China’s factory activity rises since April
China’s official purchasing managers’ index for October came in at 50,1, in expansionary territory for the first time since April, according to National Bureau of Statistics data released Thursday.
View ArticleMunashe High wins capital market quiz competition
MUNASHE High School from Mutoko, Mashonaland East Province, emerged winners of the tightly contested 2024 edition of the Capital Markets High Schools Quiz Competition, final held in Harare yesterday.
View ArticleEthiopia revises revenue goal to US$12,5bn
Ethiopia has raised its revenue goals as part of its agreement with the International Monetary Fund, which includes specific conditions to reform the region’s largest economy.
View ArticleAnalysts back proposed EPOs law review
ECONOMIC analysts and other key stakeholders have commended a resolution adopted at the recently held ZANU PF conference in Bulawayo to amend the legislation governing Exclusive Prospecting Orders...
View ArticleAfrican Sun to dispose of iconic Monomotapa Hotel
Zimbabwe Stock Exchange (ZSE) listed hospitality group African Sun Limited plans to dispose of one of its key properties, Monomotapa Hotel Crowne Plaza in Harare, and reinvest the proceeds into other...
View ArticleBitcoin’s run toward record high falters
Bitcoin’s push toward a record high is fizzling as pro-crypto Republican nominee Donald Trump’s election odds drop in betting markets. The digital asset sank below US$69 000 in Asia on Friday after...
View ArticleAngola’s budget 2025 deficit of 1,65pc of GDP
Angola’s government anticipates a budget deficit of 1,65 percent of gross domestic product in 2025, slightly higher than this year’s projected 1,46 percent deficit, draft budget documents showed. The...
View ArticleNigeria introduces amnesty programme
Nigeria has launched an amnesty program starting October 31, designed to bring foreign currency held outside the banking system back into circulation. This initiative aims to revive the struggling...
View ArticleGlobal markets start big month on cautious footing
Markets started what could be a momentous month warily, with shares steady and Treasury yields near four-month highs ahead of US jobs data, with volatility in British government bonds after this week’s...
View ArticleHwange coal mine installs new plant
Oliver Kazunga-Senior Business Reporter MUCHESU Coal Mine in Binga, Matabeleland North Province will later this month complete the installation of new processing equipment following the US$20 million...
View ArticleZim gathers input for Expo 2025 Osaka
Business Reporter AS ZIMBABWE intensifies its preparations for the upcoming Expo 2025 in Osaka, Japan, the Organisers are rolling out engagement programmes to ensure the national showcase achieves...
View ArticleGold outgrows farming as Padenga main anchor
Business Reporter Padenga Holdings Limited, a diversified group with interests in agriculture and mining, is undergoing a strategic transformation, with its mining operations emerging as the primary...
View ArticleZim raw milk production jumps 18pc to 86m litres
Zimbabwe’s raw milk production rose by 18 percent to 85,05 million litres in the first nine months of 2024 compared to 71,91 million litres achieved in the same period last year despite the effects of...
View ArticleInvictus plans further drilling for oil, gas
INVICTUS Energy, the Australian company developing and exploring gas deposits in northern Zimbabwe plans further test drills on its Musuma prospective area next year.
View ArticleGrowth in global digital assets cannot be ignored
Tax authorities around the world are increasingly grappling with investments into “new” asset classes and investment products that are not as familiar as property, bonds, shares, collective investment...
View ArticleBYD’s record sales fuel market growth
Multiple Chinese new-energy vehicle (NEV) makers saw sales increase in October, with BYD becoming the first Chinese automaker to exceed monthly sales of half a million vehicles, setting a new record.
View ArticleSA debt spikes 250pc, GDP up by only 105pc
The annual Medium-Term Budget Policy Statement (MTBPS) announcement in October is an important event at which the National Treasury offers insights into the health of the public purse.v
View ArticleSA oil group seeks to amend new law
Some oil explorers are “not satisfied” with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramaphosa, according to a lobby group.
View ArticleFuture of payments dominates Zimswitch anniversary
Zimbabwe’s future of payments took centre stage on Friday as Zimswitch, the nation’s electronic payments switch, celebrated its 30th anniversary in Harare.
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The Government plans to establish a revolving fund to support local production of pharmaceuticals to reduce reliance on imports, according to a new policy document.
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