Business News

1 year ago | April 26, 2023

BAT Zimbabwe volumes to benefit from bottom-of-the-pyramid liquidity

Business Reporter British American Tobacco Zimbabwe (BAT) cigarette volumes are set to improve in 2023 but pricing will ...

Investing in Africa is profitable, AfDB tells Japanese investors

Business Writer African Development Bank (AfDB) president  Dr Akinwumi Adesina has called for a significant increase in ...

SA weighs mega renewable-energy tender to curb outages

Bloomberg South African Electricity Minister Kgosientsho Ramokgopa proposed a “mega bid window” for the procurement of ...

 Jack Dorsey-backed Bluesky attracts more users as Twitter falters

Bloomberg Twitter users, weary from another tumultuous weekend, are exploring Jack Dorsey-backed app Bluesky as a ...

 Anglo reports first quarter copper boost, some improvement with ...

Fin24 Diversified mining giant Anglo American said on Tuesday its first quarter output rose 9 percent largely due to ...

Brazil’s Lula tries to lure back foreign investors

Reuters Trying to lure back wary foreign investors, Brazil’s President Luiz Inacio Lula da Silva vowed on Monday ...

ECB’s lane says current data indicate a rate hike on May 4

Bloomberg Recent economic figures suggest the European Central Bank should increase interest rates again at its next ...

1 year ago | April 25, 2023

AfDB, ILX Management BV in partnership to fund SDGs

Business Writer The African Development Bank (AfDB) and ILX Management BV, have signed a partnership agreement to ...

Air Zim leases two Boeing 777-200 ERs

Business Writer National flag carrier, Air Zimbabwe, said it is dry leasing its two long-haul Boeing artifact acquired ...

Lithium production starts at Arcadia Lithium Mine

Tapiwanashe Mangwiro Chinese mining firm, Huayou Cobalt, has started trial production at the Arcadia Lithium Mine, ...

Blanket Mine reports 13 percent decrease in gold output

Enacy Mapakame Victoria Falls Stock Exchange (VFEX) listed Caledonia Mining Corporation Plc, says its local unit – ...

1 year ago | April 24, 2023

Mash Holdings to promote sustainable investments

Business Writer Mashonaland Holdings says it will be undertaking ongoing projects mindful of the fact to ...

ZB to continue with organisational transformation

Business Writer  ZB Financial Holdings’ transformation journey resulted in improved 2022 outturn with the group ...

1 year ago | April 21, 2023

‘Probe RBZ’s role in Gold Mafia exposé’

Business Writers LEGAL think tank, Veritas Zimbabwe, has called for a full investigation into the operations of the ...

Business expect better prospects in 2023

Business Writer Economic players are expecting the business situation in the country to improve in the first six months ...

Zim raises GDP forecasts by 2.2 percentage points

Business Writer The country’s economy is now expected to grow by 6 percent from the previous projection of 3,8 percent ...

5 key considerations before hiring a lawyer

Corporate Legal Matters with Arthur Marara Hiring a lawyer or a law firm is one of the biggest decisions you can ever ...

Manyere dimisses Mamvura’s US$4m claim

Martin Kadzere City businessman, Dr Douglas Mamvura, sold his shareholding in Premier Finance Group (PFG) in 2010 ...

Debtors remain a major credit risk management concern, IPEC

Nelson Gahadza Premium debtors that continue to increase remain a major credit risk management concern for short term ...

NMB diversification drive pays off

Business Writer NMB Holdings’ thrust to diversify operations out of the core banking function has positioned the group ...