Nestlé in eye of storm over baby-food
JOHANNESBURG. – Multinational food and beverage company Nestlé has been accused of violating health guidance by selling baby food with added sugar in low- and middle-income countries, including South...
View ArticleOil jumps 3pc, spot gold price reaches record high
Oil prices jumped more than 3 percent on Friday after Israel carried out a strike on Iran, triggering fears of an expanding war in the Middle East. Israel carried out a limited military strike against...
View ArticleNigeria justifies US$2bn fall in foreign exchange
The governor of the Central Bank of Nigeria Olayemi Cardoso has explained the depletion of the country’s foreign exchange reserves. The apex bank disclosed that contrary to what was initially...
View ArticleNew Nissan Navara proves its mettle in Africa’s tough terrain
Martin Kadzere Following the success of the NP300 pickup trucks, Nissan’s Navara is proving itself a worthy successor. Launched in 2021, the Navara has maintained high sales figures in Zimbabwe,...
View ArticleNo need to increase 2024 budget: Minister
Martin Kadzere Zimbabwe will not require a supplementary budget to cover grain imports occasioned by the El Nino-induced drought, but will instead reallocate resources and utilise additional income...
View ArticleForex dealers off the streets in Chinhoyi
Conrad Mupesa Mashonaland West Bureau ILLEGAL money changers in Mashonaland West’s capital Chinhoyi, have since gone into hiding following a string of raids and arrests in Harare and Bulawayo recently....
View ArticleProspect Lithium Zim celebrates milestones
Prospect Lithium Zimbabwe (PLZ) today celebrated its 2nd anniversary with a grand event highlighting the theme “Adapting and Thriving: Celebrating 2 Years of Growth and Resilience in the Lithium...
View ArticleNigeria eyes US$2bn bailout loan from the WB
Nigeria’s Minister of Finance Wale Edun, recently relayed that Nigeria is in the perfect position to attain a loan from the World Bank. During a press conference, he noted that Nigeria qualifies for a...
View ArticleDebt, pending bills batter Africa economies in 2024
Several African countries reeling under the weight of economic and political problems are banking on rescue interventions from the World Bank and the International Monetary Fund (IMF), which are now...
View ArticleKenya loses 42pc of Tanzania maize imports
Non-tariff barriers have pushed down Kenya’s maize imports from Tanzania to 63 percent of the total imports of the grain in 2022/2023 marketing year, from 97 percent in 2021/2022.
View ArticleZim enlists US to remind banks that sanctions eased
Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the southern African nation.
View Article‘ZITF a beacon of Zim’s innovations’
Zimbabwe continues to promote and integrate technological advancements in various facets of commerce and the Zimbabwe International Trade Fair (ZITF) stands out as a beacon of the country’s innovations...
View ArticleWestProp’s sets eyes on US$174m projects pipeline
Victoria Falls Stock Exchange (VFEX) listed property firm, WestProp Holdings Limited says it has a solid multi-billion-dollar projects pipeline that spans residential and commercial segments that are...
View ArticleDigital access to unlock Africa’s potential: Ruto
KenyaN President William Ruto has intensified calls to African government and business leaders to make the continent future-ready by incorporating technology.
View ArticleGold falls again after biggest daily slump
Gold extended losses after its biggest daily decline in almost two years, with easing tension in the Middle East and signs the Federal Reserve will keep rates higher for longer crimping demand.
View ArticleSA e-commerce landscape undergoing shifts
The global and South African economic landscapes are currently undergoing significant shifts, impacting investment strategies and the broader economic environment.
View ArticleIMF drops suggestions for Nigeria’s currency recovery
For close to a year, Nigeria’s economy has endured some of its most severe setbacks in history. This is the outcome of a couple of economic policies implemented by the country’s new administration,...
View ArticleZembe takes over as substantive CBZ chair
CBZ Holdings has appointed Mr Luxon Zembe as chairman effective April 19, 2024, a position he has occupied in an acting capacity since December 1, 2023.
View Article‘Digital economy key to transforming livelihoods’
DEVELOPING a vibrant digital economy is at the heart of the Government’s transformation agenda as Zimbabwe leverages modern technology to positively impact people’s livelihoods in line with Vision 2030.
View ArticleInvictus signs another gas power supply deal
Invictus Energy Limited has concluded a Memorandum of Understanding (MoU) with Dallaglio Investments and Himoinsa Southern Africa for a proposed gas-to-power project to supply electricity to the Eureka...
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