Bitcoin jumps in more than a month
Bitcoin pared a rally that was spurred by expectations of a reduction in borrowing costs by the Federal Reserve leading to greater demand for speculative assets. The largest digital currency traded...
View ArticleTelOne gets nod to resell Starlink services
Francis Gakanje-Business Reporter STATE-owned telecommunication company, TelOne, has become the latest firm to secure a licence to resell Starlink, a Low Earth Orbit internet constellation, services in...
View ArticleDealing with coccidiosis in goats, sheep
Sheuneni Kurasha-Farmer’s Diary This week’s instalment focuses on dealing with coccidiosis in goats and sheep. It outlines the symptoms, prevention strategies, and treatment options for managing...
View ArticleKMH finalising talks for gold mine reboot
Oliver Kazunga-Senior Business Reporter KUVIMBA Mining House (KMH) says discussions with various funders for the development of the US$150 million open pit project at Shamva Gold Mine will be concluded...
View ArticleCapital Markets High Schools Quiz Competition roadmap outlined
Business Writer The Capital Markets-High Schools Quiz Competition, which seeks to impart knowledge on the role of capital markets in economic growth and household savings, which started on September 9,...
View ArticleZim blueberries hog limelight in Malaysia
Kudzanai Sharara in Kuala Lumpur, Malaysia The Malaysia International Halal Showcase (MIHAS) is in full swing, and for Zimbabwean companies like Eden Chase, the event is proving to be a valuable...
View ArticleGold expected to hit another record
The gold price fell back some US$10 per ounce after hitting a new record of US$2 589 per ounce on Monday, but investors and gold lovers expect it to continue its upward march to another new high....
View ArticleSingapore to work with Rwanda on carbon projects
Singapore’s low carbon, state-backed investment firm GenZero will collaborate with Rwanda on projects to generate carbon credits to offset emissions, it said on Thursday. Countries such as Australia...
View ArticleUS slashes interest rates by a half point
The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark rates in an effort to head off a slowdown...
View ArticleSA sticking to modest rate cut despite Fed move
The South African Reserve Bank will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected overnight move by the US Federal Reserve as it turns the screws on...
View ArticleNatural hair care firm eyes global market via Malaysia
By Kudzanai Sharara in Kuala Lumpur, Malaysia From the heart of Zimbabwe, Manetain Organics brought its natural hair care products, crafted with indigenous ingredients, to the Malaysia International...
View Article‘Zim a promising destination for investment’
Business Reporter A delegation of German investors who have been exploring business opportunities in Zimbabwe since Monday has expressed optimism about the country as a potential investment...
View ArticleKMH mulls funding cut for key platinum project
Oliver Kazunga-Senior Business Reporter Kuvimba Mining House (KMH), a State-owned enterprise, may cut the budget for its Darwendale platinum project owned by Great Dyke Investments due to depressed...
View ArticleRBZ injects US$64m into foreign currency market
Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market to meet the growing demand for hard currency and ensure that all bona-fide foreign...
View ArticleWho are the JSE’s problem children?
The shares of nine companies are currently still suspended from trading by the Johannesburg Stock Exchange (JSE) for not publishing their financial results on time. The exchange lifted the suspension...
View Article‘US ban on Chinese EV software protectionist’
Chinese experts on Sunday criticised a reported plan of the US to ban Chinese-made software and hardware in connected and autonomous vehicles in the US, saying the move lays bare Washington’s reckless...
View ArticleWork culture hinders Japan’s 4-day week
Japan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture. The Japanese government recently...
View ArticleGold hits new peak ahead of US data
Gold touched a record high ahead of US data that may offer clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in a series of aggressive cuts. Bullion rose...
View ArticleCZR seeks dialogue on retail, wholesale sectors
Business Reporter The Confederation of Zimbabwe Retailers (CZR) has called for closer engagement between Government, regulators and other key stakeholders to address challenges in the retail and...
View ArticleZimAlloys to build 180MW wind power plant
Oliver Kazunga-Senior Business Reporter CHROMIUM alloy producer Zimbabwe Alloys Limited (ZimAlloys) is in discussions with an unnamed Dutch-based renewable energy firm to install a 180 megawatt (MW)...
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