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- businessweekly
- November 13, 2018
- 252 views
Govt begins tracking ‘ill-gotten wealth’
….SI-246 of 2018 promulgated Tawanda Musarurwa HARARE – Government has promulgated Statutory Instrument 246 of 2018, which will see illegal currency traders being sentenced to up to ten years in…
- businessweekly
- November 13, 2018
- 157 views
Initiative Q is not the new Bitcoin, but here’s why the idea has value
Brendan Markey-Towler Could free units of a new digital currency end up being worth thousands of dollars? Initiative Q, which is aggressively marketing itself on social media, wants you to…
- businessweekly
- November 13, 2018
- 140 views
Oil falls after Trump urges OPEC not to cut supply
LONDON – Oil prices fell more than 1 percent on Tuesday, with benchmark Brent crude slipping below $70 per barrel and U.S. crude under $60, after U.S. President Donald Trump…
- businessweekly
- November 13, 2018
- 178 views
South African rand firms on U.S.-China trade optimism
JOHANNESBURG – South Africa’s rand firmed against the dollar in early trade on Tuesday, in line with a rise in stocks, as hopes of a de-escalation in the Sino-U.S. tariff…
- businessweekly
- November 13, 2018
- 196 views
CZR blasts speculative pricing
Michael Tome HARARE – The Confederation of Zimbabwe Retailers (CZR) has implored retailers to practice restraint in pricing of commodities in the wake of speculative and immense profiteering behaviour by…
- businessweekly
- November 12, 2018
- 207 views
Japan to extend $3,6m grant to Zim
Tawanda Musarurwa HARARE – Japan is set to extend grant aid amounting to $3,6 million (or 390 million yen) to Zimbabwe for the provision of cyber security equipment.
- businessweekly
- November 12, 2018
- 184 views
South Africa is set on fixing its economy. But will poor people benefit?
Danny Bradlow President Cyril Ramaphosa has been working hard to improve South Africa’s economic situation. In October he hosted a jobs summit that’s expected to produce 275 000…
- businessweekly
- November 12, 2018
- 159 views
Oil prices jump after Saudi Arabia announces December supply cut
SINGAPORE – Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions…
- businessweekly
- November 12, 2018
- 167 views
Rand retreats as dollar surge rattles risk demand
JOHANNESBURG – South Africa’s rand was weaker on Monday, with yield-seeking investors continuing to back the dollar and move out of riskier emerging-market and equity assets dampened…
- businessweekly
- November 12, 2018
- 315 views
New timelines for parastatal privatization, liquidation
HARARE – The Zimbabwe government has set the third quarter of next year as the new timeline for privatization and liquidation of over 21 state enterprises.