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- businessweekly
- May 3, 2018
- 297 views
Trade worries keep world stocks subdued, dollar holds gains
LONDON – World stocks made little progress on Thursday as worries over global trade tensions weighed, while the U.S. dollar consolidated recent bumper gains after the Federal Reserve reaffirmed the outlook for…
- businessweekly
- May 3, 2018
- 287 views
Infrastructure development key towards luring investors
HARARE – The private sector in Zimbabwe should support government efforts to turn the country into a middle income economy by 2030 through investing in infrastructure to enable the country…
- businessweekly
- May 3, 2018
- 423 views
Local university to establish first solar academy
HARARE – Maranatha Christian University (MCU), located in Kadoma, Midlands province, plans to establish a solar academy with teaching and manufacturing capacity, a move that will minimize dependence on imported…
- businessweekly
- May 3, 2018
- 306 views
Trump’s $60 billion in China tariffs will create more problems than they solve
By William Hauk After spending seven months investigating whether China is engaged in unfair trade practices, the Trump administration announced March 22 that it will impose tariffs on as much as US$60 billion…
- businessweekly
- May 3, 2018
- 251 views
Rand recoups some lost ground as dollar dips after Fed statement
The rand fared better on Thursday morning, a day after the US Federal Reserve kept interest rates on hold as expected, but gave little away in terms of guidance about future policy…
- businessweekly
- May 3, 2018
- 381 views
Zimplats up scales CSR
BH24 Reporter HARARE – Platinum mining giant, Zimplats has completed a major facelift of Kadoma General Hospital to the tune of over $1 million.
- businessweekly
- May 2, 2018
- 390 views
Dubious insurance firms pry on tobacco farmers
BH24 Reporter HARARE – Tobacco farmers are seeking Government protection from insurance companies that are arbitrarily deducting money from their sales proceeds without their consent.
- businessweekly
- May 2, 2018
- 310 views
All Share Index up
HARARE – The Zimbabwe Stock Exchange’s All Share index opened the week on a high note adding 1.19 points (or 1, 21 percent) to settle at 99.90 as Innscor jumped…
- businessweekly
- May 2, 2018
- 389 views
Zimplats spends $78m on mine developments
BH24 Reporter HARARE – Zimbabwe’s largest platinum producer Zimplats Holdings Limited has spent US$78 million towards development of its two mines as it moves to boost production.
- businessweekly
- May 2, 2018
- 316 views
South Africa joins the club that regulates financial markets through ‘Twin Peaks’
By Andrew Schmulow South Africa is preparing the ground to migrate to a new way of regulating its banks and financial markets. Known as the Twin Peaks model, the decision has…