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Expo to empower SMEs on the cards

Ivan Zhakata Herald Correspondent ZB Financial Holdings (ZBFH) is holding a two day expo and workshop its sports club in Vainona, Harare to empower Small-to-Medium scale Enterprises. The expo, which...

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Key points when designing a breeding programme for goats, sheep

Sheuneni Kurasha Farmer’s Diary  Part two Last week’s instalment focused on designing a breeding programme for your farm and highlighted key elements to consider, specifically defining clear breeding...

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Nigeria central bank says worst of naira volatility over

Nigeria’s central bank Governor Olayemi Cardoso said the bank is “relatively pleased” with the progress it has made in stabilising the naira and believes the excessive volatility may be a thing of the...

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Rainbow chicken debuts at R7,2bn valuation on JSE

Rainbow Chicken, a poultry firm backed by South African billionaire Johann Rupert, rose on its debut on the Johannesburg stock exchange Wednesday, valuing the company at about US$396 million. RCL...

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Locus standi in legal proceedings

Godknows Hofisi Introduction In my article published last week, I wrote about special pleas in legal proceedings.  I explained that a special plea is defined as an objection on the basis of certain...

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FINSEC boss Tapfumaneyi appointed SADC bourses chair

Business reporter Financial Securities Exchange (FINSEC) chief executive officer Mr Collen Tapfumaneyi has been appointed chairperson of the Committee of SADC Stock Exchanges (CoSSE).  This follows...

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Kenya’s dollar bonds fall as protests threaten fiscal plan

Kenya’s sovereign dollar bonds are sinking as anti-government protests threaten to derail President William Ruto’s US$2,3 billion plan to balance the budget and make the country’s debt sustainable. The...

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Saving soils in Africa the only path left to a future

Jenny Luesby Could the soil of Africa be developing an unstoppable malaise that will transform our continent from an innocent victim of climate change into its main driver? It seems the answer may be...

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Investor Protection Fund surges 240pc to US$3,7m

Business Reporter The Securities and Exchange Commission of  Zimbabwe (SecZim’s) Investor Protection Fund (IPF) surged by 240 percent to $82,34 billion (US$3,733 million) in the quarter to March 31,...

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Trades of US$30bn add to risks for Japan stock rally

Japanese shares’ slide from record highs has spawned another major risk: bullish individuals have built up the biggest margin buying positions since 2006 that they may have to unwind. Total positions...

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ZiG gets international currency code, ZWG

Tapiwanashe Mangwiro Senior Business Reporter The World Bank has certified the Zimbabwe Gold (ZiG)’s international currency code (ZWG), giving it a distinct identity among other nations’ official...

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Govt projects bouy PPC’s performance

Enacy Mapakame South African cement producer, PPC Limited, recorded solid performance for the financial year 2024 (FY24) supported by strong performance by its Zimbabwean operations. In an earnings...

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Dark and Lovely shampoo recall goes unnoticed

Rudo Mandiro Following a directive by the Consumer Protection Commission (CPC) for retailers to remove the 50ml single use Dark and Lovely neutralising shampoo from their shelves, it has emerged that...

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ICT Minister in China

Herald Reporter Information Communication Technology, Postal and Courier Services Minister Tatenda Mavetera is attending the MWC 24 technology conference, which began yesterday in Shanghai, China....

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Tobacco farmers deliver 208 million kg

Precious Manomano Herald Reporter Tobacco farmers have received US$721 million from the 208 million kilogrammes of the golden leaf delivered to the auction and contract floors so far. This is slightly...

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SA central bank urged to focus on slowing CPI to 4,5pc

South Africa’s central bank must restore faith in its ability to achieve its inflation target after struggling to slow consumer price growth to 4,5 percent for about three years, Governor Lesetja...

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Stock futures pare losses after US economic reports

NEW YORK. — Stock futures pared losses and bond yields fell after the latest batch of economic data reinforced speculation the Federal Reserve will be able to cut rates this year. S&P 500 contracts...

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Zambia gets US$570m from IMF as drought takes toll

LUSAKA. — The International Monetary Fund agreed to immediately disburse US$569,6 million to Zambia, boosting the country’s foreign-exchange reserves as it deals with its worst drought in almost 60...

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Rand resumes losses as South Africa’s cabinet delay fuels angst

JOHANNESBURG. – South Africa’s currency fell the most in emerging markets yesterday, leading a selloff in the nation’s assets, amid growing anxiety over delays to the formation of President Cyril...

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RBZ MPC maintains rates to sustain stability

Tapiwanashe Mangwiro-Senior Business Reporter The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe (RBZ) has kept the bank policy rate at 20 percent and maintained the tight monetary...

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