by sundelbolong | May 4, 2020 | Business & Finance News
Clothing retailers stand to lose roughly 10% of their annual turnover due to the government-imposed economic lockdown. They would need to cut costs – especially rentals – markedly, in order to lessen the blow to their profits. “The lockdown fell over the Easter...
by sundelbolong | May 4, 2020 | Business & Finance News
Zimbabwe has announced plans to use the allure of Victoria Falls to open a new stock exchange, as part of a broader plan to turn the resort town into an offshore financial centre. Finance Minister Mthuli Ncube has said the designation of Victoria Falls as an...
by sundelbolong | May 4, 2020 | Business & Finance News
Apple and Google said their upcoming contact-tracing tool will be restricted to one public health app per country to get as many people in each nation using the software as possible. The companies also released app concepts and sample code to help app developers build...
by sundelbolong | May 4, 2020 | Business & Finance News
Absa – the latest of the country’s big retail banks to release information about its payment relief programme – says it is expecting more customers to ask for help. It launched its payment relief programme on 30 March 2020, as many consumers and...
by sundelbolong | May 4, 2020 | Business & Finance News
US Treasury Secretary Steven Mnuchin said Monday he expects China to uphold a trade deal reached with Washington this year, and warned of “consequences” if the country did not. The comments come amid a sharp drop in global trade caused by the coronavirus...
