Delta going back to its roots

Mamvura’s Market Minute The jury is out on whether Delta, which makes more than half its profit out of sorghum beer, will make a success of Natbrew in Zambia. As…

Zim set for 28 tonne gold haul

Africa Moyo Zimbabwe is this year is heading towards breaking its 18-year record of the highest ever gold output of 27,1 tonnes, spurred by a sterling performance by small-scale and…

SMM to re-open Mashava Mines

Martin Kadzere SMM Holdings will soon re-open Mashava Mines, one of its asbestos mines in southern Zimbabwe, Mines and Mining Development deputy minister Fred Moyo has said. 

Increased dividend payouts, bad sign for the economy

Kudzanai Sharara Taking Stock In an economy that is generally described as under-performing, the increased dividend payouts by local companies is a reason to celebrate. But higher dividend payments could

Padenga shelves share buyback

Taurai Mangudhla Zimbabwe Stock Exchange (ZSE) listed crocodile skins and meat producer Padenga Holdings, has shelved a decision to buy back its own shares on account of a firming share

Zim industry requires $200m quarterly for raw materials

Martin Kadzere Zimbabwe’s industry requires about $200 million quarterly to import raw materials to operate optimally. The Confederation of Zimbabwe Industries, a lobby group representing

Bitcoin costs ‘only’ $7 000 in Zim

Business Writer The price of Bitcoin in Zimbabwe cannot be around the $13 000 mark as reported by a number of media outlets, according to Quartz.com. The digital news publication says…

Springs watered Great Zimbabwe’s people

This week we return to Great Zimbabwe but asking new questions about its available natural resources and how those influenced its development . What was the population of Great Zimbabwe?…

Inflation lower for the poor

Some people, and perhaps many readers of Business Weekly, will be surprised that annual inflation rose to “just” 2,24 percent in October, which takes into account many of those

ZSE records its biggest pull-back

Business Writer The Zimbabwe Stock Exchange recorded its biggest pull-back in more than a year yesterday as investors rushed to crystalise profits amid speculation in the wake of the

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