Business News

2 years ago | July 5, 2022

SA confirms fuel subsidy will end as prices jump 11pc

Bloomberg South Africa’s government confirmed that it will end a temporary reduction in the fuel levy next month as it ...

Firms from rich countries are taking factories home

The Conversation There is no doubt that globalisation has benefited Africa greatly. This includes job creation, ...

We cannot rely on Eskom any longer: Mavuso

Moneyweb The load shedding of last week was devastating. I have been told of companies forced to lay off staff because ...

What it would take to set up an African drug discovery ecosystem

The Conversation Africa has great potential for drug discovery. The continent has natural resources, indigenous ...

2 years ago | July 4, 2022

Brace for spike in NPLS, banks warned

Oliver Kazunga The increase in lending interest rates is likely to lead to a spike in Non-Performing Loans (NPLs) and ...

SeedCo volumes remain flat

Business Writer The country’s largest seed processor, Seed Co International Limited (SeedCo) revenue for the full year ...

Fastjets introduces Botswana route

Budget airline, Fastjet, on Thursday launched its inaugural flight between Zimbabwe and Botswana via the resort city of ...

Shah suffers major legal setback

Business Writer Controversial businessman, Jayesh Shah’s Al Shams Global BVI Ltd, has suffered a another legal ...

2 years ago | July 1, 2022

New mall project to create 450 jobs

Tapiwanashe Mangwiro Real Estate investment firm, Terrace Africa’s newly completed US$20 million Highland Park Mall ...

Big vs small thinking

Clifford Shambare Whenever I get the chance to book a seat in an aeroplane, I always endeavour to choose one by the ...

Pension funds investments and economic development

Dr Keen Mhlanga A great percentage of humans is employed at a specific organisation or institution however one cannot ...

Govt probes shady mine deals

Business Writer Zimbabwe is revisiting all mining contracts signed in the last 20 years to interrogate potential risks ...

TSL commits US$3m towards capital expenditure

Nelson Gahadza TSL Limited says it will commit US$3 million towards capital expenditure in the second half of the year ...

TelOne plunges into operational crisis

Oliver Kazunga STATE-OWNED telecommunications company, TelOne, says it has plunged into an operational crisis on the ...

Rudland’s bid to acquire Tongaat Hulett scuttled

The decision by JSE-listed Tongaat Hulett to terminate an underwriting agreement of up to R2 billion with Magister ...

Colour psychology in branding

Leslie Mupeti Each colour has a psychological meaning behind it. This is the reason why choosing colours for your brand ...

Zim misses out on US$2,3bn World Bank facility

Business Writer Zimbabwe is set to miss out on a US$2,3 billion World Bank facility because of its failure to service ...

POSB chief to stay after contract expiry

Business Writer People’s Own Savings Bank chief executive officer, Admore Kandlela will stay at the bank until the ...

Five phrases every leadership should practice

Arthur Marara Leadership is never about knowing all the answers. Rather leadership is learning and practising to ask the ...

As inflation spirals, who is feeling most pain

Kudzanai Sharara Hyperinflation is back into the conversation among Zimbabwean consumers like it never left. Broadly ...