Econet network upgrade starts to paying dividends
Business Correspondent Econet Wireless Zimbabwe’s ambitious nationwide network upgrade has begun to reap rewards, with customers across the country starting to notice a marked improvement in network...
View ArticleZimplats 6E output jumps 6pc in FY2024
Nelson Gahadza, Business Reporter Impala Platinum Holdings Limited (Implats), one of the world’s leading producers of platinum group metals (PGMs), says its Zimbabwean operation Zimplats delivered a...
View ArticleChina’s inbound tourism heats up in summer travel surge
Elena and her boyfriend planned for their trip to China three months in advance and when wandering last week in the Forbidden City, a must-see heritage site in Beijing, the tourists from Russia said...
View ArticleGhana gold producer taps small mines
The Royal Ghana Gold Refinery will play an important role in reducing gold smuggling in the country. Ghana, Africa’s biggest gold producer, opened a new refinery in a bid to reap more value from its...
View ArticleSmart farming transforms China’s agric
Despite recent persistent rain in central China’s Henan Province, Shen Jifeng’s 600-mu (about 40 hectares) of contracted farmlands in the city of Xinxiang have largely avoided water-logging. Outfitted...
View ArticleKey charts in global markets this week
Asia copper Copper stockpiles on the London Metal Exchange surged by the most in four years, signalling weak demand in Asia. The 42,175-tonne inflow took inventories to the highest since 2019, with the...
View ArticleFINSEC admits new security on bourse
Oliver Kazunga, Senior Business Reporter THE Financial Securities Exchange (FINSEC) has admitted Property X, as a quoted security, on its Mutual Funds Board, widening the spectrum of investment options...
View ArticleBusiness leaders pay homage to war heroes
Oliver Kazunga, Senior Business Reporter INDIGENOUS business associations have hailed the economic empowerment initiatives the country has embarked on since the attainment of Independence. This, they...
View ArticleTruworths enters corporate rescue
Business Reporter Clothing retail giant Truworths and all its subsidiaries have been placed under corporate rescue, a local form of bankruptcy protection. Crowne Advisory, appointed as Corporate Rescue...
View ArticleWho wears the money pants in your household?
Women may lag men in their ascent to the top of the executive ladder — accounting for slightly more than a quarter of top management in South Africa — but when it comes to household spending, they have...
View ArticleSA’s Transnet needs 5yrs to revive coal export lines
Transnet needs R12,2 billion and five years to upgrade equipment to revive performance of its main export coal line, according to an internal report. Coal shipments plunged to a more than three-decade...
View ArticleGold edges lower as traders book profits
Gold slipped from its all-time closing high in the previous session, as traders booked profits ahead of a US inflation report that may prove pivotal in shaping the Federal Reserve’s interest-rate path....
View ArticleZambia to reopen DRC border after feud blocked exports
Zambia was yesterday set to reopen border crossings with Democratic Republic of Congo, the state broadcaster reported, after tensions led to a blockade of exports from the world’s second-biggest copper...
View ArticleMimosa’s platinum production surges 4pc
Business Reporter Mimosa Mining Company’s six elements (6E) in-concentrate volume grew by 4 percent to 255 000 ounces in the full year to June 30, 2024, benefiting from plant optimisation, which...
View ArticleChengetedzai sees high trades on ZSE
Business Reporter Chengetedzai Depository Company (CDC) says the stock market is experiencing high trading volumes and hopes the trend will persist for the foreseeable future. In its operating update...
View ArticleZimra mulls severe penalty on tax debts
Tapiwanashe Mangwiro, Senior Business Reporter The Zimbabwe Revenue Authority (Zimra) is mulling severe tax penalties to force public and private entities to pay huge amounts of outstanding tax...
View ArticleNigeria telecom sector in intensive care — MTN
Despite the significant growth seen over the past two decades of liberalisation, Nigeria’s telecom sector now faces serious threats due to rising costs and unsustainable pricing. Karl Toriola, the...
View ArticleSA drafts policy framework for electric vehicle production
The wheels are in motion to transition the automotive industry over the next 10 years. The enabling provisions that will allow carmakers to claim 150 percent of the expenditure on new production...
View ArticleZiG stability drives bullish investor sentiment on ZSE
Business Reporter THE stability that has characterised the domestic economy since the introduction of the new currency, Zimbabwe Gold (ZiG), has had positive impact on investor sentiment, driving...
View ArticleTigere to buy 100pc of Highland Park Phase 2
Nelson Gahadza Senior Business Reporter Tigere Property Fund is set to acquire 100 percent stake in Highland Park Phase 2 in Harare, as part of the fund’s strategy to generate income and grow capital...
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