avengers:Endgame” passed the $1 billion box office mark in the opening weekend and J.P. Morgan sees the strength of the company’s core studio business as indicative of a strong year ahead.
- businessweekly
- May 3, 2019
- 101 views
Avocado revolution can teach growers
There has been a revolution in the Kenyan avocado export market, characterised by enormous growth over the past three years. After remaining a relatively small exporter of avocado for a prolonged period, Kenya has now overtaken South Africa to be the leading exporter of avocado in the continent and the seventh largest in the world.
- businessweekly
- May 3, 2019
- 90 views
Zimplats records 2pc output increase
The country’s largest platinum producer, Zimbabwe Platinum Holdings (Zimplats), has reported a 2 percent rise to 1 707 tonnes in output for the first quarter on a quarter-to-quarter basis.
- businessweekly
- May 3, 2019
- 69 views
Central banks buy gold in quest for safety
Net buying by central banks reached 145,5 tonnes in the first quarter, 68 percent higher year-on-year. This is the highest volume of Q1 net purchases since 2013 (179,1 tonnes), comfortably exceeding the five-year quarterly average of 129,2 tonnes. On a rolling four-quarter basis, demand reached a record high for our data series of 715,7 tonnes.
- businessweekly
- May 3, 2019
- 76 views
NMB to arrange US$20m exporters’ facility
Nmb Holdings is in the process of arranging a US$20 million exporters’ facility for local companies, chief executive Benefit Washaya has said.