Dairy investments drive raw milk production
Business Reporter Zimbabwe’s milk output rose by 17 percent to 9,52 million litres in January 2024 from 8,14 million litres in the comparative period last year as investments made by the sector...
View ArticleEuro Bank sees green opportunities in Africa
The European Investment Bank is seeking climate-related investments in Africa, the bank’s Vice-President Thomas Ostros said. “It is very important to focus on viable long-term investments that have a...
View ArticleWilldale converts land banks to raise capital
Enacy Mapakame Listed brick making firm, Willdale Limited is converting its land banks into residential developments as part of a capital raise for acquisition of machinery to enhance production at its...
View ArticleSA’s energy challenge: A R390bn grid upgrade
South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390 billion expansion of the national...
View ArticlePensions compensation for inflation value loss hits snag
Business Reporter Pensioners who anticipated compensation for pre-2009 inflation-eroded retirement savings will need to wait a while longer after the Insurance and Pensions Commission rejected...
View ArticleGovt set to get share of oil, gas depositsv
Enacy Mapakame THE Government is set to benefit from proceeds of oil and gas deposits discovered by Australian Stock Exchange (ASX) listed Invictus Energy at its Mukuyu fields in northern Zimbabwe....
View ArticleKenyan economy keeps recording significant wins
The Kenyan economy is set to experience some relief as fuel prices drop for the first time since August. This turn of events also marks the largest month-on-month drop in Kenya, falling by up to Ksh7...
View ArticleRestructuring focuses Simbisa on key areas
Business Reporter Research and stockbroking firm IH Securities says Simbisa Brand’s strategic restructuring has allowed the group to focus resources on growing and maximising shareholder returns from...
View ArticleZim, Rwanda seek to bolster economic ties
Business Correspondent The Rwanda-Zimbabwe Business Forum, which opens today in Kigali, provides an ideal platform to boost bilateral economic relations between the two countries, as Harare seeks to...
View ArticleInternet paralysed after damages to sea cables
A network breakdown rippled across the sub-continent of West Africa last week. This was the result of damages to the MainOne and ACE sea cable – arteries for telecommunications data. The damages...
View Article‘SOEs to thrive under Mutapa’
Fidelis Munyoro Chief Reporter State-owned Enterprises and parastatals put under the direct control of Mutapa Investment Fund are set to bounce back to profitability, or maintain profitability and...
View ArticleGlobal lithium market shows signs of life
After a spectacular bust, battery-metal lithium is showing tentative signs of life on speculation the retracement that convulsed the market last year has forced the conditions for a recovery. The spot...
View ArticleNigeria set for big rate hike as inflation hits high
Nigerian inflation surged to a 28-high in February after the authorities allowed the naira to weaken again, raising the specter of a 10th straight interest-rate hike at the end of this month. Consumer...
View ArticleRamaphosa extends Kganyago’s Sarb term
President Cyril Ramaphosa has extended the term of South African Reserve Bank (Sarb) governor Lesetja Kganyago for another five years from November and appointed Mampho Modise as a new deputy governor...
View ArticleMassive Africa internet outage could take weeks, months to fix
Disruption to internet services for millions of users in Africa could take weeks or even months to fix, following damage to undersea cables off the continent’s west coast. Eight West African countries...
View ArticleSurge in mergers, acquisitions forecast
Business Reporter Zimbabwe could see a rise in mergers and acquisitions (M&A) activity this year, driven by increased foreign investor interest exploring opportunities under the African Continental...
View ArticleSecurities laws revamped to lure investment
Enacy Mapakame Zimbabwe is in the process of tweaking its Securities and Exchange Commission (SECZ) laws to align them with international best practice. This initiative is part of efforts to attract...
View ArticleZim, Rwanda explore new areas of cooperation
Own Correspondent The 3rd Rwanda-Zimbabwe Business Forum, which opened yesterday in Kigali, marks another significant milestone under the economic diplomacy as the Second Republic gears up efforts to...
View ArticleTSL navigates challenges as logistics shines
TSL Limited, a leading logistics and agricultural company, reported a 2 percent year-on-year increase in revenue for the quarter ending January 31, 2024. This growth was primarily driven by volume...
View ArticleSA optimistic tax breaks will kick-start EV industry
South Africa expects efforts to boost its electric vehicle manufacturing to yield swift results, as manufacturers start to take advantage of tax incentives from early 2026.
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