Saturday, November 17, 2018
Kudzai M. Mubaiwa I have always found it rather curious how global brands are widely celebrated when they come in to Zimbabwe, particularly so when they are for fast moving consumer goods. Certainly I am happy when investment comes into the country, jobs are created and downstream effects felt, but...
Prince Sunduzani Bulawayo. — Demolition of old infrastructure is underway at Egodini terminus in Bulawayo as work on the $60 million mall construction project takes shape. South African engineering firm, Terracotta Private Limited, is implementing the mega project after council handed over the site to it last month. Commuter omnibus operators and...
Chris Chenga Among the top priorities for the Zimbabwean economy is the trade balance. It is a consistently bemoaned indicator of the level of production within the economy and foreign currency earner for a country without much monetary expansion levers. Perhaps just as important, the trade balance is also a...
Clive Mphambela In 2006, the SADC bloc came up with the Protocol on Finance and Investment (PFI). The PFI was anchored on the need to accelerate growth, investment and employment in the SADC region through increased co-operation, co-ordination and management of macroeconomic, monetary and fiscal policies. It also sought to...
Tinashe Makichi Singapore-based Wilmar International and India’s Midex Group have announced plans to invest in Zimbabwe’s sugar industry. The local sugar industry is currently dominated by South African-owned Tongaat Hullet Zimbabwe. Surface Wilmar Zimbabwe CEO Sylvester Mangani told the Business Weekly that the plan to venture into the sugar industry is part...
Despite the high volumes of goods that require transport, the development and integration of ports in Africa’s wider logistic chains remains uneven JOHANNESBURG — Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are...
Kudzanai Sharara and Enacy Mapakame Zimbabwean employers hired significantly more marketing people in the first quarter of the year 2018, according to recruitment agencies who spoke to Business Weekly. According to Victor Mangwanya, a business analyst with CV People Africa, most sectors recruited an increased number of employees in the first...
Fungai Kuzinya Zimbabwe trades with several states. Each country that Zimbabwe trades with has its own laws, methods of creating laws and legal system. There is nothing wrong with this from a political perspective. It may, however; have adverse effects on international trade. Zimbabwe’s national question has moved away from seeking...
Tawanda Musarurwa South African retailers have made a commitment to remove non-tariff barriers on Zimbabwe. Non-tariff barriers (NTBs) refer to restrictions that result from prohibitions, conditions, or specific market requirements that make importation or exportation of products difficult and/or costly. Economies can put in place several types of alternative barriers in lieu...
New York. — For all the buzz around wind, solar and electric cars, energy company executives had plenty to say Tuesday about the continuing role of fossil fuels and nuclear power at the Bloomberg New Energy Finance Future of Energy Summit. Mining mogul Bob Murray offered a passionate defence of...