admin
- businessweekly
- March 8, 2019
- 67 views
Prospect to leverage on petalite production . . . Gem mostly used in glass, ceramic industry
Prospect Resources says it has a competitive advantage in the production of petalite and will leverage and ride on the stability of the glass and ceramic industry where the resource is used.
- businessweekly
- March 1, 2019
- 78 views
Relief for exporters . . . RBZ bends on 30-day retention period . . . Industry proposes up to 180 days
The Reserve Bank of Zimbabwe will allow exporters to keep part of their export proceeds before compulsory conversion to local currency for periods longer than the prescribed 30 days in exceptional circumstances where such need arises to avoid choking companies’ operations, Business Weekly can reveal.
- businessweekly
- March 1, 2019
- 64 views
RBZ mops up $2bn excess liquidity
The Reserve Bank of Zimbabwe (RBZ) savings bond has to date attracted $2 billion from the market, and now accounts for around 20 percent of all the real time gross settlement (RTGS) balances.
- businessweekly
- March 1, 2019
- 57 views
Arcadia Lithium Project gets SEZ status
The Zimbabwe Special Economic Zones Authority (ZIMSEZA), has granted Prospect Resources’ Arcadia Lithium Project Special Economic Zone (SEZ) status, Business Weekly can reveal.
- businessweekly
- March 1, 2019
- 257 views
Revisiting the Chinhoyi Caves
In the past 10 years, I have visited and revisited Chinhoyi Caves but I cannot resist it. It is a place where each day you enter the caves, you come out fresh and rethinking about Zimbabwe’s geomorphological splendour. It is difficult to explain the feeling. Strange isn’t it?
- businessweekly
- March 1, 2019
- 66 views
Zim tobacco production might fall
Zimbabwe expects production of its largest single foreign currency earner tobacco to fall this season as erratic rains in the eastern parts of the country affected output.
- businessweekly
- March 1, 2019
- 51 views
AfDB praises Zim economic reforms . . . sees economic boom
The fiscal and monetary reforms set in motion by Government, particularly the deliberate plan to transform State-owned Enterprises, and allowing market forces to determine the exchange rate, are expected to see the economy growing “exponentially” from this year going forward, a top African Development Bank (AfDB) official has said.
- businessweekly
- March 1, 2019
- 87 views
Cotton merchants in inputs scandal
Some private cotton firms are under the spotlight amid revelations they inflated figures of hectarage contracted to small scale growers with a view of being allocated huge quotas during the next marketing season, Business Weekly can reveal.
- businessweekly
- March 1, 2019
- 93 views
Art partners Botswana-based firm . . . Company eyes export-led growth . . . Kadoma Paper Mill now operating full throttle
Amalgamated Regional Trading (ART), has secured a partnership deal with a Botswana based firm for the distribution of its products in the Southern African country to increase volume growth as well as cutting distribution costs, as the paper and packaging group eyes export led growth.
- businessweekly
- March 1, 2019
- 99 views
Govt nears land compensation framework
Zimbabwe has made significant strides in readying for white former farmers compensations, with valuations having been carried out for nine of the 10 provinces, Finance and Economic Development Minister Mthuli Ncube has said.