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World Bank backs ongoing economic reforms in Nigeria

On Monday, during the 30th Nigerian Economic Summit, hosted by the Nigerian Economic Summit Group and the Ministry of Budget and National Planning, the World Bank revealed that Nigeria must continue...

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Zim gives rebate on new cities equipment imports

Zimbabwe has introduced a rebate on capital equipment imported by approved contractors for the construction of new cities in line with the Government’s development agenda.

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SA’s rising fuel imports cause supply shortage risk

South Africa’s rapid switch to become a net importer of fuel creates supply risks requiring infrastructure to store and transport the fuel, according to state-owned logistics firm Transnet.

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Global public debt to hit US$100tn by year end

Global public debt is set to reach US$100 trillion, or 93 percent of global gross domestic product, by the end of this year, driven by the US and China, according to new analysis by the International...

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Saudi Arabia offers credit deal to SA to boost trade

Saudi Export-Import Bank signed a US$25 million credit agreement with South Africa’s Standard Bank Group Ltd to facilitate trade between the kingdom and the continent’s largest economy.

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Blanket Mine gold output surges 2,84pc

CALEDONIA Mining Corporation says gold output at Blanket Mine increased by 2,84 percent to 56 815 ounces in the first nine months of the year compared to the same period last year.

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Chrome firm eyes 25pc share of global market

ZIMBABWE’S leading chrome miner, African Chrome Fields (ACF) has announced ambitious expansion plans to gain up to 25 percent of the global market share for high-grade chrome concentrate by the end of...

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ZSE virtually flat in Tuesday trade

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) All Share Index eased by 0,31 points or 0,12 percent to close at 256.37 points on Tuesday, marking a slow day in equity markets. The market...

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Choosing the best goat housing . . . balancing safety, comfort and cost

Somewhere in the rugged and picturesque village of Nyamaropa, Nyanga, nestled in the heart of Zimbabwe’s Eastern Highlands, old Saunyama sits with a faraway look in his eyes as he recalls a fateful day...

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Premier mulls another force majeure for Zim lithium mine

Premier African Minerals may declare force majeure at its Zimbabwe lithium mine in a move aimed at temporarily suspending contractual obligations amid ongoing financial difficulties, multiple sources...

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VFEX market cap surges 6,6pc to US$1,30bn

The Victoria Falls Stock Exchange (VFEX) market capitalisation for the third quarter to September 30, 2024 increased by 6,56 percent to US$1,30 billion compared to US$1,27 billion during the same...

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Econet showcases tech innovations at Mine Entra

Econet Wireless Zimbabwe last week exhibited at the Mining, Engineering and Transport (Mine Entra) Expo in Bulawayo, where it showcased some of its next-generation technology solutions, particularly...

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Letters of administration in deceased estates

Estate administration involves dealing with the estate of a deceased person. It entails handling the assets of and claims or liabilities against the estate. It is about the administration and...

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Nyabira solar plant increases power output

THE Nyabira solar plant, operated by African Transmission Corporation and one of Zimbabwe’s prominent solar projects, has completed its second phase of expansion and entered full commercial production.

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IMC gets ISP licence, eyes Starlink reseller

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has issued IMC Communications with an internet service provider (ISP) licence, marking a giant step in the firm’s quest to...

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Canada sees huge potential in Zimbabwean economy

CANADA has expressed interest in growing trade and investment ties with Zimbabwe through cooperation across diverse economic sectors, including mining.

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Govt happy with arrears clearance progress

The Government is encouraged by progress and milestones on reforms under the arrears clearance and debt resolution process, thus dialogue should continue to achieve the full objectives of the processes.

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ZSE back in green amid Delta and Hippo strong gains

Tapiwanashe Mangwiro   The Zimbabwe Stock Exchange (ZSE) All Share Index continued its upward trend, adding 2,88 points equal to 1,12 percent to close at 259.25 points yesterday.   Gains were recorded...

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Zimbabwe sets standards for aluminium sulphate

Fungai Lupande Mashonaland Central Bureau Zimbabwe is taking steps to regulate aluminium sulphate imports by addressing the cost factors for local manufacturers. This is intended to help them compete...

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Mash Central courts diaspora, seeks investments in value addition

Daniel Chigunwe Herald Correspondent Mashonaland Central, which is famed for its vast rich mineral deposits and agriculture prowess, is embarking on a robust search for investors willing to contribute...

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