Business News

2 years ago | August 16, 2022

ZSE worst performing African stock exchange

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) is the worst performing stock exchange on the continent this year ...

Caledonia to leverage on efficiencies

Enacy Mapakame Victoria Falls Stock Exchange (VFEX) listed resources group, Caledonia Mining Corporation Plc is expected ...

SA faces R4.8trn infrastructure investment gap by 2030

Moneyweb South Africa will have an infrastructure investment gap of R4.8 trillion by 2030 from the aspirational target ...

China’s economic recovery weakens amid fresh Covid flareups

Bloomberg China’s economic recovery unexpectedly weakened in July as fresh Covid outbreaks across the country weighed on ...

Secret to enduring stagflation sends traders to emerging markets

Bloomberg For the first time in four decades, investors in the US and other rich economies are looking for a portfolio ...

Zambia can meet growing food demand

Moneyweb African countries face great challenges in adapting to climate change to meet growing demand for food. The ...

2 years ago | August 15, 2022

Late rains affect brick production at Willdale

Enacy Mapakame Listed brick maker – Willdale Limited’s sales volume for the nine months to June 30, 2022 decreased by 9 ...

NRZ in US$115mln funding boost

Business Writer Zimbabwe’s rail operator, the National Railway of Zimbabwe (NRZ), intends to invest US$115 million ...

ZIMREF gets US$52 mln funding to date

Business Writer The Zimbabwe Reconstruction Fund’s (ZIMREF) says it has since inception, in 2014, received over US$52 ...

No value lost due to suspension, says Old Mutual

Business Writer In March 2020, trading of shares of three companies – Old Mutual, PPC and Seed-Co Limited – ...

SA government, business agree new push for growth pact

Bloomberg South Africa’s government, labour unions and business representatives are tentatively moving toward ...

Oil rig is headed to drill in SA’s litigious waters

Bloomberg A rig hired by Eco Atlantic Oil & Gas Ltd. and partners is headed for waters off South Africa, where a ...

Apple expects to sustain iPhone sales

Bloomberg Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, ...

Clock ticking to save SA wool industry 

Fin24 Time is running out for government to get a Chinese ban on the import of wool from South Africa lifted before ...

2 years ago | August 12, 2022

Mixed sentiments as Treasury takes aim at public tenders

Tapiwanashe Mangwiro Zimbabwe’s Treasury, amid the battle to contain resurgent inflation and rapid depreciation of the ...

Treasury tightens purse amid funds abuse

Business Writer Some key Government ministries were starved of resources during the first half of the current fiscal ...

Interest rate hike to hit Nedbank’s loan book

Nelson Gahadza The increase in interest rates by the Reserve Bank of Zimbabwe (RBZ) will impact current facilities on ...

State entities continue to violate audit rules

Business Writer MOST parastatals and State enterprises continue to violate Constitutional provisions and legal ...

Seven laws for effective businesses

Arthur Marara Everything runs on principles. Success runs on principles. Effective organisation are effective because ...

Forex auction current, but backlog yet to be cleared

Oliver Kazunga Senior Business Reporter THE Reserve Bank of Zimbabwe (RBZ) is now current in payment of all foreign ...