Friday, April 20, 2018
Golden Sibanda Zimbabwe will proceed with plans to levy 15 percent on raw platinum exports starting next year, if producers fail to comply with Government policy and directive for miners to build beneficiation facilities. Mines and Mining Development Minister Walter Chidhakwa said in an interview Government had no plans to...
Jeffrey Gogo Investors on the Harare-based virtual money exchange Golix.io are to receive hundreds of thousands of dollars equivalent to their bitcoin for free after the currency split again for the second time in three months, officials say. The latest “hard fork” of October 24 created a new cryptocurrency called bitcoin...
Investments are never the same, and knowing about them, why one needs to invest, what to invest in, when to invest and how much to invest are questions that are frequently asked. We continue from last week where we endeavour to answer some of those questions that will fill...
Kudzanai Sharara The Zimbabwe Stock Exchange recorded its biggest monthly turnover since dollarisation after the October 2017 turnover breached the monthly record turnover achieved in September 2017. Turnover for the month of October amounted to $168,8 million. The previous highest was $89,8 million recorded in September 2017 and before that,...
Welcome to Taking Stock, a brand new weekly column where I will look back, analyse and comment on business and economic events that might have taken place a few months or years ago, promising heaven and earth to shareholders in the case of companies and citizens in the case...
A business (also known as an enterprise, a company or a firm) is an organizational entity involved in the provision of goods and services to consumers.Businesses serve as a form of economic activity, and are prevalent in capitalist economies, where most of them are privately owned and provide goods...
LIQUEFIED petroleum gas imports jumped 67 percent between January and June this year, indicating growth in the use of alternative heating energy compared to electricity, statistics from Zimbabwe Energy Regulatory Authority show. Zera chief executive officer Engineer Gloria Magombo told The Herald Business by email that LPG imports increased to...
Jeffrey Gogo Much has been said about the mining of crypto currencies and how the process guzzles electricity. Could crypto-mining pose a threat to the electricity dynamics in Zimbabwe in the future? Mining is a process that creates new digital coins by solving complex mathematical problems using very powerful computers, day...
Kudzanai Sharara Taking Stock A lot is going on in Zimbabwe. For entities in the country, the economy seems to be creating various pathways which will eventually determine whether or not an entity exists over time. The economic maze is so huge that it is easy for one to...
--- Industry strategy seeks to grow hectarage by 2 000ha --- To generate $25 million export earnings Business Writer --- Zimbabwe’s coffee industry requires at least $65 million to boost production mainly by small scale farmers, according to the sector’s five year development draft strategy. At least 4 700 hectares would be planted...