Friday, April 20, 2018
Tawanda Musarurwa In view of recent increases in public borrowing, which raise questions about the sustainability of public debt, there is need for Government to come up with comprehensive, reliable and up-to-date public debt databases to produce statistics for debt policy formulation. And the Government has made strides in this...
Bulawayo companies, just like any other companies across the country, have been operating in an environment characterised by high interest rates, foreign currency shortages, unemployment and generally high uncertainty. Business Weekly’s Hebert Zharare (HZ), this week caught up with the Confederation of Zimbabwe Industries (CZI) Matabeleland president Joseph Gunda...
Beijing. — China’s economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and credit would hurt expansion. The official growth figures released on Thursday...
JOHANNESBURG - “If you had asked me five years ago if we would be where we are now with digital financial services, I couldn’t have imagined it,” said Ann Miles, director of financial inclusion at Mastercard Foundation. “Banks have to get comfortable with the fact that they are good at...
Tawanda Musarurwa Although the drink is generally drunk fairly soon after being drawn from the tree when it is still sweet and relatively non-alcoholic the locals like it when it makes them stagger. Popularly-known merely as a border post into South Africa, Beitbridge doesn’t really strike one as a tremendous travel...
Kudzanai Sharara High interest rates and low employment levels had a negative impact on potential mortgage borrowers in 2017 resulting in a slight increase in mortgage advances, the Zimbabwe Association for Housing Finance has said. Responding to enquiries from Business Weekly, ZAHF said the mortgage lending environment in the year was...
Melbourne. — Melbourne scientists have discovered a new way to find a crucial stem cell in the lining of a woman’s womb. The world-first finding will drive desperately needed research into endometriosis, a common health condition in which cells that line the uterus are found in other parts of the...
Kudzanai Sharara Zesa’s power monopoly is coming under serious challenge as firms offering consumers alternative power sources continue to grow. For years, the Zimbabwe Electricity Supply Authority (ZESA) has been the country’s sole supplier of electricity to individuals and companies. With very limited options, power consumers had to contend with load shedding...
Kudzanai Sharara In 2016, Government embarked on a Command Agriculture Programme whereby 400 000 hectares of land was specifically targeted for maize production. The then Cabinet took a decision which saw farmers close to water bodies being given inputs and farming machinery to support them in growing maize, which is the...
Business Writer The Zimbabwe Revenue Authority (Zimra) Commissioner General’s post — which was expected to have been filled by November last year — has turned into a massive contest amid speculation that a former revenue commissioner, with international experience, is among the front runners for the top post. Ex-Zimra staffer Faith...