Business News

1 year ago | January 19, 2023

Complaints against crypto asset providers can now be probed by ombud

William Brederode Complaints against crypto asset providers can now be investigated by the office of the Financial ...

1 year ago | January 18, 2023

 ZSE closes in the red for second consecutive day

Business Writer The Zimbabwe Stock Exchange (ZSE), which has been on a gains run since the new year, closed ...

Ipec assesses Pension Funds’ compliance with reporting guidelines

Business Reporter The Insurance and Pensions Commission (Ipec) has directed pension funds to submit sample financial ...

Tanganda introduces new tea varieties

Enacy Mapakame Despite the challenging economic environment, the country’s largest tea producer, Tanganda Tea Company ...

SA Government faces legal threat over load shedding crisis

Bloomberg Opposition politicians and South Africa’s biggest labour union say they’re readying a lawsuit against the head ...

China’s population shrinks for first time since 1960s in seismic shift

Bloomberg China’s population started shrinking in 2022 for the first time in six decades, a milestone for the world’s ...

Chief executives, economists brace for recession as Davos begins

Bloomberg The World Economic Forum’s annual meeting began in Davos with corporate executives and economists warning a ...

Goldman sees ‘bullish concoction’ for global commodities

Bloomberg Commodities have the strongest outlook of any asset class in 2023, with a perfect macroeconomic environment ...

Confronting Fragmentation Where It Matters Most: Trade, Debt, and ...

IMF News By Kristalina Georgieva As policymakers and business leaders gather at the World Economic Forum in Davos, they ...

1 year ago | January 17, 2023

Bard Santner launches Gold Coin Unit Trust

Tapiwanashe Mangwiro A local investment firm, Bard Santner, yesterday launched a Gold Coin Unit Trust, as the company ...

Innscor finalises regulatory approvals to migrate to VFEX

Business Writer Diversified industrial conglomerate, Innscor Africa Limited, says its planned migration to the Victoria ...

Natfoods invests US$12 million in contract farming

Business Writer Agro-industrial firm, National Foods (Natfoods) says it has invested US$12 million towards contract ...

British American Tobacco to retrench even more SA workers as its ...

Jan Cronje South Africa’s largest tobacco manufacturer, British American Tobacco SA (BATSA), says falling ...

Economists see 45 pc chance of recession in SA in 2023 as load ...

Bloomberg Prinesha Naidoo & Sarina Yoo South Africa faces a 45 percent chance of slipping into recession this year ...

1 year ago | January 16, 2023

Positive close on Friday for ZSE

Business Writer The ZSE All Share Index recovered by a marginal 124.23 points to close at 21 981.41 points in the last ...

Consultations on debt clearance begin

Business Writer   Consultations on reforms of arrears clearance and debt relief to be led by African Development Bank ...

Ok Zimbabwe concludes Food Lovers Market acquisition

Business Writer  Ok Zimbabwe says it has formally concluded the strategic acquisition of Food Lovers Market which gives ...

Two SA airports ranked in global top 20, and FlySafair is ...

Carin Smith Low-cost South African airline FlySafair is the second most on-time airline in the world, according to an ...

1 year ago | January 13, 2023

CZI favours WBWS over RBZ’s auction system

Business Writer Empowering businesses to access foreign exchange through the banking sector will put the economy in ...

Business tycoon Rudland eyes Tetrad Bank

Business Writer Business tycoon, Simon Rudland, through his family investment vehicle, is reportedly angling to take ...