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Zim, Rwanda seek to strengthen economic ties

Business Reporter Zimbabwe and Rwanda’s economic ties continue to deepen through the annual trade and investment conference, which provides a window for the two countries to explore new opportunities...

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Govt puts small-scale mining operations under scrutiny

Tapiwanashe Mangwiro Senior Business Reporter THE Government has put small-scale mining operations under scrutiny to monitor, prevent and manage mining practices that are potentially detrimental to the...

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‘Vulnerable countries need debt relief now or never’

A recent report from the Boston University Global Development Policy Center has urged for an urgent global initiative in 2024 to assist vulnerable nations in preventing financial collapse and...

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Tanzania eyes US$1 billion carbon trade market

Tanzanian officials are in the process of maximizing its carbon trade market. The country is set to register carbon trade projects worth US$1 billion. (Sh2,4 trillion). This would come into effect once...

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Conducting commercial arbitration proceedings

Godknows Hofisi Arbitration is part of alternative dispute resolution (ADR) mechanisms. In this article, I look at what the Arbitration Act (Chapter 7:15) or “the Act” says on the conduct of arbitral...

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WestProp takes marketing road trip to USA to explore Zimbabwe’s Real Estate...

Herald Correspondent BUOYED by overseas inquiries and a loyal diaspora customer base, WestProp Holdings, the lifestyle property development company is embarking on an investment drive whose first leg...

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Kenya, Japan sign US$620m eco-energy, car assembly deals

Kenya has signed a number of agreements with Japanese firms, including the giant Japan’s Toyota Tsusho Corporation, that could unlock nearly Ksh99 billion (US$620,7 million) in investments in green...

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Nigeria hikes rate on short term bills inflows

The auction suggests the central bank is seeking to normalise interest rates in Africa’s most populous nation and lure foreign investors in a bid to stabilise the naira. Nigeria’s central bank hiked...

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Egypt increases tax threshold 33pc

Egyptian President Abdel Fattah al-Sisi directed the government to raise the tax threshold by 33 percent, from 45 000 pounds to 60 000 pounds, for all employees in the public and private sectors. In...

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‘AI will become key tool in Tanzania public sector’

To bolster Tanzania’s digital data pool and e-related services, the government is looking to integrate artificial intelligence into its e-government platforms. The country has been making a push to...

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Firm pumps US$10m into renewable energy

Business Reporter NEW Sahara Ventures has spent over US$10 million developing renewable energy projects across the country including the US$4,75 million Guruve Solar Park that is already feeding 5MW...

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Dairibord makes key appointments

Business Reporter Listed firm, Dairibord Holdings Limited has announced two new board appointments namely Mr Leonard Mutunga and Mrs Getrude Kumbirai Mashonganyika to strengthen its management and...

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Pfumvudza/Intwasa records huge growth in participation

Business Reporter A new survey has revealed significant growth in participation in the Pfumvudza/Intwasa programme, a climate-proofing farming practice aimed at enhancing yields in the wake of climate...

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New ETF gives maximum foreign exposure on the JSE

Unless you’re bullish on SA Inc, there’s little reason to buy the Top 40 these days, which makes Satrix’s JSE Global Equity ETF Index enticing Simply buying the index on the JSE via an exchange-traded...

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Maputo’s in US$80bn power plan

Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a green hydrogen industry. The government plans to add 14 000 megawatts of hydropower capacity, with the bulk of...

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Kenya secures major deals with Toyota

Kenya and Japan have entered an agreement that promises to be huge for Kenya’s automobile industry. Both countries have inked deals that could generate approximately Sh99 billion in green energy and...

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Karo forges ahead with project despite price fall

Nelson Gahadza Senior Business Reporter Karo Platinum Holdings is going ahead with the development of its platinum mine despite the falling global platinum group metals (PGM) prices, with US$100...

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Exxon Mobil to exit Equatorial Guinea

 Exxon Mobil Corp. intends to exit Equatorial Guinea in the coming months, concluding nearly three decades of oil drilling that led the small West African nation to become an OPEC member. According to...

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Varun expands into Zim’s confectionery market

Business Reporter ONE of Zimbabwe’s largest producers of non-alcoholic drinks and official Pepsi producer in the country is expanding its portfolio with a foray into the confectionery market. The...

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ZSE offers guidance to prospective issuers

Business Reporter The Zimbabwe Stock Exchange (ZSE) has unveiled its new Prospective Issuers Training Programme aimed at promoting new listings on the domestic bourse. ZSE chief executive Mr Justin...

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