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- businessweekly
- March 15, 2019
- 108 views
Tobacco marketing season to open soon
The much awaited tobacco marketing season opens on Wednesday next week on the back of a prolonged dry spell that could have compromised many farmers’ yields and quality of the crop.
- businessweekly
- March 15, 2019
- 77 views
Schweppes scoops SADC company of the year award
SCHWEPPES Zimbabwe Limited has won the first position in the Southern African Development Community (SADC) Annual Quality Awards (SAQA) under the large enterprise category for the year 2018-2019.
- businessweekly
- March 15, 2019
- 75 views
Boeing quietly unveils new 777X upgraded airliner to employees
While the world was focused on Boeing’s 737 MAX series aircraft, the presently-embattled aircraft manufacturer quietly unveiled its latest aircraft: the Boeing 777X, at an employee-only preview in Everett, Washington.
- businessweekly
- March 15, 2019
- 42 views
Import bill drops for 4th consecutive month
Zimbabwe’s import bill has fallen for the fourth consecutive month due to a combination of austerity measures introduced by Government as well as limited availability of foreign currency.
- businessweekly
- March 15, 2019
- 86 views
RBZ fails to honour foreign debt assumed from Natfoods
The Reserve Bank of Zimbabwe failed to honour a foreign debt it assumed from the largest manufacturer and marketer of food products, National Foods, the Zimbabwe Stock Exchange-listed entity has revealed.
- businessweekly
- March 15, 2019
- 73 views
Group resilient, reports strong earnings growth
National Foods Holdings Limited reported profit for the six months to December 31, 2018, grew 78 percent to $16,8 million from comparable prior year’s $9,4 million despite a challenging operating environment.
- businessweekly
- March 15, 2019
- 108 views
Potraz engages stakeholders on tariff adjustment
The Postal and Telecommunication Regulatory Authority has started consulting stakeholders on tariff increases after the Reserve Bank of Zimbabwe floated the foreign currency rate to US$1 to RTGS$2,5 last month
- businessweekly
- March 15, 2019
- 130 views
New companies and products flood market
Zimbabwe that has been dubbed a unique market by many due to its resilience to economic shocks, continues with that streak amid a growing number of new companies that are joining the manufacturing sector or expanding their product range despite the challenging operating environment.
- businessweekly
- March 15, 2019
- 58 views
Mangudya’s MPS changes trigger market sell-off
Foreign exchange changes made by the Reserve Bank of Zimbabwe governor Dr John Mangudya, have triggered a stock market sell-off that has now reached double digits’ losses post the Monetary Policy Statement, reversing the little gains that were still there before the announcement.
- businessweekly
- March 15, 2019
- 47 views
40 tonnes gold target attainable: Fidelity
State gold buying arm, Fidelity Printers and Refineries (FPR), is confident deliveries of the yellow metal will this year hit the 40 tonnes target set by Government as deliveries started picking up in the month of February after a lethargic start in January.