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- businessweekly
- January 23, 2018
- 857 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
- 677 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
- 339 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
- 442 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,…
- businessweekly
- January 22, 2018
- 541 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
- 605 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
- 407 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
- 492 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
- 497 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
- 656 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”.