daniel chigunwe
- businessweekly
- April 4, 2024
- 111 views
Caledonia targets to ramp up gold production to 250 000 ounces annually
Business Writer One of the largest mining firms in Zimbabwe, Caledonia Mining Corporation, is eyeing to produce 250 000 ounces of gold per year, pivoting on the multi-assets thrust it…
- businessweekly
- April 4, 2024
- 148 views
Legislators want directors of failed banks barred from opening new ones
Business Writer/NewZiana The Depositors Protection Act should be amended to provide for executives and directors of failed banks to be barred from opening new ones and running for public office,…
- businessweekly
- April 4, 2024
- 67 views
Chairman of Volkswagen Group China eyes cooperation to shape new era of individual mobility
BEIJING, April 3 (Xinhua) — “China has already become our second home. Volkswagen, with a strategy of ‘In China, For China,’ is deeply engaged in cultivating the new quality productive…
- businessweekly
- April 3, 2024
- 71 views
Local platinum producers call for review of forex retention threshold
Business Writer Zimbabwe’s platinum companies are lobbying for an increase in the amount of foreign currency they can retain from their earnings, it has been learnt. This request comes amidst…
- businessweekly
- April 3, 2024
- 202 views
Standard Chartered Zimbabwe sale to FBC Holdings nears completion
Business Writer The acquisition of Standard Chartered Zimbabwe by FBC Holdings is on track and is expected to be finalised by June of this year, according to a statement released…
- businessweekly
- April 3, 2024
- 99 views
BAT in full year 2023 volume decline
Business Writer British American Tobacco (BAT) reported a 5 percent decline in total volume, marking a shift from 1,054 million sticks to 1,003 million sticks compared to the previous year, …
- businessweekly
- April 2, 2024
- 180 views
Econet’s reunion with EcoCash’s fintech businesses a strategic move
Business Writer Zimbabwe Stock Exchange listed entity, Econet Wireless Zimbabwe (Econet), has released more details of its intention to reacquire the financial technology (fintech) businesses it demerged to EcoCash Holdings…
- businessweekly
- March 29, 2024
- 123 views
ED fast-tracks new RBZ chief’s appointment
Business Writer President Mnangagwa has expedited the appointment of Dr John Mushayavanhu as Reserve Bank of Zimbabwe Governor in response to a recent sharp decline in the value of the…
- businessweekly
- March 29, 2024
- 105 views
Innovation needed to cope with drought
Zimbabwe has suffered one of its worst droughts on record in the present summer season, with all three drought-related problems hitting: a late start to the season, little rain after…
- businessweekly
- March 29, 2024
- 82 views
Currency free-fall makes Zim untenable: CZI
Business Writer SUSTAINED depreciation of the Zimbabwe dollar, which sees all economic agents needing to constantly adjust prices, tariffs and service charges periodically to remain afloat, has made the economic…