Gold holds above US$2100 amid hopes of US rates easing
Gold purchases from central banks led to last year’s surge, with purchases exceeding 1 000 tonnes for two consecutive years Gold prices held above the US$2 100 level yesterday, near a record peak hit...
View ArticleKenya’s rich feel plight of low-income earners
In December, Kenya's economy, specifically in Nairobi, experienced an aberration in which inflation disproportionately affected those with the most wealth rather than the poor. High-income earners were...
View ArticlePrivate debt booming as stock exchange delistings multiply
SA investors are starting to appreciate the benefits of alternative investments such as private debt as a safe harbour against market uncertainty
View ArticleAfrica to miss out on AI revolution benefits
African economies risk being left behind in the artificial intelligence (AI) shift that is changing the way companies do business, with the continent’s low capacity for virtual storage and increasingly...
View ArticleEgypt prepares to receive US$8bn loan from IMF
Egypt’s decision to increase its interest rates, which allowed its currency to depreciate by more than 35 percent has paid dividends.
View ArticleMinister Ncube headlines FDI roadshows in China
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is expected to headline the Zimbabwe Capital Markets Conference in China next week aimed at attracting foreign...
View ArticleGold deliveries to Fidelity Refinery decline 22pc
ZIMBABWE’s gold deliveries declined by 22 percent in February to 1,85 tonnes compared to the 2,38 tonnes realised in January, weighed down by significantly reduced output from small-scale producers.
View ArticleGovt leads calls to uplift women entrepreneurs
THE Government has called for enhanced capacitation of budding women entrepreneurs as part of efforts to improve the quality of products they produce in order to benefit from the vast export...
View ArticleOld Mutual expands funeral service footprint to Masvingo
Nelson Gahadza Business Reporter Diversified financial services group Old Mutual Zimbabwe has expanded its funeral service footprint to Masvingo as part of the group’s response to market demand. In...
View ArticleUnlocking Zim’s expansive infrastructure potential through REITs
Mike Juru Like many developing nations, Zimbabwe faces significant challenges in funding and managing infrastructure projects. With limited resources and a need for substantial infrastructure...
View ArticleBusinesses urged to exploit links with US investors
Michael Tome Business Reporter LOCAL businesses have been urged to take full advantage of the ongoing Zimbabwe – US Business Forum to build mutually beneficial trade and investment relationships....
View ArticleUS-based Zim youths seek local collaboration
Enacy Mapakame US-based Zimbabwean youths have launched a non-profit organisation known as Annot Inc, dedicated to fostering collaboration between young people and entrepreneurs in the United States...
View ArticleFears over Pick n Pay ripple through JSE Reits after Hyprop warning
It took just 13 words about Pick n Pay at the end of Hyprop’s trading statement for the first six months of the year and the wholly unexpected move by the retail-focused real estate investment trust...
View ArticleGovt in bid to increase tobacco processing and value addition
Elita Chikwati Features Editor Government is working on increasing processing and value addition of tobacco from 2 percent to more than 30 percent to increase earnings from the golden leaf. The country...
View ArticleScorching El Niño withering maize crop
Zimbabwe warned that farmland planted with maize has shrunk by 12 percent because of scorching El Niño weather patterns, threatening the nation’s food staple. “Panic purchases and grain hoarding by...
View ArticleKariba power output restricted to 214MW
Oliver Kazunga Senior Business Reporter THE Zambezi River Authority (ZRA) has set the average electricity generation for Kariba Power Station at 214 megawatts (MW), until the end of the quarter to...
View ArticleWhy and how the SAA, Takatso deal fell apart
Public Enterprises Minister Pravin Gordhan announced on Wednesday afternoon that the sale of a 51 percent stake in South African Airways (SAA) to the Takatso Consortium has been cancelled. This comes...
View ArticleLessons learnt over pension payout spat: OM
Insurer Old Mutual claims it was always going to pay out the pension of a particular client whose daughter took to social media to complain about the company’s inaction. Old Mutual public affairs...
View ArticleSA set to licence 60 crypto platforms
South Africa will license about 60 cryptocurrency platforms by the end of the month, putting it among the first nations on the continent to require digital-asset exchanges to have permits to operate....
View ArticleProplastics lobbies against VAT on pipes
Martin Kadzere Proplastics is lobbying for the scrapping of the 15 percent value-added tax on polyvinyl chloride and high-density polyethylene pipes to level the playing field for local producers...
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