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- businessweekly
- November 23, 2018
- 269 views
Mthuli tightens Govt purse strings . . . Austerity takes effect
Martin Kadzere and Golden Sibanda Zimbabwe will cut its budget deficit to 5 percent of the gross domestic product next year, from an 11,7 percent forecast for this year through…
- businessweekly
- November 23, 2018
- 261 views
$350m price tag for 5 parastatals
Kudzanai Sharara Government is targeting to make approximately $350 million from five State-owned enterprises (SOEs) that are earmarked for privatisation in the next 12 months, Finance and Economic Development Minister…
- businessweekly
- November 23, 2018
- 261 views
2019 Budget reactions: Walk the talk
Tawanda Musarurwa, Micheal Tome & Kuda Mhundwa Key stakeholders yesterday lauded measures in the 2019 National Budget announced by Finance and Economic Development Minister Mthuli Ncube in Parliament, but emphasized…
- businessweekly
- November 23, 2018
- 219 views
Fuel prices set to go up
Golden Sibanda and Martin Kadzere The price of fuel is set to go up after Government raised exercise duty on petrol and diesel by 6.5 and 7 cents per litre…
- businessweekly
- November 23, 2018
- 248 views
CAFCA profit jumps 442pc to $3,8m
Enacy Mapakame Cables manufacturer CAFCA Limited’s profit for the year to September 30, 2018 surged 442 percent to $3,8 million from $0,7 million in the prior year, driven by growth…
- businessweekly
- November 23, 2018
- 170 views
ZAMCO disbanded
Kudakwashe Mhundwa HARARE – Government will stop further acquisitions on non-performing loans through its special purpose vehicle – the Zimbabwe Asset Management Company (ZAMCO).
- businessweekly
- November 23, 2018
- 294 views
Tanganda sinks $30m in food plantation
Martin Kadzere and Enacy Mapakame Tanganda Tea Company says it has started exports of avocados to Europe amid high expectations this will propel the company’s profitability, a senior official has…
- businessweekly
- November 23, 2018
- 139 views
Zim has no forex shortages, its misused – Finance Minister
HARARE – Zimbabwe is earning enough foreign currency to sustain the economy, but much of it is being misdirected to unproductive uses, and siphoned outside formal systems, Treasury bosses said…
- businessweekly
- November 23, 2018
- 292 views
Saruchera sets Air Zim revival timeline
Tawanda Musarurwa Air Zimbabwe administrator Reggie Saruchera, has said they expect the revival of the national airliner to come full circle by May 30, 2019.
- businessweekly
- November 23, 2018
- 312 views
Stock Market Weekly Review
Enacy Mapakame A bearish sentiment prevailed on the Zimbabwe Stock Exchange (ZSE) last week with all market indicators pointing southwards.