Meta’s Sheryl Sandberg to leave board
Meta Platforms director and former chief operating officer Sheryl Sandberg said she will step down from the board this year, exiting her last official role at the social media company she helped grow...
View ArticleDiaspora Kapita to invest in Jamboo
Diaspora Kapita is set to invest US$600 000 into Jamboo, a digital solution that provides banking and investment services to the African diaspora in the UK and Europe, in a move that will bring a...
View ArticleAI buzzes Davos, but CEOs wrestle with how to make it pay
Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum (WEF) say they are grappling with how to turn early demos into...
View ArticleGold price up on safe-haven buying
Gold prices are higher and silver slightly up in early US trading yesterday. Safe-haven demand is featured in the yellow metal as risk aversion has up-ticked late this week following more military...
View ArticleTourism eyes boom in 2024
Business Reporter Local tourism players expect to reap rewards in 2024 as they have continued to invest in their properties post dire straits of the Covid-19 pandemic. The expectations come as tourism...
View ArticleZMX to introduce cross-border trading
Business Reporter THE Zimbabwe Mercantile Exchange (ZMX) would this year introduce a host of initiatives including cross-border trading of commodities to enable participants access to a broader range...
View ArticleBanking sector’s credit risk remains low: RBZ
The Reserve Bank of Zimbabwe (RBZ) says credit risk in the banking sector remains low due to sound credit risk management systems and strong internal controls by banking institutions. In its banking...
View ArticleGovt probes historical mining methods
Martin Kadzere THE Government has initiated a probe to determine the historical mining methods employed at old mines, spurred by the recent collapse of shafts being exploited by artisanal and illegal...
View ArticleDavos sees global economy into strange new dynamic
The world is finding an uneasy equilibrium with a more benign economic backdrop overshadowed by a panoply of geopolitical risks, according to the final Davos panel of 2024. The prospects of subsiding...
View ArticleChristmas promotion pays off for Gain Cash and Carry
Malvern Nkomo Sales at Gain Cash and Carry improved during the festive season last year, credited to the wholesaler’s inaugural Zvirimubhokisi/Okusebhokisini Promotion. The wholesaler, which currently...
View ArticleGovt urged to prioritise SMEs protection, support
Business Reporter Analysts have urged policymakers and stakeholders to prioritise the protection and support of SMEs to ensure sustained economic development and stability as it is the backbone of the...
View ArticlePPC restructures executive committee to drive SA growth amid headwinds
Business Reporter JSE-listed cement manufacturer PPC has reorganised its executive committee, instituting appointments to new roles such as chief revenue officer and chief operating officer as the...
View ArticleRed Sea unrest is bad news for world’s fragile food supply
Chaos in the Red Sea is starting to disrupt shipments of produce from coffee to fruit — and threatening to halt a slowdown in food inflation that brought some relief to strained consumers. Vessels...
View ArticlePuma Energy decarbonisation drive gets boost
Tapiwanashe Mangwiro Senior Business Reporter Global energy business Puma Energy last week announced it had acquired a 49 percent stake in MBHE Group, a company that provides renewable energy solutions...
View ArticleA pessimist’s guide to global economic risks
It’s the year of the soft landing—and of interest-rate cuts that will support growth and markets around the world. So runs the upbeat conventional wisdom about the global economy in 2024. What could...
View ArticleLogistics crisis: Neighbours eat SA’s lunch
Exporters in South Africa and other countries in the region are increasingly avoiding South Africa’s dismal rail and harbour logistics in favour of alternative routes to ensure their products reach...
View ArticleCoal exports, power generation hit new highs
Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion metric tons for the first time as coal’s use in power systems continues to grow...
View ArticlePresidential inputs scheme froths 2023 milk production
Tapiwanashe Mangwiro Senior Business Reporter The dairy industry has witnessed a substantial boost in milk production, marking the third consecutive year of growth as official statistics reveal that...
View ArticlePensions industry foreign currency assets in 42pc jump
Enacy Mapakame Total foreign currency assets for the pensions industry jumped 42 percent to US$326 million during the nine months to September 30, 2023, compared to US$228 million recorded in the same...
View ArticleFirst batch of Cyber City villas on sale
Business Reporter Zimbabwe Cyber City’s luxury villas are now on sale, with prices ranging from US$520 000 to US$1,1 million, as shown in a flyer distributed by Pam Golding Properties. Work began on...
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