Business News

2 years ago | January 6, 2022

Tanganda invests factory mordenisation

Tanganda Tea Company has invested US$6 million into its beverages division factory in Mutare as part of efforts to ...

2 years ago | January 5, 2022

Caledonia hunts for more opportunities in Zim

Resource extraction firm, Caledonia Mining Corporation Plc which was recently listed on the Victoria Falls Stock ...

ZB appoints new group finance director

FINANCIAL services provider, ZB Financial Holdings, has appointed Emmah Mungoni as the new Group Finance Director ...

SAA not merging with Kenya Airways

South African Airways (SAA) and its East African counter part Kenya Airways are not going to merge, SAA spokesperson ...

Padenda banks on Zim operations

Padenga Holdings Limited says it is confident of meeting its skin harvest and quality deliverables from Zimbabwe ...

Mnangagwa takes Covid-19 booster jab

President Mnangagwa has taken a third Covid-19 vaccine booster shot in keeping with medical recommendation, ...

2 years ago | January 4, 2022

Morgan & Co ETF starts trading today

Business Reporter The Morgan & Co Multi-Sector Exchange Traded Fund (ETF) will start trading this morning following ...

AfreximBank raises US$1,2bn syndicated loan facility

Business Reporter THE AfreximBank has concluded a new three-year US$1,2 billion syndicated term loan facility whose ...

SECZ boss, Chinamo speaks on ending tenure

Oliver Kazunga SECURITIES and Exchange Commission of Zimbabwe (SECZ) chief executive officer, Mr Tafadzwa Chinamo, says ...

Singapore growth rebounds to fastest in more than a decade

Singapore’s recovery accelerated in the final three months of 2021, with easing virus restrictions and strong ...

Base metals shine in wild 2021 as gold falters, iron ore sinks

Metals are heading for more drama after a tumultuous 2021 dominated by supply squeezes, China’s property-led economic ...

Markets begin 2022 on a high note

Stock markets rose Monday in the first trading day of 2022 following stellar performances last year, as investors keep ...

Investors pumped in billions into stock market

Business Writer Investors pumped in more than $65 billion into the Zimbabwe Stock Exchange in 2021, 282 percent more ...

Big tech adds US$2.5trn in value on robust 2021 gains

Big tech powered U.S. stocks to a third straight winning year in 2021, as giants like Apple Inc. and Microsoft Corp. ...

2 years ago | December 31, 2021

Inflation, elections threat to economy

Analysts and industrialists have identified inflation, exchange rate volatility, drought, Covid-19, and the upcoming ...

Zim makes inroads towards US$12bn mining industry

The Government of Zimbabwe and private sector players in the mining industry are resolute in their commitments towards ...

ZSE counters pin hope on Govt

The Zimbabwe Stock Exchange (ZSE) listed companies expect the Government to sustain the current general economic ...

Bulawayo industry ends 2021 on high note

EFFORTS to revive Bulawayo industries gained momentum in 2021 resulting in improved capacity utilisation for several ...

RBZ blames black market for inflation rate hike

THE Reserve Bank of Zimbabwe (RBZ) has blamed widening exchange rate premiums on the parallel market for stocking ...

Premiums offset pressure on life assurance

Zimbabwe’s life assurance industry gross premium written (GPW) for the nine months to September 30, 2021 grew 485 ...