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- businessweekly
- March 9, 2018
- 568 views
RioZim moves to exploit claims in Sese area
Resources firm RioZim intends to invest up to $25 million to explore and develop its diamond claims in the Sese communal lands in Chivi, Masvingo province. RioZim, which also owns…
- businessweekly
- March 8, 2018
- 360 views
All Share Index maintains bearish form
HARARE – The local equities market’s All-Share index went down by 0.24 points to end at 86.40 as giant insurer Old Mutual shed $0, 0096 to close at $5, 4100,…
- businessweekly
- March 8, 2018
- 398 views
Zim/Russia step up co-operation
HARARE – Russia intends to set up a Special Economic Zone in Zimbabwe for companies from that country to operate from, as part of a broader thrust to pursue mutually…
- businessweekly
- March 8, 2018
- 414 views
Simbisa posts $11, 1 million HY pretax profit
Tanaka Vunganai HARARE – Quick service restaurant operator Simbisa Brands’ pretax profit for the half-year to December 31, 2017 jumped 70 percent to $11, 1 million from $6, 6 million…
- businessweekly
- March 8, 2018
- 386 views
Zim 2017 refined platinum output declines 9pc
Tawanda Musarurwa HARARE – Zimbabwe’s refined platinum production for 2017 declined by 9 percent to 445 000 ounces (oz), latest World Platinum Council Investment Council (WPIC) figures show.
- businessweekly
- March 8, 2018
- 411 views
Three reasons why Africa should treat Tillerson visit with scepticism
By John J Stremlau US President Donald Trump promised in late January that his Secretary of State Rex Tillerson would make an “extended” visit to Africa in March. In a…
- businessweekly
- March 8, 2018
- 334 views
South Korea to offer $225 million loan to ease hit from GM fallout, corp restructuring
SEOUL – South Korea announced on Thursday that it would offer about 240 billion won ($224.72 million) in loan guarantees and low-interest loans to regions hit by corporate restructuring, including the area…
- businessweekly
- March 8, 2018
- 325 views
SA: Standard Bank’s earnings growth puts it in first place among big four
Standard Bank came first out of the big four in terms of growing dividends and earnings in 2017.
- businessweekly
- March 8, 2018
- 410 views
Diamond sector wants scrapping of indigenisation law
HARARE – The Zimbabwean Government has been urged to scrap the indigenisation requirement for investments made in the diamond mining industry as its continued application could make it difficult for…
- businessweekly
- March 7, 2018
- 612 views
Tobacco growers to get US$300 cash daily
BH24 Reporter HARARE – The Reserve Bank of Zimbabwe (RBZ) has engaged banks to give tobacco farmers US$300 daily at the auction floors.