admin
- businessweekly
- September 27, 2018
- 180 views
Zimre in profit slump
Michael Tome HARARE – Diversified financial services group, Zimre Holdings Limited recorded a 68 percent slump in profit for the year ended 30 June 2018.
- businessweekly
- September 27, 2018
- 182 views
RTG back in the black
Enacy Mapakame HARARE – Hospitality group, Rainbow Tourism Group (RTG) swung back to profitability after its profit before tax jumped 364 percent to $1,1 million for the six months to…
- businessweekly
- September 26, 2018
- 260 views
Total Zimbabwe calls for efficient railway system
Michael Tome & Kudakwashe Mhundwa HARARE – One of Zimbabwe`s leading fuel supply companies Total Zimbabwe says Government should work on issues concerning railway network to promote efficiency in the…
- businessweekly
- September 26, 2018
- 272 views
Batoka Hydro-Electric Scheme enters Phase II
Tawanda Musarurwa HARARE – The Batoka Gorge Hydro Electricity project – which is set to generate 2 400 mega-watts (MW) on completion – is well on course, with lead financier…
- businessweekly
- September 26, 2018
- 190 views
Capitec Bank H1 profit surges on upbeat client growth
JOHANNESBURG – South African lender Capitec Bank reported a 20 percent rise in half-year profit on Wednesday, helped by strong client growth. Headline earnings per share (EPS) came in at…
- businessweekly
- September 26, 2018
- 246 views
How solar kits and battery lamps are replacing kerosene across Africa
Jörg Peters For decades, people in rural Africa have been using sooty kerosene lamps to dimly light their homes. But in recent years households, even in poor areas, have started…
- businessweekly
- September 26, 2018
- 191 views
Fed likely to raise rates, possibly end ‘accommodative’ policy era
WASHINGTON – With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt…
- businessweekly
- September 25, 2018
- 202 views
Female entrepreneurs urged to engage ZimTrade
Kudakwashe Mhundwa HARARE – Women in business should engage the country’s trade promotion body, ZimTrade to come up with solutions which will enable them to participate in international markets, the…
- businessweekly
- September 25, 2018
- 195 views
Rand weakens as stimulus package disappoints
JOHANNESBURG – South Africa’s rand was on the back foot on Tuesday amid weak emerging market sentiment and with investors unimpressed by an economic stimulus package announced by President Cyril…
- businessweekly
- September 25, 2018
- 171 views
Fourth industrial revolution: sorting out the real from the unreal
Alex Broadbent The phrase “fourth industrial revolution” has become ubiquitous. It’s meant to denote a huge shift in the socioeconomic fabric of society, driven by the availability of increasingly intelligent…