admin
- businessweekly
- November 16, 2018
- 264 views
Delta full-year income projected at $715m
Tawanda Musarurwa Delta Corporation’s revenues are projected to jump by at least 25 percent to $715 million for the 2019 financial year as the group continues to leverage on its…
- businessweekly
- November 16, 2018
- 246 views
Tough laws, more of the same across the board
Kudzanai Sharara This week, Government promulgated Statutory Instrument 246 of 2018, which will see illegal currency traders being sentenced to up to 10 years in jail. The regulations — Presidential…
- businessweekly
- November 16, 2018
- 340 views
‘Housing backlog needs 20 years to clear’
Business Writer Zimbabwe needs an estimated 15 to 20 years to clear its national housing backlog which has been ballooning in recent years, pushed by the increased rural to urban…
- businessweekly
- November 16, 2018
- 260 views
Tobacco export earnings reach $730m
Nokutenda Chiyangwa Zimbabwe’s tobacco export earnings have increased by 18 percent to $727,5 million from $612,9 million during the same period last year. Over 149,2 million kilogrammes of local Virginia…
- businessweekly
- November 16, 2018
- 247 views
No to Cottco hostile takeover
Martin Kadzere Deputy minister of agriculture Valengis Haritatos said this week Government will not allow the takeover bid of The Cotton Company of Zimbabwe by rivals, insisting those with money…
- businessweekly
- November 16, 2018
- 236 views
OK eyes revenue increase
Enacy Mapakame Ok Zimbabwe, arguably the country’s biggest supermarket chain, is forecast to report revenue increase of 21 percent to $704,8 million when it releases its full-year financial earnings in…
- businessweekly
- November 16, 2018
- 343 views
Stock Market Weekly Review
Business Writer The upward trend on the Zimbabwe Stock Exchange continued unabated for the week ending Wednesday November 14, 2018 largely driven by gains in big cap stocks — in…
- businessweekly
- November 16, 2018
- 202 views
Ncube needs to produce a balanced budget
The 2019 National Budget is likely to be presented next week, and the general expectation is that Zimbabwe will have its first balanced budget, at the very least for recurrent…
- businessweekly
- November 16, 2018
- 375 views
Getting to know Petrotrade
Kudzanai Sharara Government this week announced plans to list 12 state-owned enterprises on the Zimbabwe Stock Exchange, among them Petrotrade, a company that supplies petroleum products into the local market.…
- businessweekly
- November 16, 2018
- 218 views
Global slowdown: 3 of top 4 economies are suffering
London — The global economic slowdown is happening and could spread to the United States next year. The economies of Germany and Japan shrank in the third quarter, according to…