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- businessweekly
- April 12, 2019
- 62 views
RBZ to monitor externalised shareholding
The Reserve Bank of Zimbabwe says it allows for companies operating in Zimbabwe to partially externalise their shareholding, but warned it will enhance monitoring mechanisms to ensure that the dispensation is not abused.
- businessweekly
- April 12, 2019
- 73 views
Zim to go through IMF’s staff monitored programme
Government and the International Monetary Fund have reached an agreement on macroeconomic policies and structural reforms that can underpin a Staff Monitored Programme.
- businessweekly
- April 12, 2019
- 71 views
‘Pension, insurance firms have nowhere to hide’
Some insurance and pension companies that have invested members’ funds in assets such as property and on the Zimbabwe Stock Exchange (ZSE), have no moral high ground to claim that the funds have lost value, the Reserve Bank of Zimbabwe (RBZ) has said.
- businessweekly
- April 12, 2019
- 73 views
Invictus receives final data for Muzarabani oil prospect
Newly defined data released this week by Invictus Energy, has provided management with increased confidence regarding a sizeable increase in the prospective resource estimate of the Muzarabani oil prospect that currently stands at 3,9 Tcf (trillion cubic feet) and 181 million barrels of condensate.
- businessweekly
- April 12, 2019
- 74 views
HCC targets $8 million
Harare City Council says it is targeting to pocket $8 million in revenue from license fee collection from businesses that operate in the Central Business District (CBD) following an audit being carried out in the capital city.
- businessweekly
- April 12, 2019
- 68 views
Russia to build $4 billion platinum mine
Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalising a deal that’s stalled since 2014.
- businessweekly
- April 12, 2019
- 66 views
Test results excite Zim lithium miner
The developer of Zimbabwe’s most promising lithium project, Prospect Resources, says further bulk lithium tests on the metal content of ore from the main site of its Arcadia project yielded further positive results.
- businessweekly
- April 12, 2019
- 74 views
Loans for cyclone hit businesses
Cassava Smartech Zimbabwe has through its financial services companies, started giving out loans to businesses affected by the devastation brought about by Cyclone Idai.
- businessweekly
- April 12, 2019
- 102 views
Did you know? Zimplow’s triumph
Genesis of Zimbabwe Stock Exchange (ZSE)-listed paramount manufacturer and distributor of farming equipment in Zimbabwe and sub-Saharan Africa, Zimplow, was inextricably linked with the dawn of the agricultural machinery and engineering industry that progressively embraced metal extraction and refining, fabrication, alloying, machining and assembling.
- businessweekly
- April 12, 2019
- 132 views
Mbire: Where trees turned into stone
Recently I took off for Mbire to find a forest where trees turned into stones. Strange as it may appear and sound, it was a worthwhile excursion into an abyss of prehistoric happenings.