Thursday, November 15, 2018
Art Correspondent Artists at the beginning of their career meet tumultuous challenges in terms of promoting their artworks. They are often unaided if they are going to succeed in the art industry or if their works are going to be recognised enough to create a strong foundation in their art...
Africa Moyo The Air Zimbabwe board, which met last Friday to deliberate on the fate of suspended chief executive officer Captain Ripton Muzenda, has no mandate to unilaterally sack him, Business Weekly has established. It was largely expected that by end of last Friday, Cpt Muzenda would have been sacked by...
Livingstone Marufu Zimbabwe Stock Exchange-listed entity Seed Co Limited, is in discussions with Government to revive commercial rice production in the country in a move that is expected to save the country as much as $150 million in foreign currency. This comes after the demand for rice drastically increased to over...
Chris Chenga The National Railways of Zimbabwe (NRZ)’s $400 million deal with a consortium led by the Diaspora Infrastructure Development Group (DIDG) and South Africa’s Transnet, which had hit a brick wall, came back to life after Cabinet approved the transaction. Now that the deal is back on the table,...
The composition of DIDG is impressive. It appears a well-structured entity with sound governance and operational models. The group is a locally represented entity proudly resembling global professional and technical standards. This resonates with a generation eager to contribute more significant input towards the nation that groomed them. A repugnant...
Business Writer The Reserve Bank of Zimbabwe (RBZ) says it is taking advantage of the significant levels of Real Time Gross Settlement (RTGS) balances in the economy to structure cheap financing for the productive sectors. Typically under the RTGS system, transfer of money between banks happens “real-time”, requiring that transactions...
Gains on the Zimbabwe Stock Exchange continued for the week ending Wednesday 18 October 2017, but were slightly lower than those of the previous week ending 11 October 2017. At the close of trading on Wednesday this week, the main Industrials Index had gained 5,91 percent to 515,95. The gains...
Tafadzwa Zimoyo (The Boss) Business Closet Anyone who grew up in Zimbabwe will agree that October is the hottest month of the year. The hot weather looks set to continue over the next couple of days before normal rains come in November. Drinking a lot of water, the yummy ice cream experience...
History is constantly being rewritten as new evidence comes to light. Here in the first of a new series in the Business Weekly, we discuss a dispute over the origin story of one of Zimbabwe’s most important pre-colonial leaders. What’s the mainstream version about Mzilikazi’s origin story? Very little is...
Kudzanai Sharara Taking Stock The banking industry has gone through more consequential changes in the last two to three years than it did in the preceding thirty years. The modern interaction between banks and clients through digital interphases, as well as the new customer expectations this brings, have been the greatest...