‘Tap into Zim’s natural resources, human capital’
Oliver Kazunga-Senior Business Reporter ZIMBABWE should embrace the principles of sustainable industrialisation, taking advantage of its natural resource endowments and an industrious human capital...
View ArticlePrivate merchants pay 100pc USD cash for cotton
Business Reporter PRIVATE merchants are paying cotton farmers exclusively in US dollar cash, a move celebrated by most growers in the Lowveld region, one of Zimbabwe’s key cotton growing areas. The US...
View ArticleZimplow navigates El Niño risks with caution
Enacy Mapakame Farming implements and earth moving equipment supplier, Zimplow Holdings Limited says it is adopting a cautious approach to business to navigate the El Niño drought-induced challenges...
View ArticleStanbic’s rise above incubator programme for SMEs shines
Business Reporter Stanbic Bank’s Rise Above Incubator Programme for Small to Medium Enterprises (SMEs) has come full circle with three start-ups poised to receive business loans of varying amounts...
View ArticleZiG tames inflation
The Zimbabwe Gold (ZiG) has made huge strides in taming inflation in the country as the month-on-month inflation rate for June 2024 was zero percent.
View ArticleKenya’s tax-bill turmoil complicates IMF cash
The violent unrest that forced Kenya's president to withdraw support for a finance bill has left the country's efforts to meet International Monetary Fund targets in doubt and could make borrowing more...
View ArticleWorst drought awakens 26yr old Namibian project
Owing to Namibia’s susceptibility to drought, the Southern African country is looking to build its second desalination plant.
View ArticleAngola set to export more oil in four years
Angola is set to export the most oil in almost four years in August, demonstrating why the country decided to leave OPEC.
View ArticleUS economy shows further signs of slowing under high rates
The US government has marked down personal spending — the main engine of the economy — by half a percentage point to an annualised 1,5 percent in the first quarter.
View ArticleZim trade deficit falls 24pc
Zimbabwe's trade deficit decreased by 23,8 percent in May this year to US$151,1 million, according to the latest report from the Zimbabwe National Statistics Agency (ZimStat).
View ArticleZB drives financial literacy among SMEs
ZB Financial Holdings (ZBFH) has embarked on a nationwide financial literacy drive that is targeted at transforming the Small and Medium Enterprise (SMEs) sector in the country.
View ArticleZiG prices unchanged in June, tallies RBZ forecast
Zimbabwe’s June inflation numbers paint an encouraging picture of Zimbabwe’s rapidly stabilising economy after monthly inflation remains unchanged, suggesting bright prospects for inflation and...
View ArticleIMF slams US with warnings over debt, deficits
The US was the target of pointed criticism from the International Monetary Fund last week, with the organisation calling out everything from Washington’s trade policy to its deficits. In its annual...
View ArticleNigeria’s sovereign debt becomes a cause for concern
Nigeria’s debt for the first time in its history has become a course for concern. This new alarming development for Africa’s largest economy is due to its increased debt-to-GDP ratio coupled with its...
View ArticleCall for a halt in elephant hunting in Kenya, Tanzania
A group of international scientists said Thursday that the hunting of elephants along the Kenya-Tanzania border for their tusks should be stopped to save the giant land mammals from extinction. In a...
View ArticleTelOne invests US$8,5m in network modernisation
Business Reporter STATE-OWNED fixed telecommunications firm TelOne last year invested US$8,5 million in network modernisation and deployment of Long Term Evolution(LTE) base stations across the...
View ArticleSADC Industrialisation Week to showcase flagship firms
Business Reporter Visitors and delegates to the upcoming SADC Industrialisation Week will have an opportunity to tour some of the country’s flagship companies, a senior Government official has said....
View ArticleMixed fortunes for Zim capital markets
Enacy Mapakame Zimbabwe’s capital markets experienced mixed performance last year, although the outturn was not all doom and gloom, according to the regulator. Overall, the economy faced headwinds...
View ArticleConcern over arrival of Dangote’s petrol
Chairman of the Dangote Group: Aliko Dangote has said that Premium Motor Spirit popularly referred to as petrol from his refinery would hit the market in the third week of July. While this is cause for...
View ArticleHigh production costs render soyabean uncompetitive
Business Reporter Zimbabwe’s soya bean seed is uncompetitively priced compared to produce from other regional markets due to high production costs, according to a Soya Bean Value Chain Competitiveness...
View Article