Business News
6 months ago | October 31, 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 ...
6 months ago | October 27, 2023
De-industrialisation trend worrying: CZI
Oliver Kazunga THE Confederation of Zimbabwe Industries (CZI) says the de-industrialisation trend the country has ...
HCCL administrator in controversial deals
Martin Kadzere Hwange Colliery Company Ltd (HCCL) administrator, Munashe Shava, has been accused of entering into ...
Industry and Commerce anti-corruption strategies
Note from ZNCC Corruption is prevalent in both the public and private sectors of the economy. The fight against ...
US economic embargo weighing on local banks
Golden Sibanda Zimbabwe says the economic embargo imposed on the country at the turn of the millennium, has ...
Is termination on notice permissible under the new Labour Act?
Arthur Marara Termination on notice refers to the process of ending an employment or contractual relationship between an ...
IMF calls for acceleration of reforms
Business Reporter The International Monetary Fund (IMF) says Zimbabwe should accelerate foreign exchange market reform ...
Secrets behind financial accountability, transparency
Rtd Major Silibaziso Zhou You may be a business owner, investor or simply someone interested in the world of finance, ...
BAT Zim registers US$16m with RBZ
Nelson Gahadza BAT Zimbabwe, a listed cigarette manufacturer, says that as of June 2023, it registered US$15,7 million ...
Zim’s trade deficit narrows
Nelson Gahadza Zimbabwe’s trade deficit for the nine months to September 2023 narrowed to US$94,2 million, representing ...
Zimpapers Cancer Power Walk: Countdown begins
Tamuka Mukiwa Zimpapers Cancer Power Walk 8th edition is here. The event will kick off concurrently in Harare, Bulawayo, ...
Inflation starting to creep up
Business Writer Prices of goods and services crept up for the second consecutive month with the month-on-month inflation ...
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