Kenya to see large decline in fuel price
Kenyans should expect some economic relief in the form of lower fuel costs. The East African country will experience its largest margin drop in fuel prices since 2021, with a drop of up to Ksh5 per...
View ArticleDrone technology deficit spawns opportunities in agric
Enacy Mapakame Business Reporter The Government says there are vast opportunities in smart farming technology like drones, which the private sector can tap into to maximise yields. Smart farming is an...
View ArticleOK half-year revenue in 60pc jump
Malvern Nkomo Business Reporter OK Zimbabwe’s revenue for the half-year period ended September 30, 2023, jumped by 60,38 percent to $727,9 billion in inflation-adjusted terms from $453,8 billion in the...
View ArticleProspects look bright as Ghana’s inflation slows
Since the year began, the West African country of Ghana has hopped from one economic complication to the other. The country for more than half of the year grappled with some economic shortcomings,...
View ArticleApple almost eclipsing France’s stock market
The rally in Apple, the world’s most valuable publicly traded company, is showing no signs of easing. After closing at a record high on Wednesday, the iPhone maker’s market value is approaching that of...
View ArticleRussia seeks to unite Brics on climate initiatives after COP28
As the COP28 talks wrapped up in Dubai, one of the world’s energy heavyweights said it wants to rally a united front among a group of non-Western economies when confronting global climate issues....
View ArticleMinister Ncube heeds calls to review tax measures
Business Reporter FINANCE, Economic Development and Invest Promotion Minister, Professor Mthuli Ncube has reviewed some of the tax measures he proposed when he presented the 2024 National Budget last...
View ArticleMigration part of the solution to greater economic prosperity – IOM
Thupeyo Muleya-Beitbridge Bureau The International Organisation of Migration (IOM) has called on world governments to focus on unlocking the power of migration. In a statement on Monday to mark...
View ArticleTongaat Hulett in danger of being liquidated
Tongaat Hulett appears to be inching its way towards liquidation as the (currently suspended) JSE-listed sugar producer and property developer’s business rescue process increasingly becomes bogged down...
View ArticleFalling currencies slow East Africa economies
East African economies face a decline in the value of goods and services produced in 12 months to December 31, 2023, a new report said, citing a challenging macroeconomic environment characterised by...
View ArticleWB approves US$750m for clean energy projects
The World Bank has approved a credit of US$750 million for clean energy projects in Nigeria to boost electricity access in Africa’s most populous nation. The bank revealed this on Friday, stressing...
View ArticleZSE welcomes second REIT listing, Revitus
Nelson Gahadza Senior Business Reporter The Revitus Property Opportunities Real Investments Trust (Revitus REIT) has become the second REIT to be listed on the Zimbabwe Stock Exchange (ZSE) following...
View ArticleSA’s fuel prices expected to ease into 2024
Fuel prices are anticipated to continue to ease into the new year thanks to lower oil prices and a stronger local currency that has been observed recently. This comes as motorists have had to stomach...
View Article‘Capital market players must help policy setting’
Malvern Nkomo Business Reporter Capital Markets players must engage the Government during policy formulation to ensure policies that attract long-term capital for infrastructure development projects...
View ArticleTourism business to surge during holiday
Columbus Mabika Herald Reporter Tourism is expected to experience a surge in business as demand for accommodation and visitor activities rises during the upcoming holiday, a tourism outlook report for...
View ArticleTrucks pile up on Zim side as SA runs out of parking space
Thupeyo Muleya Beitbridge Bureau Commercial cargo destined for regional and international markets is piling up on the Zimbabwean side at Beitbridge Border Post after the South African side ran out of...
View ArticleEconet clinches top ESG and best investor communicator honours at Capital...
Herald Correspondent Econet Wireless Zimbabwe, the country’s leading telecommunications and technology company, has cemented its position as a champion for environmental responsibility as well as an...
View ArticleGeo Pomona gets licence to produce electricity
Blessings Chidakwa Herald Reporter LEADING waste management firm, Geo Pomona Waste Management, has been granted a license to produce electricity after it successfully met all the requirements. In a...
View ArticleMTN in talks with Starlink to increase network coverage
MTN is in discussions with satellite providers such as Elon Musk’s Starlink as part of a plan to increase its network coverage to 95 percent of the population, in the countries in which it operates....
View ArticleInvictus inks updated 500MW gas to power plant deal
Golden Sibanda Business News Editor Invictus Energy, the Australian company searching for oil and gas in Muzarabani and Mbire districts of Mashonaland Central province, has executed an updated gas...
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