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- businessweekly
- June 11, 2018
- 389 views
Powerspeed revenue jumps 55pc
HARARE – Listed electricals firm Powerspeed Electrical’s revenue for the six months to March 2018 rose 55, 3 percent to $37, 2 million on the back of growth in both…
- businessweekly
- June 11, 2018
- 359 views
ZSE opens on a high
HARARE – The ZSE’s All Share index opened the week firmer at 116.23 after adding 0.50 points as Old Mutual led the movers as it recovered a further $0, 0461…
- businessweekly
- June 11, 2018
- 413 views
Annual broad money supply up 35 percent in March
HARARE – Zimbabwe’s annual broad money supply rose 35, 85 percent to $7, 9 billion in March this year from $5, 8 billion in the same period last year, buoyed…
- businessweekly
- June 11, 2018
- 354 views
Millers seek $11m for wheat shipment
Livingstone Marufu HARARE – The Grain Millers Association of Zimbabwe (GMAZ) is seeking $11 million in foreign currency to procure 30 000 tonnes of wheat to avert potential bread shortages.
- businessweekly
- June 11, 2018
- 338 views
IATA, AFRAA sign MoU to advance aviation in Africa
HARARE – The African Airline Association (AFRAA) and the International Air Transport Association (IATA) have teamed up to facilitate development of the aviation sector on the continent. A memorandum of understanding (MoU)…
- businessweekly
- June 11, 2018
- 321 views
Ugandan budget: Striking the balance between infrastructure and social sectors is key
By Sarah Logan Member countries of the East African Community are preparing to simultaneously table the 2018-2019 Budgets in their respective parliaments. In Uganda, finance minister Matia Kasaija will present…
- businessweekly
- June 11, 2018
- 325 views
Stocks rise despite G7 clash; Italy helps euro
LONDON – European stocks edged higher on Monday, shrugging off the weekend’s fractious G7 meeting as investors looked forward to an event-packed week while receding tensions in Italy nudged the euro…
- businessweekly
- June 11, 2018
- 301 views
South Africa’s Vodacom to increase black ownership
JOHANNESBURG – South Africa’s Vodacom Group said on Monday it will increase the stake held by black shareholders by up to 6.25 percent in a 17.5 billion rand ($1.34 billion) black empowerment…
- businessweekly
- June 11, 2018
- 650 views
Zim introduces new orange maize varieties
Sifelani Tsiko HARARE – Zimbabwe is introducing four more orange maize hybrid varieties as part of efforts to step up the adoption high-yielding, highly nutritious and drought tolerant varieties rich…
- businessweekly
- June 8, 2018
- 776 views
Edgars profit slides
HARARE – Listed clothing retailer Edgars Stores Limited’s after-tax-profit for the year to April 2018 stood at $1,3 million, down 2,5 percent from prior comparable period. Management however said the…