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- businessweekly
- May 3, 2019
- 70 views
Why data raises threaten business continuity
This season was inevitable following the first quarter introduction and subsequent operation of the interbank foreign exchange market. Rather than ease the foreign currency issues, the past two months just saw the parallel market rate further lead against the official bank exchange rate of the dollar against the local RTGS.
- businessweekly
- May 3, 2019
- 63 views
Skin blemishes dent Padenga’s performance
Crocodile skin exporter Padenga Holdings Limited anticipates significant improvement in skin quality following prevention and control measures as the group targets over 83 000 premium quality skins this financial year.
- businessweekly
- May 3, 2019
- 72 views
Privatisation needs careful thought
Over the decades the Government has acquired ownership of a fair number of businesses and utilities, sometimes deliberately but sometimes almost by accident, and despite talk over the same decades about possible privatisation or partial privatisation little action was taken outside Dairibord and Cottco.
- businessweekly
- May 3, 2019
- 29 views
Debt reduction strategy pays off for Brainworks
Brainworks a Mauritian-based JSE-listed holding company with a Zimbabwean hotel and real estate investment portfolio — released annual results for the year ended December 31, 2018, reporting revenue up by 35 percent to US$79,3 million from US$58,6 million in the prior year.
- businessweekly
- May 2, 2019
- 123 views
ZB speaks on TBs
The smart thing to do will be for Government to honour Treasury Bills as they mature, a senior banking official has said amid fears that the budget constrained Government will resort to rolling them over as opposed to meeting its obligations.
- businessweekly
- April 30, 2019
- 23 views
Vaya steps in to handle waste disposal
Vaya Logistics, a division of Cassava, has stepped in to help private waste collectors to collect garbage in different parts of Harare.
- businessweekly
- April 30, 2019
- 37 views
Stanbic Bank Posts USD39.2 million PAT for 2018
Stanbic Bank posted a USD39.3 million profit after tax for the year ended 31 December 2018, up from USD27.6 million in the prior year.
- businessweekly
- April 29, 2019
- 55 views
U.S. oil-storage industry fines soar on air, water violations
Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year – even without including two major Houston-area disasters in the last month still under investigation – according to a Reuters analysis of federal data.
- businessweekly
- April 29, 2019
- 27 views
Rand firmer as dollar buyers tread water ahead of Fed comments
JOHANNESBURG – South Africa’s rand firmed early on Monday, scoring some relief against a slack dollar as investors looked ahead to key offshore events including a report from the U.S. central bank.
- businessweekly
- April 29, 2019
- 81 views
Unki mine production dips
HARARE – Platinum group metals (PGMs) production at Anglo American Platinum’s (Amplats) local unit, Unki Mine declined by 5 percent to 43 300 ounces in the first quarter of 2019, compared to the same period last year.