admin
- businessweekly
- March 30, 2018
- 448 views
TSL secures potential buyer for Cut Rag
Business Writer Tsl Limited says it has secured a potential buyer for its associate company Cut Rag Processors Private Limited, but management remains cautious on concluding the deal.
- businessweekly
- March 30, 2018
- 399 views
High interest rates dampen mortgage facilities uptake
Kudzanai Sharara High interest rates and low employment levels had a negative impact on potential mortgage borrowers in 2017 resulting in a slight increase in mortgage advances, the Zimbabwe Association…
- businessweekly
- March 30, 2018
- 588 views
Let’s first address financial market distortions
Clive Mphambela Financial market distortions are not only a source of vulnerability for the economy but they are a hindrance to growth.
- businessweekly
- March 30, 2018
- 407 views
Alaska ferrochrome project stalled over lease deal
Martin Kadzere Parrogate Zimbabwe has halted construction of a multi-million dollar chrome smelting plant at the Zimbabwe Mining Development Corporation’s Alaska complex in Mhangura after the Government refused to approve…
- businessweekly
- March 30, 2018
- 470 views
Indigenisation amendment: Just what doctor ordered
Martin Kadzere Interview The Government has formalised the amendments to the Indigenisation Act. The requirement that 51 percent of all businesses worth more than $500 000 should be owned by…
- businessweekly
- March 30, 2018
- 344 views
Lights on for investors
Zimbabwe’s well-oiled campaign to attract investment has to be backed by infrastructure and in particular by being able to guarantee the new investors in mining and industry that we can…
- businessweekly
- March 27, 2018
- 305 views
Insurance sector assets up 137pc
Enacy Mapakame HARARE – Assets for Zimbabwe’s short-term insurance industry have grown 137 percent to $396 million as at the end of last year compared to $167 million seven years…
- businessweekly
- March 26, 2018
- 659 views
Firm crocodile skin prices drive Padenga profits
HARARE – Crocodile farming firm, Padenga Holdings saw its net profit surge 53 percent to $12, 8 million for the year ended December 2017 compared to the previous year on…
- businessweekly
- March 26, 2018
- 524 views
Zim foreign trade hits $8, 4bn
BH24 Reporter HARARE – Zimbabwe’s total trade last year topped $8, 4 billion, up 16 percent from $7, 2 billion in the previous year. The availed figures are however yet to…
- businessweekly
- March 26, 2018
- 388 views
Rand in sweet spot as SA keeps investment grade status
The rand was in a sweet spot on Monday morning, after SA successfully defended its investment grade status. Not only did Moody’s Investors Service preserve the country’s investment grade status,…