daniel chigunwe
- businessweekly
- June 4, 2024
- 93 views
Econet’s modernisation efforts to boost volumes and revenue: IH Securities
Business Writer IH Securities says Econet’s continued modernisation efforts with an additional 550 base station sites planned across the country is expected to boost volumes and consequently revenue. In its…
- businessweekly
- June 4, 2024
- 100 views
Zimbabwe named among top countries blocking airline funds
Business Writer Zimbabwe owes international airlines a total of US$69 million in funds that could not be repatriated, according to the International Air Transport Association (IATA). Money or capital realised…
- businessweekly
- June 4, 2024
- 64 views
Afreximbank, APPO launches new energy bank to address funding gap
Business Writer The African continent took a significant step towards energy independence on today, with the signing of the Establishment Agreement and Charter of the Africa Energy Bank (AEB) which…
- businessweekly
- June 4, 2024
- 268 views
Former GMB boss Mutenha appointed Cottco’s new acting CEO, faces daunting task
Business Writer The Cotton Company of Zimbabwe (Cottco) has appointed Roki Mutenha as acting chief executive officer. Mutenha, a seasoned figure in the agricultural sector with experience at the Grain…
- businessweekly
- June 3, 2024
- 326 views
Steward Bank soars despite tighter liquidity, drives growth with digital innovation
Own Correspondent Steward Bank, Zimbabwe’s largest bank by depositors, has reported a 111 percent surge in inflation-adjusted non-funded income, reaching ZWL745 billion for the fiscal year ending February 29, 2024.…
- businessweekly
- June 3, 2024
- 56 views
S Korean president to host Africa summit eyeing minerals, trade
AFP South Korea will aim to secure critical mineral imports and boost trade ties with Africa as President Yoon Suk Yeol hosts dozens of heads of state from the continent…
- businessweekly
- June 3, 2024
- 113 views
Unifreight banks on tobacco transport despite slow start
Business Writer Listed logistics firm Unifreight Africa Limited is upbeat on improved performance in the 2024 financial year and going forward supported by the tobacco industry despite starting the year…
- businessweekly
- June 3, 2024
- 49 views
Africa can ill afford $75bn interest payments, AfDB Says
Bloomberg African nations will spend $75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the…
- businessweekly
- June 3, 2024
- 43 views
SA’s post-election wrangling leaves investors in limbo
Bloomberg Investors braced for further upheaval in South Africa’s financial markets in the wake of last week’s elections that produced no outright winner, with the outcome of ongoing coalition talks…
- businessweekly
- June 3, 2024
- 108 views
CTC probes CBZ’s bid for more stake in First Mutual Holdings
Oliver Kazunga Senior Business Reporter THE Competition and Tariff Commission (CTC) is investigating the proposed acquisition of additional stake in First Mutual Holdings Limited by CBZ Holdings Limited. At present,…