South African rand hits new 13-month high
South Africa’s rand strengthened to a fresh 13-month high on Friday, supported by improved investor sentiment on signs the domestic economy is starting to gain momentum. The rand was 0,7 percent higher...
View Article‘Banks have capacity to withstand shock’
Nelson Gahadza-Business Reporter The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the strength of the banking sector, highlighting its ample capital and liquidity reserves to weather economic shocks....
View ArticleGovt starts reviewing EPOs for coal-bed methane
Oliver Kazunga-Senior Business Reporter Government has started reviewing Exclusive Prospecting Orders (EPOs) granted to investors three years ago for coal-bed methane to assess the investors’...
View ArticleZim firms leave lasting impressions in Maputo
Golden Sibanda in Maputo, Mozambique ZIMBABWEAN companies have left an indelible mark at the Maputo International Trade Fair (FACIM) after attracting strong interest from potential buyers willing to...
View ArticleWind, solar batteries key to SA’s energy transition
South Africa is at a pivotal moment in its energy transition: trying to decarbonise its economy (move away from coal) and make sure that everyone has access to reliable and affordable energy.
View ArticleSteel industry leaders in US have high hopes for 2025
American steel executives say they’re optimistic that demand for the industrial material will rebound next year, recovering from the lacklustre demand and low prices that have hobbled the industry in...
View ArticleCoffee traders rush to ship beans ahead of EU law
Coffee cargoes are flooding the European Union as traders rush to stock up on beans ahead of new environmental rules that kick in at the end of the year.
View ArticleAustralia leads in crypto ATM growth as kiosks pour in
Bitcoin automatic-teller machines are streaming into Australia, making the country the fastest-growing market for the kiosks and stirring questions about the source of demand for the contentious service.
View ArticleRBZ moves to address forex auction backlog . . . introduces tradeable...
The Reserve Bank of Zimbabwe (RBZ), Governor Dr John Mushayavanhu, in his 2024 Mid-Term Monetary Policy Review Statement released last week confirmed that Treasury introduced instruments to clear the...
View ArticleHomelink launches US$30m housing project
Mutapa Investment Fund (MIF) subsidiary, Homelink Pvt Limited, launched a US$30 million housing development project in Zvimba district on Friday last week.
View ArticleChina-Africa cooperation to foster common development
Several African leaders have arrived in Beijing to attend the upcoming 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), which will be held in Beijing from tomorrow (Wednesday) to Friday,...
View ArticleSasai Money Transfer partners Airtel Money
Online Reporter Sasai Money Transfer, a business of Cassava Technologies has partnered with Airtel Money to expand its free remittances to more African markets. The zero fees initiative, which was...
View ArticleZiG swipe deals cost OK Zimbabwe ZiG 500k
Fungai Lupande Mashonaland Central Bureau OK Zimbabwe’s branch manager for Chegutu has appeared at Bindura magistrate court for swindling his employer of over ZiG 500 000 in swipe deals using Shop Easy...
View ArticleGermany seeks clarity on SA’s coal-closure slowdown
Germany’s climate envoy said her country is seeking clarity on South Africa’s plans to slow down the closure of its coal-fired power plants and alter the terms of a landmark climate-finance pact.
View ArticleTürkiye bids to join Brics in push to build alliances
The view of Türkiye President Recep Tayyip Erdogan’s administration is that the geopolitical centre of gravity is shifting away from developed economies, according to the people who spoke on condition...
View ArticleWhy early retirement is like a bad idea in SA
Over the years, I have engaged with thousands of people approaching retirement, and one of the most frequent questions I get is, “When can I afford to retire?” and “Can I afford an early retirement?”...
View ArticleDangote’s oil refinery starting to make gasoline
Africa’s largest oil refinery is on the brink of producing significant volumes of gasoline, a landmark moment with the potential to transform the global market for the fuel.
View ArticleParticipation at Maputo trade fair a huge success: ZimTrade
Zimbabwe’s participation at the just-ended Maputo International Trade Fair (FACIM) was a huge success, national trade promotion and development body ZimTrade has said, judging by the positive responses...
View ArticleAfDB projects Zim inflation below 7pc
THE African Development Bank (AfDB) has projected Zimbabwe’s inflation to close the year around 7 percent, anchored by exchange rate stability, following the introduction of the more stable domestic...
View ArticleDealing with heartwater disease in goats and sheep
Sheuneni Kurasha Farmer’s Diary In response to numerous inquiries from farmers, this week’s instalment is dedicated to exploring one of the most common yet deadly tick-borne diseases affecting goats...
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