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- businessweekly
- January 11, 2018
- 627 views
Rand makes small recovery after Wednesday’s setback
The rand was slightly stronger on Thursday morning following Wednesday’s setback when it registered the business community’s disappointment that rumours of President Jacob Zuma’s exit were false.
- businessweekly
- January 11, 2018
- 508 views
De-watering of shafts at Shabanie-Mashava Mine begins
HARARE – An initial 50 workers have been engaged to re-process dumps at Shabanie-Mashava Mines in an effort to raise part funding required for re-opening of the mothballed asbestos mines…
- businessweekly
- January 10, 2018
- 430 views
Bourse’s All-Share Index slides into the red
HARARE – The Zimbabwe Stock Exchange’s All Share Index shed 0.62 points (or 0, 64 percent) to settle at 96.94 as Hippo Valley dropped $0, 0600 to close at $1,…
- businessweekly
- January 10, 2018
- 424 views
World Bank projects lower Zim GDP growth
Tawanda Musarurwa HARARE – The World Bank anticipates that Zimbabwe’s economic growth this year will grow by 0, 1 percent. This is significantly lower than the 4, 5 percent that was…
- businessweekly
- January 10, 2018
- 429 views
ECB hawks take the lead on QE debate as doves stay quiet for now
By Alessandro Speciale As the European Central Bank enters 2018, the debate over its stimulus plans is being dominated by policy makers warning against keeping policy ultra-loose for too long. With…
- businessweekly
- January 10, 2018
- 474 views
Oil marches higher on signs of massive drop in U.S. stockpiles
Oil extended gains from the highest close in more than three years as U.S. industry data signaled crude stockpiles dropped an eighth week.
- businessweekly
- January 10, 2018
- 718 views
World Bank has good news and bad news for SA
The good news is the World Bank expects SA’s economic growth to accelerate to 1.1% in 2018 from 0.8% in 2017. The bad news is this makes SA a laggard among…
- businessweekly
- January 10, 2018
- 778 views
Moza drops calculation of old age pension from 160 months to 60 months
MAPUTO – The Mozambican government earlier this week lowered the threshold for entitlement to old-age pension from 120 to 60 months equivalent subscription, a statement from the National Social Security…
- businessweekly
- January 10, 2018
- 364 views
Zim Govt urged to issue import permits to manufacturers to curb price hikes
HARARE – The Zimbabwe government has been urged to issue more import permits to manufacturers to enable them import raw materials and increase production to end shortage of goods on …
- businessweekly
- January 9, 2018
- 407 views
CZI engages tertiary institutions for R&D
Tawanda Musarurwa HARARE – Industry representative body, the Confederation of Zimbabwe Industries (CZI) says it has begun to engage local Universities and tertiary institutions to enhance the contribution of Research…