daniel chigunwe
- businessweekly
- January 25, 2024
- 100 views
I cent per share for Tongaat shareholders as new deal whittles value
Moneyweb Tongaat Hulett’s thousands of shareholders should sell their shares in the financially-hamstrung suspended JSE-listed sugar producer and property developer – even for 1 cent per share – to limit…
- businessweekly
- January 25, 2024
- 158 views
Prices of most goods skyrocket
Business Writer The prices of most goods and services in formal retail shops and wholesale have doubled in the past two weeks after the Zimbabwean dollar plunged against major currencies,…
- businessweekly
- January 24, 2024
- 88 views
Far East propels Zim’s tobacco exports
Business Writer In just three weeks into 2024, Zimbabwe has exported about 22 million kilogrammes (kg) of tobacco worth US$146 million, according to the latest figures from the Tobacco Industry…
- businessweekly
- January 24, 2024
- 175 views
Ward appointed acting CEO of African Sun
Business Writer Victoria Falls Stock Exchange (VFEX) listed hospitality group, African Sun, has appointed Lawrence Ward, as the group’s acting chief executive officer (CEO) with effect from January 20, 2024.…
- businessweekly
- January 24, 2024
- 107 views
RBZ allots US$16 million in December 2023
Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe allotted US$16.1 million in December 2023 as it continued to support the economy through the foreign currency auction market. “The sum of US$3…
- businessweekly
- January 24, 2024
- 99 views
Fall armyworm reported in four provinces
Over 160 hectares have been invaded by the African armyworm in four provinces so far this year, according to Shingirayi Nyamutukwa, acting director responsible for migratory pests in the Ministry…
- businessweekly
- January 24, 2024
- 111 views
Chinese automakers win Russian market
An Xiaomeng ST. PETERSBURG, Jan. 22 (Xinhua) — Last year, Chinese car sales set a historic record in Russia, gaining almost half of the country’s auto market share. Chinese automakers…
- businessweekly
- January 23, 2024
- 123 views
Hippo Valley, Govt in talks over 99-year-leases
Enacy Mapakame The country’s biggest sugar producer, Hippo Valley Estates, is still in negotiations with Government over finalisation of the 99-year lease relating to Hippo Valley North (23 979 hectares).…
- businessweekly
- January 23, 2024
- 82 views
Call to protect small businesses intensifies
Tapiwanashe Mangwiro Analysts have urged policymakers and stakeholders to prioritise the protection and support of SMEs to ensure sustained economic development and stability as it is the backbone of the…
- businessweekly
- January 23, 2024
- 119 views
Cottco suffers huge losses as cotton is exposed to rain
Business Writer Cottco, the country’s largest cotton financier is facing a major loss after significant amounts of raw cotton were exposed to rains, company sources have said. The board’s decision…