ADC launches channel to expand data centres’ reach
Business Reporter Africa Data Centres (ADC), a leading data centre provider in Africa, has launched a channel partner programme to establish partnerships with various technology companies to expand...
View ArticleMilk production rises 21 percent
Business Reporter Zimbabwe’s milk production rose 21 percent to 27,3 million litres during the first quarter of 2024 from 22,61 million litres in the same period last year, latest data shows. It comes...
View ArticleCBD office space uptake remains depressed: Knight Frank
Enacy Mapakame The central business districts (CBD) office space in major urban centres remained depressed during the second half of financial year 2023, with voids expected to worsen, according to...
View ArticleVoluntary liquidation of solvent companies
Godknows Hofisi Introduction Liquidation, which is the winding up of a business, can be voluntary or involuntary. It is done in terms of the Insolvency Act (Chapter 6:07), “the Insolvency Act” or “the...
View ArticleMine workers decry poor working conditions as they celebrate May Day
Business Reporter As the world commemorate International Workers’ Day, a call to action has been made to prioritise the welfare and safety of mine workers amid growing concerns about the deplorable...
View ArticleBiosecurity, health management important in livestock farming
Farmer’s Diary with Sheuneni Kurasha Due to the increasing volume of feedback and inquiries from our readers regarding practical considerations when venturing into small livestock farming, this week’s...
View ArticleMarch trade deficit more than doubles on February figures: ZimStat
Zimbabwe’s trade deficit more than doubled to US$184,3 million in March this year from US$84,6 the previous month, despite a decrease in imports and exports, the Zimbabwe National Statistical Agency...
View ArticleEmbrace ZiG to survive AfCFTA competition
Michael Tome Business Reporter Zimbabweans should embrace the newly introduced local currency, the Zimbabwe Gold (ZiG) to ensure the country does not become a supermarket of the region. This comes as...
View ArticleTough questions for the World Bank from Uganda
The leaders of numerous African states convened in Nairobi, the capital city of Kenya, to talk about financing for the International Development Association of the World Bank. Discussions on key areas...
View ArticleSA’s FDI story better than you may think
Last week BHP made a bid for Anglo American minus the South African assets, confirming the widely held perception that SA mining is uninvestible due to bureaucratic ineptitude in the issuing of mining...
View ArticleBitcoin slump triggers warning of ‘trouble’
Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets. The cryptocurrency...
View ArticleGoSolr wants to solve SA’s electricity crisis
GoSolr, a company supported by South African mogul Patrice Motsepe and the largest bank on the continent, intends to invest 10 billion rand (US$537 million) in implementing a programme to lease solar...
View ArticleUK-listed Kavango sees glitter in Zim gold project
Michael Tome Business Reporter LONDON-listed metals exploration company Kavango Resources PLC says it is making strides at its Hillside gold project in Matabeleland South Province, after two shallow...
View ArticleRTG projects better earnings in FY2024
Enacy Mapakame Zimbabwe Stock Exchange (ZSE)-listed hospitality group, Rainbow Tourism Group (RTG) projects a stellar earnings performance for the year to September 2024 and going forward, as it...
View ArticleAfrica Sun’s revenue rises 30pc
Nelson Gahadza-Business Reporter Hotelier, Africa Sun says revenue for the year to December 31, 2023, grew by 30 percent to US$54,73 million from US$42,14 million in 2022, largely driven by firmer...
View ArticleSA factory mood surges to near two-year high
A gauge measuring South African manufacturing sentiment rebounded to a near two-year high in April, boosted by a full month without power cuts for the first time since January 2022 and improved...
View ArticleKenya monopoly of Uganda oil imports to end
Uganda will start importing fuel directly from next month in a deal with Vitol Bahrain which the country hopes will supply cheap petroleum products. Energy and Mineral Resources Minister, Ruth...
View ArticleEthiopian Airlines sees 30pc passenger surge in 2024
Ethiopian Airlines expects to carry 30 percent more passengers in the year ended June from the year before, its chief executive told Reuters on Wednesday, buoyed by new routes and a rebound in global...
View ArticleMicroplan launches digital loan application platform
Business reporter FBC Holdings Limited subsidiary, Microplan has launched a new mobile application that enables clients to digitally apply for a new loan or top-up existing loans without visiting a...
View ArticleDigitalisation: A revolution in financial services industry
Africa is poised to enter into a new era and one thing is sure; the current wave of digitalisation will be the biggest catalyst of an inclusive economic growth. The African Development Bank’s (AfDB)...
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