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- businessweekly
- January 22, 2018
- 531 views
SMM scouts for partners
HARARE – Asbestos miner, Shabanie-Mashava Mines (SMM) Holdings says it is looking for a partner, with technical and financial capacity to construct a plant to re-process dumps at its two mothballed…
- businessweekly
- January 22, 2018
- 595 views
ZESA pleads with employees
HARARE – Power utility, Zesa Holdings, on Sunday said it is failing to honour a 2012 collective bargaining agreement reached with its employees due to financial constraints and urged workers…
- businessweekly
- January 22, 2018
- 400 views
Dollar regains footing after U.S. government shutdown, higher yields support
TOKYO – The dollar regained some footing on Monday after slipping earlier on a U.S. government shutdown, supported by higher Treasury yields, while investors took a relatively calm view of…
- businessweekly
- January 22, 2018
- 482 views
Rand and JSE likely to cheer new Eskom board on Monday
The rand, which strengthened to R12.05 to the dollar at the weekend — following Friday night’s vote by the ANC’s national executive committee (NEC) to ask President Jacob Zuma to…
- businessweekly
- January 22, 2018
- 488 views
Bond market bear creating gold bull
By Rick Mills Gold is climbing as bond yields rise and the dollar falls, over speculation that China is pulling back on buying US Treasuries and Japan signals it is…
- businessweekly
- January 19, 2018
- 626 views
Makomo’s $1bn power deal stalls
Africa Moyo Makomo Resources’ bid to construct a 600MW power plant is in limbo amid indications that purse holders are unwilling to release the funds citing “country risk”.
- businessweekly
- January 19, 2018
- 453 views
AfDB projects 1 percent GDP growth rate for Zim. . . as structural deficiencies continue to weigh it down
Harare. — The African Development Bank is projecting a 1 percent GDP growth rate for Zimbabwe in 2018 from an estimated 2,6 percent in 2017. This is within range of…
- businessweekly
- January 19, 2018
- 407 views
China’s 2017 GDP growth accelerates for first time in seven years
Beijing. — China’s economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven…
- businessweekly
- January 19, 2018
- 620 views
Zimra trade unions wade into CG selection
Business Writer The Zimbabwe Revenue Authority (Zimra) Commissioner General’s post — which was expected to have been filled by November last year — has turned into a massive contest amid…
- businessweekly
- January 19, 2018
- 414 views
MTN optimistic about Africa’s future growth
Johannesburg.— Nine months after taking the reins as president and CEO of MTN, Rob Shuter remains confident of the future of the company and its opportunities across its 22 markets…