International

6 months ago | November 3, 2023

As good as gold?

Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment with an exchange-traded fund ...

Main Street vs Wall Street

American stockbroker Peter Schiff delivered a timeless reminder: “The stock market is not the economy, and the economy ...

A world desperate for sugar sees it pile up in Brazilian ports

The world needs sugar from top producer Brazil more than ever to help ease global shortages. Congestion at key ports ...

Central Bank gold binge bigger than previously thought

Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that ...

6 months ago | November 2, 2023

IMF tells Zim to accelerate reforms

Business Writer The International Monetary Fund (IMF) flagged the pressing need for Zimbabwe to immediately expedite ...

6 months ago | October 31, 2023

Gold holds near $2 000 after Israel starts ground offensive

Bloomberg Gold traded near $2 000 an ounce — after breaching the threshold for the first time since May on Friday — as ...

Bitcoin’s big moves are being magnified by a protracted lack of ...

Bloomberg A protracted dearth of liquidity in cryptocurrency markets is playing a key role in the more than 10% swings ...

6 months ago | October 30, 2023

Amazon’s $400bn rally hinges on cloud results: Tech watch

Bloomberg Amazon.com’s run as one of the best stocks this year will likely come down to the performance of a single ...

Saudi Arabia seeks trade deals, mulls Brics offer to lift exports

Bloomberg Saudi Arabia is looking to sign more free trade agreements and still considering joining the Brics club of ...

Russia hikes interest rates despite world’s biggest currency surge

Bloomberg Russia’s central bank raised interest rates far more than forecast, alarmed that inflationary risks are still ...

6 months ago | October 27, 2023

Traditional farming methods save the day for Zim farmers

When small-holder farmer Gift Chisvo was given land in Zimbabwe’s Midlands province in the early 2000s under a land ...

The climate crisis has a price and it’s US$391m a day

Damage from the global climate crisis has amounted to US$391 million per day over the past two decades, a report showed. ...

Balancing Africa’s energy security needs

African energy leaders and global investors attended African Energy Week in Cape Town last week to find ways of “making ...

Inflation: The good and the bad news

South Africa beat England in World Cup games in cricket and rugby last week. The latter, a semi-final match-up, was a ...

‘World Bank, IMF need to keep reforming’

The World Bank and the International Monetary Fund are being challenged to make substantial reforms so that they become ...

Strongest US economic growth since 2021 puts Fed in tough spot

US economy likely expanded in the third quarter at the fastest clip in nearly two years, a surprising acceleration ...

US brands hand out freebies as online ads lose appeal

Online ads are delivering less bang for the click these days, so brands are turning to an old brick-and-mortar marketing ...

6 months ago | October 24, 2023

IMF assists RBZ to implement international banking regulations

Business Writer The International Monetary Fund (IMF) is working with the Reserve Bank of Zimbabwe (RBZ) on the ...

7 months ago | October 20, 2023

Zim gets climate adaption funding from Canada

The Canadian Government has allocated US$15 million (Canadian) to support Mennonite Central Committee’s work in climate ...

‘Health and climate ministerial declaration’ draft under scrutiny

BERLIN. — A draft “health and climate ministerial declaration”, set to be released at the upcoming UN Climate Conference ...