Inaugural real estate Indaba set for next month
Business Reporter AFRICA Exhibition Group, in partnership with the Estate Agents Council Zimbabwe (EACZ), will host the inaugural Zimbabwe Property Expo in Harare early this week, as stakeholders in...
View ArticleZim’s August exports surge 22 percent
Oliver Kazunga-Senior Business Reporter Zimbabwe’s total value of exports increased by 22,9 percent in August 2024 to US$674 million from US$548,3 million the previous month, spurred by minerals and...
View ArticleBorrowers smash global records to dispose US$600bn
Companies and governments across the globe are flooding debt markets with bonds and loans, borrowing money as yields fall and the US presidential election nears. More than 1 226 debt issuers sold over...
View ArticleDollar’s losing streak keeps traders wary
The dollar’s longest monthly losing streak in 20 months is fuelling anxiety among currency traders after the Federal Reserve finally embarked on its interest-rate cutting cycle. The Bloomberg Dollar...
View ArticleZimplow banks on strong order book
Nelson Gahadza Senior Business Reporter Diversified agro-concern, Zimplow Holdings says it is engaged in new initiatives to return the business to profitability in 2024, riding on the back of strong...
View ArticleBlanket Mine solar plant sold for US$22 million
Oliver Kazunga – Senior Business Reporter CALEDONIA Mining Corporation Plc has entered into an unconditional agreement with a leading renewable energy developer to sell its 12,2 megawatt solar power...
View ArticleSA factory sentiment gains as rate cuts get under way
South African manufacturers’ sentiment improved to a five-month high, amid optimism about better business conditions as central banks at home and abroad began lowering interest rates. Absa Group’s...
View ArticleGerman investors interest in Zim rises
Business Reporter A surge in inquiries from German investors seeking to establish operations in Zimbabwe signals a renewed and unprecedented interest in doing business with the country, an official has...
View ArticleAbout shares in a private company
Godknows Hofisi Introduction Businesses are carried out through different forms of arrangements such as sole trader, partnerships, private business corporations (PBC), private companies or public...
View ArticleHandling roundworm infestation in goats, sheep
Sheuneni Kurasha Farmer’s Diary Internal parasites, particularly roundworms, represent a major challenge for goat and sheep farmers. Often referred to colloquially as “worms”, these parasites include...
View ArticleCaledonia’s Bilboes primed to be Zim’s biggest gold asset
Business Reporter Caledonia Mining, which owns gold producer Blanket Mine in Gwanda, says its Bilboes project holds huge potential to become a transformative asset, judging from the findings of a...
View ArticleGovt, business combine as SA targets 3,3pc year-end growth
The South African government and business have thrown their combined weight behind a push to get the economy back above 3 percent growth by the end of 2025, creating around 400 000 youth jobs in the...
View ArticleLow prices halt Bikita Minerals lithium plant
BusinessReporter Bikita Minerals has shut down one of its production plants citing weak global prices, according to an internal memo seen by this publication. The Dense Media Separation (DSM)plant,...
View ArticleRTG declares US$1m 2024 interim dividend
Oliver Kazunga Senior Business Reporter Zimbabwe Stock Exchange (ZSE) listed hospitality group, Rainbow Tourism Group (RTG), has declared a US$1 million dividend for the half year to June 30, 2024,...
View ArticleNBS targets Glaudina flats project completion
Michael Tome Business Reporter THE National Building Society (NBS) is looking forward to completing its Glaudina Flats project in Harare soon, as part of its revenue and profitability growth strategy...
View ArticleBAZ, central bank meet over policy interventions
Business Reporter The Bankers Association of Zimbabwe (BAZ) held a high-level meeting with the Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu on Monday to discuss critical policy measures...
View ArticleBillionaire Buffett may target Japanese bank
Market watchers are saying that Warren Buffett may be looking to buy Japanese financial firms and shipping companies as Berkshire Hathaway’s return to the yen bond markets fuels speculation he’s...
View ArticleGlobal interest rate cuts: What is going on here?
The US Federal Reserve led a global wave of interest rate cuts by slashing rates by 50 basis points—its largest move since the pandemic. Central banks across Europe and the Americas are joining in this...
View ArticleSA backs ex-staffer for AfDB presidency
South Africa’s National Treasury endorsed Bajabulile Swazi Tshabalala, a former senior staffer at the African Development Bank, to become the next head of the pan-African lender. Tshabalala stepped...
View ArticleSA needs more power lines for green-energy plan
South Africa is running out of power lines to transmit electricity from new projects and also needs an updated plan to keep running the auctions that are responsible for getting more supply from new...
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