News
6 months ago | November 2, 2023
ZIDA finalises regulations to support investment into the country
Business Writer The Zimbabwe Investment Development Agency (ZIDA) has finalised proposed regulations for Special ...
Ecobank focuses on acquisition of digital skills by Africa’s youths
Business Writer Zimbabwean youths could benefit from leading pan-African banking group, Ecobank’s digital skills ...
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 | November 1, 2023
Inflationary pressures across the region weigh Simbisa’s regional ...
Enacy Mapakame Listed fast food chain, Simbisa Brands, says inflationary pressures across the region are weighing on its ...
Mine Entra opens today in Bulawayo amid high optimism
Business Writer Robust dialogue on matters affecting Zimbabwe’s premium sector, mining, are set to take centre stage ...
Management shakeup at Edgars
Business Writer Two senior executives at Edgars Stores Limited, one of Zimbabwe’s premier clothing retail chains, have ...
Zim intensifies efforts to make women-run SMES competitive in AfCTA
The Government is intensifying efforts to formalise micro, small and medium enterprises (MSMES) owned by women so that ...
How a landmark ruling impacts parental leave in SA
Gillian Lumb, Anli Bezuidenhout, Nadeem Mahomed & Alex van Greuning Earlier this week, the Gauteng High Court, per ...
6 months ago | October 31, 2023
FCB loan-to-deposit ratio fluctuates between 60-65pct
Business Writer First Capital Bank (FCB) Zimbabwe says its loan-to-deposit ratio (LDR) hovers between 60 percent and 65 ...
Cement prices skyrocket amid shortages
Business Reporter Prices of cement in Zimbabwe have gone up by as much as 100 percent over the past two months due to a ...
Axia FY23 revenue marginally declines
Enact Mapakame Specialty retail and distribution firm, Axia Corporation’s revenue for the full year to June 30, 2023 ...
Allan Gray prefers South Africa’s beaten-down stocks over bonds
Bloomberg South African equities are a better bet for investors than its bonds despite yields that are among the highest ...
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
Blueberry production to double in 2023
Business Writer Zimbabwe’s blueberry production is expected to double to 7 000 tonnes in 2023, up from 3 500 ...
RTG half-year occupancy rate decline
Business Reporter Rainbow Tourism Group (RTG) says the occupancy rate for the half-year period to June 30, 2023, closed ...
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 ...
Big tech sheds US$386bn in value as earnings disappoint
Bloomberg The so-called Magnificent Seven technology companies that have powered this year’s US stock rally are posting ...
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 ...
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