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- businessweekly
- June 1, 2018
- 471 views
About fuel, and forex shortages
Taurai Mangudhla Foreign currency problems emanating from externalisation and declining productivity are no secret in Zimbabwe and several measures, including tightening exchange controls and importing more cash, have been adopted…
- businessweekly
- June 1, 2018
- 378 views
Govt needs to make it easy for SMEs
John Robertson Despite many improvements in longer — term prospects, economic activity in Zimbabwe’s formal business sectors is being affected by high costs, serious liquidity constraints and lengthening delays in…
- businessweekly
- June 1, 2018
- 486 views
Econet’s DPA targets 100MW over 2 to 3yrs
Golden Sibanda Ecomet Wireless Zimbabwe subsidiary, Distributed Power Africa (DPA), which has invested $250 million into rolling out its project of installing solar power systems on client premises, says it…
- businessweekly
- June 1, 2018
- 450 views
Crypto ban: It’s all about the money . . . as Golix tells investors to get their money out
Jeffrey Gogo It’s been a dramatic past few weeks for the cryptocurrency sphere in Zimbabwe, particularly for the country’s first and biggest digital money exchange Golix.
- businessweekly
- June 1, 2018
- 359 views
CZI calls for fair treatment from Govt
Taurai Mangudhla Industry has accused Government of prioritising foreign investors over their domestic counterparts amid fears local business will be swallowed and or pushed out by large multinationals.
- businessweekly
- June 1, 2018
- 472 views
Old Mutual shares channel funds in, out of Zim
Kudzanai Sharara More than two million Old Mutual ordinary shares were transferred from the Zimbabwean register in 2018 as investors, both local and foreign, continue to use the counter as…
- businessweekly
- June 1, 2018
- 368 views
Barclays Zim sees benefits in cutting off global nexus
Tawanda Musarurwa When Barclays Plc first announced plans to divest from Zimbabwe, no one would have dreamt that the Zimbabwean operation — Barclays Bank Zimbabwe — would end up in…
- businessweekly
- June 1, 2018
- 734 views
Olivine in $24m expansion drive
Martin Kadzere Olivine Industries Ltd, a local unit of Wilmar International, has embarked on a $24 million plant upgrade, as it seeks to expand its food portfolio with new products.
- businessweekly
- June 1, 2018
- 437 views
Econet capitalises on cash shortage
Kudzanai Sharara The country’s digital services giant Econet Wireless Zimbabwe, this week reported its results for the year ended 28 February 2018 showing phenomenal growth in its profits which were…
- businessweekly
- June 1, 2018
- 332 views
New ethanol project for Mashonaland West
Africa Moyo Government is working towards producing ethanol from cassava in Mashonaland Central, as part of efforts to increase the availability of the commodity in the country for fuel blending…