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Pick n Pay to help lighten ‘back to school load’ in SA

JOHANNESBURG.  —  One of South Africa’s biggest retailers, Pick n Pay has said it is stepping forward to support families, recognising many parents’ financial strains, particularly after a tough year...

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Nickel exports surge 103 percent

Business Reporter NICKEL ores and concentrates monthly exports from Zimbabwe grew by 103 percent in November 2023 to US$67,1 million from US$33,1 million as the global demand for the mineral continues...

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Govt pushes for positive ROI from SOEs

Business Reporter The Government says it is committed to ensuring maximum returns on investment from State-owned enterprises (SOEs) by enhancing their performance as the administration strives to...

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Prospects bright at Zulu lithium mine

Tapiwanashe Mangwiro Senior Business Reporter Premier African Minerals Limited is making significant strides in its Zulu Lithium and Tantalum Project , as evidenced by promising assay results from...

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First-of-its-kind planners meeting underway

Blessings Chidakwa Herald Reporter A first-of-its-kind interaction between the country’s planners drawn from all the 92 local authorities, district, provincial and national level is currently underway...

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New equipment rekindles BNC’s performance

BINDURA Nickel Corporation (BNC) says replacement of the Sub Vertical Rock (SVR) winder bull gear will shore up the miner’s performance going into 2024.

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People disqualified from insolvency practice

I refer to my previous articles on corporate rescue in Zimbabwe. As explained in those articles corporate rescue in Zimbabwe is known by other terms such as “business rescue” or in the past as...

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With Africa’s carbon sinks up for grabs, offset debate heats up

As African countries line up to cash in on the global carbon offset market, concern is growing that the multimillion-dollar deals to keep their forests intact could threaten the land rights and way of...

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China slashes tariffs on Rooibos imports

The South African government has welcomed the decision by China to substantially reduce tariff rates on imports of South African Rooibos tea, the Department of Trade and Industry said in a statement.

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‘ICT to drive economic growth under NDS1’

Analysts are increasingly optimistic about the potential of Information and Communication Technology (ICT) to drive economic growth and development, with many believing that it will be a key driver of...

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Tobacco sector upbeat for a promising season

Zimbabwe’s tobacco industry is poised for another potentially positive season, following a historic crop yield in 2023, the Tobacco Industry and Marketing Board (TIMB) said.

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Prospect Lithium Zim charms Govt

THE Government is excited by the socio-economic transformation that Prospect Lithium Zimbabwe has brought in Goromonzi District, Mashonaland East Province since the development of the company’s project...

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EcoCash lauded for bringing convenience in back-to-school season  

Herald Correspondent EcoCash, the country’s leading mobile financial technology platform, is getting praise from users across the country for bringing convenience to the often hectic, back-to-school...

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Gumede’s Vision takes ownership

Businessman Robert Gumede’s Vision consortium’s plan to save ailing sugar group Tongaat has been approved by creditors, ending the drawn-out business rescue process which has been described as...

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Global leaders head to Davos

Davos will welcome global leaders for the World Economic Forum 2024 next week with the event focused on rebuilding trust.  Discussions will span global security, job creation, climate initiatives, and...

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Raid on billionaire Dangote’s office spooks Nigerian businesses

ABUJA> – Last week’s raid by the anti-graft commission on the offices of Aliko Dangote, Africa’s richest person whose empire dominates the Nigerian corporate world, has sent panic through the...

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Gold mining in Africa: challenges, opportunities and trading dynamics

Gold mining in Africa, with its storied past and vibrant present, stands as a beacon of economic potential and a wellspring of market dynamics. This land, etched with veins of gold running deep through...

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Zim’s property sector exhibits growth in 2023

Business Reporter Zimbabwe’s property sector exhibited growth in 2023, underpinned by the sustained surge in the residential property subsector, a research company has said. Equities research firm...

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AFC seeks to raise US$10m

Business Reporter AFC Holdings, a State-owned financial services institution intends to raise US$10 million (ZWL$ equivalent) through agro-bills to finance the 2023/2024 summer cropping season. The...

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Nampak focuses on cost containment

Enacy Mapakame Listed packaging products maker Nampak Holdings Limited says the company will continue its focus on cost control and margin preservation in order to offset the challenges obtaining in...

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