daniel chigunwe
- businessweekly
- April 22, 2024
- 113 views
Zimbabwe seeks bridge loan to address debt burden
Business Writer Zimbabwe is currently in negotiations with financial institutions to secure a bridge loan of up to US$2 billion, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube…
- businessweekly
- April 22, 2024
- 76 views
Heavy rains, flooding shut Mauritius financial markets, offices
Bloomberg Mauritius shut its stock exchange, banks and many offices on Monday after torrential rains on Sunday caused flooding in the island nation. There would be no trading and settlement…
- businessweekly
- April 22, 2024
- 88 views
Masimba receives adverse opinion from external auditor
Business Writer Construction firm, Masimba Holdings, has received an adverse opinion from its external auditor, Grant Thornton for its 2023 financial results. The main issue raised by the adverse opinion…
- businessweekly
- April 22, 2024
- 126 views
Horticulture players upbeat of improved blueberry exports
Michael Tome THE Horticultural Development Council (HDC) is upbeat of improved blueberry exports in 2024 on account of plant maturity and opening up of markets in China and India. In…
- businessweekly
- April 22, 2024
- 80 views
IMF SDRs not abused -RBZ Governor
Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, says on Wednesday part of the US950 million Special Drawing Rights (SDRs) that the country received from the International Monetary Fund…
- businessweekly
- April 20, 2024
- 149 views
Local businessman Taruberekera participates at global AI and energy conference
Walter Nyamukondiwa Craft Properties Holdings founder, Professor Kudakwashe Taruberekera, is participating at the Global AI show in Dubai and the Middle East Energy 2024 symposium that is seeking to find…
- businessweekly
- April 19, 2024
- 193 views
Zimbabwe mobile profits fall, putting network quality at risk
Business Writer Mobile network operators in Zimbabwe saw a decline in profits in 2023, which together with power outages contributed to a worsening of service quality, according to the Postal…
- businessweekly
- April 19, 2024
- 84 views
RBZ sharpens tools to monitor, evaluate policies
Martin Kadzere This week, the Reserve Bank of Zimbabwe (RBZ) announced a new initiative to improve the monitoring and evaluation of its monetary policies. The move comes amid concerns about…
- businessweekly
- April 19, 2024
- 88 views
Engineering sector laments tough operating environment
Enacy Mapakame The Engineering, Iron and Steel (EIS) sector has bemoaned the tough operating environment which has seen an increase in the deregistration of companies in the sector. According to…
- businessweekly
- April 19, 2024
- 106 views
Making ZiG fully convertible could lead to dollarisation
Business Writer Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu says making ZiG fully convertible for all local transactions will result in complete dollarisation of the economy as a…