Karo pledges to deliver for all stakeholders
Nelson Gahadza Karo Holdings is confident it will create a business that is sustainable and profitable for the benefit of all stakeholders at its Karo Platinum mine located on the Great Dyke in the...
View ArticleCZI tables exchange rate proposal
Business Reporter THE Confederation of Zimbabwe Industries (CZI) has proposed the use of an exchange rate of not more than 20 percent below the official rate to minimise exchange losses. Currently,...
View Article“Time to embrace Artificial Intelligence in businesses”
Business Reporter ZIMBABWEAN firms should consider the use of Artificial Intelligence (AI) to help improve efficiency in their business operations. This was said by Craft Properties (Pvt) Ltd Director,...
View ArticleGerman emissions low
Germany’s carbon dioxide emissions in 2023 were at their lowest point in around 70 years, as Europe’s largest economy managed to reduce its dependence on coal faster than expected, a study published...
View ArticleMultinationals flock to China in search of vast opportunities
BEIJING. — Multinational corporations are eager to increase their investments in the prosperous Chinese market as the new year begins. Despite a challenging global environment and lacklustre economic...
View ArticleOil drops on Saudi pricing cuts
Oil dropped after Saudi Arabia cut official selling prices for all regions, underscoring a worsening outlook and outweighing concern over Red Sea tensions and supply disruptions in Libya.
View ArticleTürkiye seeks ties with China
Türkiye is seeking to cooperate and learn from China’s expertise on electric vehicles (EVs) and battery technologies, a move that will broaden the economic cooperation between the two nations, experts...
View ArticleFormer PPC boss gets R23m
The former CEO of cement producer PPC, Roland van Wijnen, whose contract ended on December 31, received a “pay out” of R23,5 million just four days before departing the group. The amount was unrelated...
View ArticleGold production takes a knock, small miners still dominant
ZIMBABWE’S gold deliveries declined by 14,7 percent last year to 30,1 tonnes compared to a record high of 35,3 tonnes realised in 2022 official figures show but small scale miners still dominated...
View ArticleTourism among fastest-growing Zim sectors as arrivals surge 42pc
Zimbabwe’s tourism receipts bulked by 24 percent to US$272,26 million in the period to September 2023 from US$219,45 million achieved during the previous quarter of the same year, largely on the back...
View ArticleLocal firm signs dealership with fuel pumps giant
FUEL systems and solutions concern, Garage and Forecourt (Pvt) Ltd, continues to bring world-class solutions to the local market after signing a potentially industry-changing distribution partnership...
View ArticleEconet extends its rural network coverage
Econet Wireless Zimbabwe has extended its rural geographical network coverage by rolling out 10 new base stations in previously underserved and unconnected rural areas in districts across the country....
View ArticleKenya ‘visa-free’ tourists arrive
KENYA said on Friday it had welcomed the first batch of foreign tourists who arrived under a simplified entry system it hopes will encourage more visitors. The government’s immigration services...
View ArticleNigeria CB clears FX backlog
Nigeria’s central bank paid about US$2 billion of the amount it owed lenders to settle matured foreign-exchange contracts, Thisday newspaper reported. The central bank made the overdue payments over...
View ArticleSA manufacturer mood upbeat
Sentiment among South Africa’s manufacturers turned positive for the first time in eight months in December, propped up by more robust business activity and less intense rolling power cuts during the...
View ArticleGlobal food prices drop in 2023
WORLD food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN’s Food and Agriculture Organisation (FAO) said on Friday. Overall, world food commodity...
View ArticlePrivate security firms cash in on SA’s crime wave
JOHANNESBURG. — Thamsanqa Mothobi was going about his life in Johannesburg when he was carjacked and taken to an informal settlement where robbers accessed his mobile banking apps. “They had guns and...
View ArticleHow to start investing in the stock market
It is a well-documented fact that, from a long-term investing perspective, time in the markets and the ability to weather short-term market fluctuations are the cornerstones of generating investment...
View ArticleNigerian minister suspended
ABUJA. — Nigeria’s president has suspended a minister over the alleged diversion of more than 585 million naira (US$640,000) of public money into a personal bank account. Humanitarian Affairs and...
View ArticleChina’s economy on track for solid recovery
BEIJING.— China’s economy is on track for a solid year with strengthening recovery momentum, fuelled by reviving consumer spending, services activity and export growth, said global financial...
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