Business News | Market Trends & Financial Updates

Despite heavy discounting Boxing Day sales ‘attracting fewer shoppers’

The number of people heading to the Boxing Day sales has fallen for the third year running despite some heavy discounting, retail analysts have said. Springboard, which examines information from UK High Street and shopping centre cameras, said average footfall up to

December 27, 2018

Business·Zimbabwe

Zimbabwe third quarter net revenue rises by over 22 pct

Zimbabwe’s net revenue for the third quarter of 2018 grew by 22.56 percent to some 1.19 billion U.S. dollars from 967.76 million realised during the same period last year, Ministry of Finance permanent secretary George Guvamatanga said Thursday. Gross collections amounted to

October 19, 2018

Africa·Business

Gupta brother ‘threatened to kill’ top South African finance official

South Africa’s former Deputy Finance Minister Mcebisi Jonas has alleged that controversial businessman Ajay Gupta threatened to kill him if he ever disclosed that he offered him 600m rand ($44.6m; £36.2m) at a meeting in 2015 in exchange for him taking the

August 24, 2018

Business·Zimbabwe

Zimbabwe edges back onto tourist map

Harare – Zimbabwe’s tourism sector is enjoying a rebound with visitors returning in hordes to see the majestic Victoria Falls following two decades of stagnation. Back in the 1990s nearly 200 000 people were checking in at ticket office to see the

July 25, 2018

Business·Zimbabwe

Africa-India trade records 10-fold growth, report shows

Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank (Afreximbank) and Exim Bank of India (Exim India). The report,

July 24, 2018

Business·Zimbabwe

Tobacco sales this season could easy cash crisis in Zimbabwe

By Beaven Dhliwayo HARARE – Latest data from the Tobacco Industry and Marketing Board on Friday show that the golden leaf has reached a record high of 237.1 million kilograms with four days left before the end of the selling season raising

July 23, 2018

Business·Zimbabwe

Seed Co Limited proposes 71 percent partial unbundling of Seed Co International

Harare – Seed Co Limited in a circular to shareholders on Tuesday said in order to unlock shareholder value and position the continental operations for growth, the Board is proposing to partially-unbundle 71 percent of Seed Co International. The Group has over

July 17, 2018

Business

Zimbabwean businessman James Makamba could lose Sandhurst mansion Villa Royale

James Makamba’s sprawling Johannesburg property could soon be confiscated by Absa bank to recover a $4.5m (R59m) debt owed by the Zimbabwean businessman. The debt is understood to have accumulated in mortgage, credit card and vehicle financing accounts the businessman opened with

June 11, 2018

Business·Zimbabwe

Zimbabwe negotiates wheat import deal with Canada

The Grain Millers Association of Zimbabwe (GMAZ) is set to finalise a 200 000 metric tonne wheat import agreement with Canada in the next two weeks to beef up local stocks. The GMAZ team was in Toronto last week and the association’s

May 23, 2018

Business

There’s gloom and doom when things go boom in Dexter’s lab

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February 14, 2018

Business - Page 7

Despite heavy discounting Boxing Day sales ‘attracting fewer shoppers’

Zimbabwe third quarter net revenue rises by over 22 pct

Gupta brother ‘threatened to kill’ top South African finance official

Zimbabwe edges back onto tourist map

Africa-India trade records 10-fold growth, report shows

Tobacco sales this season could easy cash crisis in Zimbabwe

Seed Co Limited proposes 71 percent partial unbundling of Seed Co International

Zimbabwean businessman James Makamba could lose Sandhurst mansion Villa Royale

Zimbabwe negotiates wheat import deal with Canada

There’s gloom and doom when things go boom in Dexter’s lab

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