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New global accounting firm enters Zim market

Business Reporter Global accounting and advisory firm Forvis Mazars will launch its operations in Zimbabwe in the first week of next month, demonstrating confidence in the domestic market that another...

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Crypto owners seek lost passwords after rallies

Crypto holders are flocking to firms that offer services to help regain access to locked wallets in a rush to make sure they’re not left behind as the sector posts huge gains in 2024. A flood of crypto...

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Zimpapers posts 184pc quarterly volume jump

Nelson Gahadza Senior Business Reporter The country’s largest and only listed media group, Zimbabwe Newspapers (1980) Limited, says overall volume performance for the quarter to March 31, 2024,...

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‘Sub-Saharan Africa hotbed of illicit trade’

In the shadowy realm of wildlife trafficking, Sub-Saharan Africa emerges as a hotbed for illicit trade routes and clandestine operations fueling the multi-billion-dollar industry.

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Gold hits record high on Fed rate-cut hopes

Gold surged to an all-time high, boosted by increasing optimism the Federal Reserve will start easing monetary policy this year along with rising geopolitical tensions in the Middle East.

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China back to funding SGR linking Kenya, Uganda

Kenya has secured a commitment from China’s Exim Bank for the funding of the standard gauge railway line from Naivasha to the Uganda border.

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Platinum’s shortage to persist as fuel demand slows

The platinum market will remain in a deficit this year as a slowdown in the electric-vehicle boom supports demand for autocatalysts, according to the World Platinum Investment Council.

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Drought drives demand for Proplastics irrigation pipes

demand for irrigation pipes, including related fittings, borehole casing, and newly introduced tanks, is projected to improve driven by drought mitigation-related projects, says Proplastics.

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Bakers Inn to build second plant in Byo

Baker’s Inn, a division of Victoria Falls Stock Exchange-listed Innscor Africa, is set to put up a second plant at its Belmont factory in Bulawayo as part of its expansion plans.

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ZiG to bring stability, certainty — NMBZ

LISTED banking group NMBZ Holdings is upbeat the new monetary framework introduced by the Government will help stabilise the economy and bring certainty in the execution of the country’s monetary and...

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SA bank executives coined it during Covid

So much for solidarity and the rather fanciful notion that the Covid pandemic was something of a “leveller” and we were “all in it together”.  As the post-Covid company results trickle out, one thing...

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AFC may sell rand, other currency bonds

Africa Finance Corp, an infrastructure-focused development finance institution, is considering issuing bonds in currencies from the continent and is in talks to sell securities in South Africa’s rand....

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Crypto lifted by ether’s biggest jump since 2022

Crypto prices have surged on signs of momentum toward US approval of exchange-traded funds investing directly in second-largest token Ether, a shift from a more downbeat outlook as recently as last...

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African Sun sees new dawn in travel recovery

Business Reporter Hospitality group, African Sun Limited is pinning hopes of better performance on international travel recovery, with the first quarter to March 31, 2024 performance already showing...

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Zim horticultural output jumps 13pc

Business Reporter Zimbabwe’s annual horticultural crops are flourishing, with production increasing by 13 percent during the 2023/24 season compared to the previous season, according to the Second...

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ZimTrade seeks to capacitate tea growers in Honde Valley

Michael Tome Business Reporter ZimTrade is working with several farmers from the country’s eastern highlands to equip them with the relevant technical and export market knowledge to realise better...

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Ruto to meet Biden for talks on Kenyan debt relief

US President Joe Biden will host Kenyan President William Ruto this week for extensive discussions expected to cover debt relief for Kenya and the future of Haiti, Ukraine, Sudan, and other regions....

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Why TotalEnergies chose Angola over Nigeria

French oil major TotalEnergies has chosen Angola over Nigeria for a $6 billion energy project. The oil giant is moving forward with the development of the Kaminho oil project, located 100 kilometres...

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Requirements of Deed of Donation

Godknows Hofisi It is common for one person to donate assets to another. For example, an individual may donate an immovable property such as a house to a family trust for purposes of estate planning....

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National Foods investments begin bearing fruit

Enacy Mapakame Food processing giant, National Foods Holdings Limited is beginning to see the benefits of the massive capital it has injected into enhancing capacity utilisation at its factories across...

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