daniel chigunwe
- businessweekly
- February 2, 2024
- 50 views
PayPal to cut 2,5k jobs as rivals snag market share
PayPal Holdings will reduce its workforce by about 9 percent as chief executive officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft…
- businessweekly
- February 1, 2024
- 275 views
Nyemudzo takes over as Air Zim chair, exit Mtasa
Business Writer Veteran banker, Never Nyemudzo, has been appointed new chairperson of Air Zimbabwe, taking over from business executive Chipo Mtasa who resigned recently. Mutasa stepped down from the national…
- businessweekly
- February 1, 2024
- 175 views
NetOne’s auditor flags material uncertainty related to going concern
Business Writer NetOne’s external auditor, Grant Thornton Chartered Accountants (Zimbabwe), has raised a material uncertainty related to the going concern of the mobile network operator in respect of the financial…
- businessweekly
- February 1, 2024
- 137 views
No more new appeals for blocked funds – Mthuli
Business Writer/NewZiana Finance, Economic Development and Investment Promotion Minister, Professor. Mthuli Ncube said on Wednesday that Government will no longer accept new applications for release of blocked funds. He said…
- businessweekly
- January 31, 2024
- 113 views
Tanganda Tea invests in El Nino effects mitigation measures
Business Writer Massive investments in dams, reservoirs and high-technology precision irrigation will mitigate the impact of the predicted El Nino-induced drought to the operations of Tanganda Tea Company, one of…
- businessweekly
- January 31, 2024
- 93 views
Prospect Resources unfazed by lithium prices
Business Writer In the ever-evolving landscape of battery metals, lithium, once the shining star, faced a tumultuous period marked by an 80 percent price crash last year. The price plummeted…
- businessweekly
- January 31, 2024
- 133 views
ZIMSTATS’ food poverty line queried
Business Writer Soaring costs of basic food necessities like mealie meal, cooking oil and bread render the current food poverty line (FPL) set by ZimStats grossly unrealistic, analysts said. The…
- businessweekly
- January 31, 2024
- 53 views
Vandalism crippling Zetdc
Harare, January 26, 2024 (New Ziana) – The Zimbabwe Electricity Transmission and Distribution Company (Zetdc) has said vandalism of its infrastructure is crippling its efforts to supply electricity as it…
- businessweekly
- January 31, 2024
- 86 views
China’s economic miracle continues
by Xin Ping The few China-naysayers must be surprised or even disappointed to see the Chinese economic performance data in 2023. According to the release by the National Bureau of…
- businessweekly
- January 30, 2024
- 73 views
Mounting inflationary pressures haunt economy as year-on-year inflation paces to 38,8 pc
Business Writer Zimbabwe’s year-on-year inflation surged to 34,8 percent in January, data by ZIMSTAT reveals. This marks an increase from 26,5 percent in December 2023, raising concerns about rising living…