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- businessweekly
- April 20, 2018
- 281 views
Global stocks set for second week of gains, commodities ease
LONDON – World stocks dipped on Friday but were set for a second week of gains after a strong start to the global corporate earnings season, while a rally in commodity prices…
- businessweekly
- April 20, 2018
- 380 views
Rand falls victim to dollar strength
The rand was relatively weaker on Friday morning, caving in to pressure from external drivers, notably a strong dollar.
- businessweekly
- April 20, 2018
- 420 views
Defence Ministry says earned $333m from diamonds
HARARE – The Ministry of Defence, Security and War Veterans said on Thursday diamond mining firm Anjin Investments, in which it had a 50-50 joint shareholding with the Chinese, were…
- businessweekly
- April 20, 2018
- 537 views
Pick n Pay’s Zim associate boosts profits
HARARE – TM Supermarket boosted profits in the 52-weeks to February 25 2018, contributing significantly to South African retailer Pick N Pay Stores’ financial performance during the period.
- businessweekly
- April 20, 2018
- 1093 views
Dangote hits brick wall again… till in search of a coal resource
Tinashe Makichi Africa’s richest man, Aliko Dangote, who expressed interest in tapping local investment opportunities, appears to be missing all his indicated investment targets, raising concerns
- businessweekly
- April 20, 2018
- 775 views
Contrasting State and currency in Rhodesia, Zim…Survival and collapse under international ostracism
Dr Tinashe Nyamunda Although Zimbabwe was the victorious outcome of a nationalist struggle against Rhodesia, there were significant continuities in the country’s economic structures in the first two decades of…
- businessweekly
- April 20, 2018
- 427 views
Utilitarianism vs Pragmatism…Government’s new dilemma
Taurai Mangudhla Some philosophical pennyworth proclaims that action which results in the greatest good for the utility of society tends to be the best action. The Government recently made major concessions…
- businessweekly
- April 20, 2018
- 427 views
Econet shares up 24,2pc in week of frenzied buying
Enacy Mapakame Shares of Econet have shot 24,2 percent in a week of frenzied buying, spurred by expectations of strong full-year earnings. The stock soared to 86 cents on April 17…
- businessweekly
- April 20, 2018
- 495 views
GE among five shortlisted by RioZim
Golden Sibanda New York Stock Exchange (NYSE) listed conglomerate, General Electric, is among five foreign investors that diversified Zimbabwe Stock Exchange (ZSE) listed miner RioZim has
- businessweekly
- April 20, 2018
- 424 views
Two banks surpass capital levels target
Africa Moyo and Oliver Kazunga Two commercial banks have surpassed the $100 million capital threshold which all banks in the same category have to comply with by year 2020. CBZ, the…