admin
- businessweekly
- January 24, 2018
- 451 views
All six units at Hwange Power Station now firing
HARARE – Hwange Thermal Power Station on Tuesday started generating power using all of its six units, after unit six, which had been offline for a number of years, came…
- businessweekly
- January 24, 2018
- 448 views
NRZ woes affect coal supplies to tobacco farmers
Elita Chikwati HARARE – The majority of the country’s tobacco growers are still relying on firewood to cure their crop as the alternative fuel – coal – has become difficult…
- businessweekly
- January 24, 2018
- 376 views
Asia shares take a breather, dollar sold anew
SYDNEY – Asian share markets took a time out on Wednesday as investors were left breathless at the breakneck pace of recent gains, while a fresh burst of speculative selling…
- businessweekly
- January 24, 2018
- 468 views
South Africa’s rand steadies at 2-1/2-year high, stocks set to open flat
JOHANNESBURG – South Africa’s rand steadied against the dollar early on Wednesday, holding at a two-and-a-half-year high, supported by a weaker greenback and expectations the new leader of the ruling…
- businessweekly
- January 23, 2018
- 420 views
Rand steadies as dealers await fresh local news
The rand held broadly steady on Tuesday morning, but stayed within touching distance of the symbolic R12/$ level, which represents the best level in two-and-a-half years. The local currency is highly…
- businessweekly
- January 23, 2018
- 425 views
Govt debt to fuel suppliers impacting supply – Energy Minister
HARARE – Government owes fuel suppliers a substantial amount of foreign currency, a situation which at times disrupts supplies, Energy and Power Development Minister Simon Khaya-Moyo said on Monday.
- businessweekly
- January 23, 2018
- 844 views
Firm seeks $700m for coal-bed methane exploitation
HARARE – One of the three firms granted a coal-bed methane concession by government in Lupane, Matabeleland North Province, Discovery Investments, has said it required about $700 million to start…
- businessweekly
- January 23, 2018
- 664 views
POTRAZ sets up 84 CICs
Enacy Mapakame HARARE – The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has to date established 84 community information centres (CIC) across the country as efforts to enhance use…
- businessweekly
- January 23, 2018
- 330 views
Global stocks scale record highs as U.S. government shutdown ends, yen turns down
TOKYO – Asian stocks advanced on Tuesday after U.S. senators struck a deal to end a government shutdown in a boost to Wall Street, while the dollar turned higher against…
- businessweekly
- January 23, 2018
- 430 views
Bourse records gain
HARARE – The Zimbabwe Stock Exchange’s All Share Index gained 0.10 points (or 0, 11 percent) to close at 91.60 as Meikles put on $0, 0100 to close at $0,…