Business News

8 months ago | September 7, 2023

Mashonaland Holdings announces new board members

Business Writer Property firm, Mashonaland Holdings, has appointed prominent town planning and property development ...

African financial institutions pledge to protect, restore nature

Business Writer/NewZiana Some of Africa’s largest financial institutions have backed a call to conserve and restore ...

Rand bleeds amid concerns about Chinese growth

news24.com Jitters about global growth caused the dollar to rise on Tuesday, sending the euro to its lowest in nearly ...

8 months ago | September 6, 2023

USD loan to further intensify dollarisation trend – IH

Business Writer The demand for comparably more affordable US dollar loans will remain high, eventually accelerating the ...

UAE to buy US$450 carbon credits from Zim

Business Writer The United Arab Emirates (UAE) has pledged to buy carbon credits worth US$450 million from the Africa ...

Industry accused of profiteering

A senior Government official has chastised industry for continuing to clamour for statutory protection while ...

After four years of market share gains, Shoprite eyes even more ...

accreditation.com Shoprite’s capital expenditure could be as much as R8.5 billion in its 2024 financial year, a ...

8 months ago | September 5, 2023

Demand for real estate remains high in Zim, FBC

Enacy Mapakame Diversified financial services provider, FBC Holdings Limited, says demand for real estate remains strong ...

First Capital posts US$9,05m half year profits

Business Writer Victoria Falls Stock Exchange (VFEX) listed financial services provider, First Capital Bank (FCB), ...

Zim among countries with highest poverty level

Business Writer Higher food and energy prices combined with the weakening of global demand, shocks related to Covid-19, ...

African Climate Summit must reflect continent’s priorities ...

Bertha Letsoko As the Africa Climate Summit takes the stage to “serve as a platform to showcase global solutions, ...

8 months ago | September 4, 2023

Financial institutions remain optimistic on economy

Malvern Nkomo Financial Institutions in Zimbabwe remain confident and optimistic about the stability in the economy, ...

Invictus Energy’s tests reaffirm light oil, gas and helium deposits

Business Writer Invictus Energy, an Australian-listed company that is prospecting for oil and gas in Zimbabwe, said on ...

Is the current stability temporary? analysts

Michael Tome ANALYSTS say a potential resurgence of inflation in the local economy is imminent, arguing the ongoing ...

Sunway City to establish world-class health centre

Business Writer Sunway City, a subsidiary of the Industrial Development Corporation, is proposing to set up a ...

8 months ago | September 1, 2023

Zim debt dialogue set to continue amid poll ruckus

Business Writers Zimbabwe’s unfolding political situation has nothing to do with current discussions on the ...

Fresh drive to resuscitate Bulawayo industries

Sikhulekelani Moyo THE newly elected Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter executive, has set ...

Underemployment, a driver of poverty in Zim

Tapiwanashe Mangwiro With a total of 79,3 percent of the population employed in Zimbabwe according to Zimbabwe National ...

The parole evidence rule

Arthur Marara The Parole Evidence (often spelt “parol evidence” in other circles) Rule is a legal principle that ...

US$400m boost for Zim, Africa SMES

Enacy Mapakame Local small to medium enterprises (SMEs) have an opportunity to benefit from the US$400 million facility ...