Ashly Dhani
- businessweekly
- August 5, 2024
- 77 views
ZimTrade to showcase local produce to UAE buyers
Francis Gakanje ZimTrade says the upcoming Zimbabwe-United Arab Emirates (UAE) Business Forum, has the potential to significantly increase Zimbabwe’s tea and coffee exports, fostering economic growth within the sector. Scheduled for…
- businessweekly
- August 5, 2024
- 75 views
SEZs key to southern Africa’s industrialization – ECA
Francis Gakanje Economic Commission for Africa (ECA) says well designed and implemented special economic zones (SEZs) can be an important tool to drive industrialisation, economic growth and sustainable development in…
- businessweekly
- August 5, 2024
- 60 views
Global stock markets fall sharply as worries grow over US recession
Financial Times Global stock markets tumbled on Monday, with the Japanese index suffering its worst day in 37 years, as investors fretted over the possibility of a US recession and…
- businessweekly
- August 5, 2024
- 61 views
Japan stocks plunge, leading global market sell-off
VOA Japanese stock markets plummeted Monday, with Japan’s Nikkei 225 index suffering its largest single-day point drop in history, driven by fears of a strengthening yen and a possible recession…
- businessweekly
- August 5, 2024
- 90 views
Luxury heir alleges his $13bn Hermès fortune has vanished
Bloomberg An octogenarian heir to the Hermès luxury fortune, who sparked controversy last year over a plan to leave his money to his gardener, may not have much to give…
- businessweekly
- August 5, 2024
- 147 views
China’s mega-grocers turn to an upstart to win back shoppers
Bloomberg France’s Carrefour SA has shut more than 140 mainland stores, leaving just four remaining outlets, and the UK’s Tesco PLC has exited entirely. Traffic-driving membership chain Sam’s Club is…
- businessweekly
- August 3, 2024
- 80 views
Kavango Resources plans to list on VFEX
Oliver Kazunga THE Southern Africa-focused metals and exploration firm, Kavango Resources plc, has announced the intent to list on Zimbabwe’s United States dollar-denominated Victoria Falls Stock Exchange. Kavango, which is listed…
- businessweekly
- August 3, 2024
- 128 views
Nestle wins US15.9 million tax dispute against Zimra.
Business Writer THE legal battle between Zimra and Nestlé Zimbabwe, a subsidiary of the Swiss-headquartered food firm, over assessments for income tax between 2009 and 2013 amounting to US$15.9 million,…
- businessweekly
- August 3, 2024
- 94 views
Dinson Iron and Steel can be SADC’s flagship project, Xu
Business Writer Dinson Iron and Steel Company chairman, Benson Xu, painted a rosy picture of the company’s progress and its role in Zimbabwe’s industrialisation drive during a tour of the…
- businessweekly
- August 2, 2024
- 69 views
Weak consumer spending impacts CFI Holdings margins
Nelson Gahadza CFI Holdings says falling consumer spending power and new tax measures which took effect from 1 January 2024 put additional pressure on sales volumes and operating margins.