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- businessweekly
- March 22, 2019
- 79 views
Mthuli negotiates ‘smart’ Rand credit facility
Government is structuring a deal with South Africa’s Reserve Bank that will see banks in the neighbouring country paying directly to South African suppliers for Zimbabwe private sector’s raw material requirements.
- businessweekly
- March 22, 2019
- 83 views
RTGS dollars not new currency: RBZ
The recently introduced RTGS dollars are not new currency, but merely a “formalisation” of transaction platforms that already existed in the country, according to the Reserve Bank of Zimbabwe deputy director for economic research, Nebson Mupunga.
- businessweekly
- March 22, 2019
- 81 views
NSSA to hold engineers symposium
The National Social Security Authority (NSSA) will next week convene an engineers’ workshop to provide a platform for professional interaction in safety and well-being at workplaces.
- businessweekly
- March 22, 2019
- 66 views
Foreign partners ditch telecom firms . . . Local companies default in payments
Zimbabwe’s telecommunication companies are being deserted by their foreign partners that service and upgrade their systems due to inability to meet payment obligations in foreign currency.
- businessweekly
- March 22, 2019
- 289 views
Inside Nyanga tourist resort
The road turns and twists with the dictates of geomorphology and the driver has to endure spectacular curves. Huge rocks tinged grey by fungal lichens stand guarding the roadside.
- businessweekly
- March 22, 2019
- 97 views
Justice Bere in Meikles judgment storm
Meikles Limited executive chairman John Moxon has appealed to the Judicial Ethics Advisory Committee decision absolving Supreme Court judge Justice Francis Bere of ethical misconduct.
- businessweekly
- March 22, 2019
- 199 views
Stock Market Weekly Review
The Zimbabwe Stock Exchange (ZSE) continued on a downward trend as bears dominated the market. Three of the benchmark indices closed the week to Wednesday in the negative territory.
- businessweekly
- March 22, 2019
- 64 views
Agribank looks for strategic partner . . . US$25m injection required
Government has given the green light to State-owned Agriculture Development Bank, Agribank, for it to start scouting for a strategic partner, who is expected to inject US$25 million in additional capital as part of initiatives to strengthen the bank’s balance sheet.
- businessweekly
- March 22, 2019
- 117 views
Dairibord to exit Malawi
Dairibord Holdings Limited has finally decided to offload its loss making subsidiary Dairibord Malawi after efforts to turnaround its fortunes remained elusive for years.
- businessweekly
- March 22, 2019
- 87 views
Why short term rate is skewed upside
Zimstat published inflation figures for the month of February last week Friday with the numbers showing a slowdown in both month-on-month and year-on-year inflation.