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- businessweekly
- June 22, 2018
- 584 views
Finmark Trust to establish base in Zim
Kudzanai Sharara FinMark Trust, an independent trust established to promote financial inclusion and regional financial integration, has announced its plans to set up base in Zimbabwe. FinMark, which provides evidence based…
- businessweekly
- June 22, 2018
- 352 views
APA plans to solve cash woes
Africa Moyo Alliance for the People’s Agenda (APA) presidential candidate, Dr Nkosana Moyo, has launched his manifesto in which he promises to deal with the cash challenges in the short,…
- businessweekly
- June 22, 2018
- 334 views
Mobile data reforms welcome, but more wanted
Zimbabweans, thanks to the weird way they treat cash as a commodity rather than a medium of exchange, have become the world leaders in switching to mobile and digital banking…
- businessweekly
- June 22, 2018
- 402 views
Why a stronger dollar is not good for Zimbabwe
Kudzanai Sharara The US dollar index (which measures how the dollar is doing against a basket of the currencies of its trading partners), has been rallying in recent days. By…
- businessweekly
- June 22, 2018
- 324 views
ASX-listed miner needs $250m for lithium plant
Golden Sibanda Australian Stock Exchange (ASX) listed Zimbabwe focused battery grade lithium producer, Prospect Resources Plc, says it may require as much as $250 million to build a full-scale lithium…
- businessweekly
- June 22, 2018
- 497 views
Stock Market Weekly Review
Enacy Mapakame Total turnover for the week to Wednesday on the Zimbabwe Stock Exchange (ZSE) fell 57 percent to $9 million as the equities market plunged into the red on…
- businessweekly
- June 22, 2018
- 361 views
Consumers spending like crazy! Here’s why
Kudzanai Sharara Spending in the country seems to be very high with big gains across formal clothing retailers, supermarkets, and home improvement stores. This is despite intense competition from informal…
- businessweekly
- June 22, 2018
- 525 views
ZOL dampens consumer joy. . . increases data costs by 5 percent
Africa Moyo Zol Zimbabwe has dampened consumer excitement that followed the 60 percent reduction in mobile data costs by Government from about 12,5 cents per megabyte to 5 cents per…
- businessweekly
- June 22, 2018
- 377 views
Banks’ lending rises, but industry still thirsty
Tawanda Musarurwa Bank loans are estimated to have increased to $3,8 billion last year from $3,69 billion, as the sector crept towards its highest level in loan book size post-dollarisation.…
- businessweekly
- June 22, 2018
- 553 views
Lithium prices set to soar
Panashe Sachikonye Since 2016 the price of Lithium has more than doubled as you can (see from the diagram right). One of the major reasons is that the demand for…