Explainer: who will be doing what under South Africa’s new ‘Twin Peaks’ model

By Andrew Schmulow South Africa has started implementing a new regulatory regime for the financial sector. Known as Twin Peaks, the approach was first adopted in Australia in 1998. South Africa…

Cash barons pounce on cotton farmers

Private merchants and politicians sponsoring middlemen Middlemen offering ridiculously low prices

Economy on the rebound: RBZ

Growth exerts pressure on forex Delta, Nampak also feel the heat

IDBZ seeks equity capital abroad: $1bn in 10 years

By Martin Kadzere The Infrastructure Development Bank of Zimbabwe, said the ongoing re-engagement between Zimbabwe and the Western countries has boosted its capacity to raise additional capital to finance major…

Mining needs $15bn to grow further . . . Country can earn $18 billion in exports

Golden Sibanda Zimbabwe, which is home to over 60 mineral occurrences, including gold platinum and diamonds, might need as much as $15 billion to procure new equipment, ramp up production…

Zimbabwe on course for 26t gold

Taurai Mangudhla Zimbabwe looks set to achieve its 26 tonnes gold production targets for 2018 after receiving deliveries amounting to 10,3t in the first four months of this year, according…

Guiding principles for 2018 people’s manifesto

Business Weekly this week publishes some excerpts of the Zimbabwe African National Union Patriotic Front (ZANU-PF) 2018 Election Manifesto that have serious ramifications on businesses in Zimbabwe if implemented. The…

Delta in record sorghum beer sales . . . Forex challenges pose serious threat . . . More than $100m in foreign payment obligations backlog . . . Associates also facing similar forex challenges

Kudzanai Sharara The country’s biggest brewer Delta Corporation, reported significant growth in both volumes and revenue for the year ended March 31, 2018, but the out-turn could have been more…

Premier takes service to the people

Bulawayo. — The recently ended Zimbabwe International Trade Fair proved what many industry players have been aware of for a while now: PSMAS is back in business!

Inflation calculation needs second group

Taurai Mangudhla Business Writer Zimbabwe’s annual inflation rate has retreated on a monthly basis in the first quarter of the year and remains under 4 percent, annualised.

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