Books details Coca-Cola’s journey in Africa
A new book called “Bottled: How Coca-Cola Became African”, tells the story of how the world’s most famous carbonated drink conquered the continent. It’s a tale of marketing gumption and high politics...
View ArticleRevaluation gains anchor the pension industry asset base
Business Reporter Revaluation gains on investment property continue to anchor the pensions industry asset base, which stood at $10,62 trillion as of September 30, 2023, compared to a value of $903,83...
View ArticleWorld Bank revises Zim economic growth up to 3,5pc
Tapiwanashe Mangwiro Senior Business Reporter The World Bank has revised upwards Zimbabwe’s economic growth projections both for 2023 and 2024 in its latest Global Economic Prospects report released...
View ArticleIDBZ expands mandate beyond infrastructure
Business Reporter The Infrastructure Development Bank of Zimbabwe has been renamed Infrastructure and Development Bank of Zimbabwe to reflect its expanded mandate beyond just infrastructure...
View ArticleBottled water contains more plastic particles: Study
A typical one-litre bottle of water contains some 240 000 plastic fragments on average, according to a new study. Many of those fragments have historically gone undetected, the researchers determined,...
View ArticleMusk wants control of Tesla
California. — Elon Musk has said he wants a bigger stake in Tesla, reviving debate over the size of the billionaire’s pay package. Mr Musk sold a large chunk of his shares in the electric car company...
View ArticleIMF’s Georgieva sees global growth
The global economy is set to receive a boost in 2024 from a slightly stronger-than-anticipated performance last year, according to the head of the International Monetary Fund. While managing director...
View ArticleEconet commits to network modernisation initiatives
Business Reporter Econet Wireless Zimbabwe says it remains committed to completing current network modernisation initiatives, which will transform network performance, expand coverage, and increase...
View ArticleYambukai to grow footprint to all provinces
Michael Tome Business Reporter MICROFINANCE entity Yambukai Finance says it intends to grow its network to all the 10 provinces of the country as it moves to grow its footprint in the local market. The...
View ArticleMixed bag for real estate in 2024
Enacy Mapakame The real estate sector is expected to see a mixed bag of opportunities and challenges during the financial year 2024, according to analysts’ projections. According to analysts, one...
View ArticlePeople disqualified from insolvency practice
Godknows Hofisi Introduction 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...
View ArticleZim braces for a $4,2 trillion debt repayment
Business Reporter Zimbabwe braces for a total debt service of $4,2 trillion this year mainly for maturing Treasury Bills and bonds, according to Treasury’s latest Public Debt Report. The bulk of the...
View ArticleEcoCash to continue infrastructure investments
Business Reporter Zimbabwe Stock Exchange listed firm EcoCash Holdings says it will continue investing in its operations as it remains dedicated to bringing innovation to the country. In its third...
View ArticleEmerging market assets drop
Emerging markets assets fell on Tuesday, adding to the worst start to a year since 2016, amid doubts about whether the Federal Reserve will cut interest rates as deeply as markets have been expecting....
View ArticleAfCFTA to expand free-trade pilot to 31 nations
More than half of African nations will use the rules of a continental free-trade pact this year as the region moves closer to fully integrating into a single market. Of the 47 countries that have...
View ArticleOver 80pc of the targeted 3,1m hectares planted
Business Reporter A TOTAL of 2,5 million hectares have so far been planted against a target of 3,1 million ha in the 2023/2024 summer cropping season, official figures show. According to a weekly...
View ArticleVodafone signs US$1,5bn Microsoft deal
Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African...
View ArticleChina reports 5,2pc GDP growth for 2023
China’s gross domestic product expanded by 5.2 percent in 2023 – meeting the country’s preset annual growth target of around 5 percent, fueled by a slew of policy measures taking effect gradually last...
View ArticleBob Iger makes $31,6m as Disney’s CEO
Disney CEO Bob Iger raked in US$31,6 million in compensation last year — a multi-million-dollar boost from his income the year before. Iger’s 2023 pay package included a base salary of US$865,385,...
View ArticleZambia plans new railway
Zambia plans to build a new rail connection to link a Lake Tanganyika harbour to an existing line that runs to neighbouring Tanzania, boosting trade with three other nations that share borders with the...
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