2014年9月7日 星期日

2014-09-08 Zimbabwe Business

  Chronicle   
CBZ surpasses $100 million capital level  Chronicle
COMMERCIAL bank CBZ has emerged as one of the strongest institutions after surpassing the $100 million prescribed minimum capital requirement which is effective by 2020. In 2012, the Reserve Bank of Zimbabwe raised capital requirements for banks ...

Reserve Bank of Zimbabwe sells $50 million bond for coins   CPI Financial

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Slow economies dent demand for Zimbabwe, Malawi dairy  EIN News Zimbabwe
DEMAND for dairy foodstuffs such as ice cream and yoghurt is softening in Zimbabwe and Malawi, the two struggling Southern African economies. Revenues and volumes in Dairibord Holdings, which produces and supplies dairy foods and beverages in the ...


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Bad Loans - Who Pays the Price?  AllAfrica.com
Early August 2014, a Johannesburg Stock Exchange-listed and South Africa's largest micro-lender, African Bank ("Abil"), was placed under curatorship by the central bank of SA. This followed a report on widespread credit losses that threatened the bank's ...

Future of money market funds questioned   Financial Times

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Power Project Cost Raises Suspicion  AllAfrica.com
FORMER Energy minister Elton Mangoma yesterday questioned the US$533 million Kariba South Power Station extension project launched by President Robert Mugabe last week, saying there was serious suspicion of inflation of prices and looting by ...

Swiftly Implement Hydro Power Projects   The Herald

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Telecel explains reasons for separate infrastructure  The Zimbabwe Standard
MOBILE phone companies in the country say although it makes economic sense for them to share infrastructure, the current set up cannot permit them. by Our Correspondent. Speaking at the Mobile Markets and Telecoms forum in Bulawayo last week, ...


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Newspaper Vendors Feel the Pinch As Economy Flounders  AllAfrica.com
Vendors who spoke to NewZimbabwe.com said this is having a serious impact on their lives in a country with at least over 80 percent unemployment. They said as the economy deteriorates, most readers had since stopped buying newspapers which they ...


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Mortuaries Exonerated Over Contamination Charge  AllAfrica.com
PARLIAMENT has exonerated private mortuaries in Harare which were, earlier this year, accused of contaminating drinking water sources through their disposal of fluid waste. The funeral parlours came under fire for allegedly endangering the health of ...


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Female taxi drivers defy grave danger  New Zimbabwe.com
ZIMBABWE'S women are defying the odds by venturing into the lucrative but dangerous taxi industry which has for years been the preserve of men. They say they have been driven by sheer desperation as they have found themselves on the streets after the ...


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  Sydney Morning Herald   
Gold adorned Indian brides unlikely to lift bullion price  Sydney Morning Herald
Investors hoping the Indian wedding season will deliver a boost to the languishing gold price are likely to be disappointed, analysts say. Traditionally gold has rallied in September as the world's second-largest gold buyer India stocked up on the yellow metal ...

PRECIOUS-Gold well-supported by weak US jobs data; Ukraine crisis eyed   Reuters
BULLION LATEST – Despite disappointing NFP, signs point to weaker gold ahead   The Bullion Desk
Gold Bulls Retreat as $1.6 Billion Erased From ETPs: Commodities   Bloomberg
NASDAQ   
Live Trading News   
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The mechanisation of agriculture in Nigeria  BusinessDay
Agricultural mechanization is the application of mechanical technology and increased power to agriculture, largely as a means to enhance the productivity of human labour and often to achieve results well beyond the capacity of human labour. This includes ...

Path to improved agriculture financing in Nigeria, by Santuraki   The Guardian Nigeria

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