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- businessweekly
- December 15, 2017
- 712 views
China firms ditch bonds for banks in search for funds
Shanghai. — Chinese companies are turning away from capital markets and heading back to state-owned banks to raise cash, in a reversal of Beijing’s previous efforts to modernize the way…
- businessweekly
- December 15, 2017
- 646 views
Sibanye to buy Lonmin for R5,17bn
Johannesburg. — Sibanye Gold plans to buy Lonmin, marking the end of the smallest and most financially stressed of the world’s three biggest platinum miners.
- businessweekly
- December 15, 2017
- 378 views
We can have FDI and empowerment too
Encouraging foreign direct investment through legal and economic reforms and encouraging the economic empowerment of Zimbabwean citizens are not mutually
- businessweekly
- December 15, 2017
- 441 views
Fuel demand increases 30pc
Business Writer The Reserve Bank of Zimbabwe has raised the weekly foreign currency allocation for fuel imports after demand increased by 30 percent, Reserve Bank governor John Mangudya has
- businessweekly
- December 15, 2017
- 837 views
MMCZ to auction diamonds to Zimbabwean buyers next week
Ishemunyoro Chingwere Business Reporter The Minerals Marketing Corporation of Zimbabwe (MMCZ), will next week conduct a diamond auction for local buyers in fulfilment of Government’s directive that 10 percent of
- businessweekly
- December 15, 2017
- 501 views
ZB seeks $35m lines of credit to revive nostro accounts
Business Writer zB Financial Holdings is seeking $35 million lines of credit to revive its nostro accounts and also to fund local energy projects, chief executive Ronald Mutandagayi has said. Mr
- businessweekly
- December 15, 2017
- 464 views
No more bailouts for parastatals
Kudzanai Sharara Taking Stock Last week Finance and Economic Planning Minister Patrick Chinamasa presented the country’s 2018 National Budget that was seen by many as progressive and capable of
- businessweekly
- December 15, 2017
- 1466 views
Tongogara: A general victorious in war and peace
KGVI Barracks was last week renamed after the late National Hero Josiah Magama Tongogara. We take a look at what made him the great leader he became? Where did he…
- businessweekly
- December 15, 2017
- 469 views
IDC continues to apply ‘4 D’ strategy for recapitalisation
Business Writer The Industrial Development Corporation is willing to be diluted in order to recapitalise its businesses, general manager, Benjamin Kumalo, who is three months into the job, has
- businessweekly
- December 15, 2017
- 446 views
Understand business and market cycles
By 2030 the Sensex and Nifty would have crossed many milestones, like they did in the past. Long-term investors should have this big picture in mind when they