Wednesday, January 16, 2019
Clive Mphambela The currency debate is one that will not go away by itself, neither can any economist, policy maker or layman wish the currency issues bedevilling our economy away. Different schools of thought are coming forth. From the extremes, we have those who are clamouring for the return of...
Kudzanai Sharara Rosemary Mukaro is a young executive who has been working in the financial services sector for more than 3 years now, but still has little appreciation of how to invest in stock markets. There is need to demystify stock market investment as an elitist activity. Mukaro’s story is not...
Lynn Murahwa Petrotrade has reaffirmed its presence in the country as a company with vision through its bold expansion strategies. The firm has recently opened a state of the art service station in Beitbridge worth $2 million. Speaking at the official opening of the service station, Petrotrade acting Chief Executive Officer (CEO)...
Michal Gwizdala & Tjaart Krüger Proteins are “large”, complex molecules that perform most of the complicated and vital tasks in living organisms. So when scientists study proteins, they can produce blueprints for a new generation of bio-inspired technologies. But proteins guard their secrets very closely. Luckily, there are ways of making...
Nearly ten years ago the Central Bank of Nigeria conducted a deep assessment of the country’s banks. The 2009 exercise exposed large-scale fraud committed by a number of CEOs. To save the banking system from collapse, the Central Bank took over a number of institutions and spent billions saving others....
After a gravity-defying run, nickel has now also succumbed to weakness in the industrial metals complex as global trade fears mount, declining to $14,125 per tonne on Monday. The metal, mainly used in stainless steel manufacture, is down 10% or more than $1,600 a tonne from more than three-year highs hit...
The 10th BRICS summit to be hosted by South Africa is going to be closely watched. It comes at a time when extraordinary global political and economic challenges are facing the world. The BRICS bloc is made up of 5 of the leading countries in the global South — Brazil,...
From glorious highs to rock bottom, Indians hooked to cryptocurrencies have seen it all in the last year. In 2017, the price of a bitcoin, the world’s best known virtual currency, rose from around $900 at the start of the year to nearly $20,000 by December. This fuelled a boom...
Kenya’s capital, Nairobi, is the second most congested city in the world. To reduce congestion, Nairobi County has proposed car-free Wednesdays and Saturdays in two of the busiest parts of the city. With private cars off the road, the plan is to include more buses, a light railway and a...
Platinum coated cast of human skull encrusted with diamonds called For the Love of God by Damien Hirst The price of platinum plunged more than 5% to touch $811.10 an ounce on New York futures markets on Monday, the lowest since July 2004. Platinum is also trading not far off a record...