POWERSPEED Electrical Limited (Powerspeed) says inflationary pressures have eroded most households’ disposable income, as consumers have resorted to cutting expenditure in electricals, affecting the group’s margins. (more…)
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Snapchat will lay off 20% of its staff and shut down a string of new projects.…
Crypto.com has pulled out of a sponsorship deal with Uefa for the Champions League, the BBC understands.…
FARMERS say they have no option but to rely on government support given the lack of funding options on the market, even though they admit this might not be sustainable in the long run. (more…)
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Max Verstappen’s serene march to a second title continued with a comfortable victory in an eventful Dutch Grand Prix.…
Chelsea have sacked manager Thomas Tuchel on the new owners’ 100th day in charge after their third defeat of the season.…
Lewis Hamilton admitted that he was driven to “the edge of breaking point with my emotions” after seeing what he believed was a possible win in the Dutch Grand Prix snatched from his grasp.…
ZB Financial Holdings (ZB) says Zimbabwe’s capital markets still provide some viable investment options, despite the prevailing high inflation and an unstable exchange rate. (more…)
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METBANK says it has been growing revenue in foreign currency and underwriting foreign currency denominated loans as a way of hedging against exchange depreciation and inflation. (more…)
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FINANCE minister Mthuli Ncube says a US$30 million horticulture export revolving fund, which his office is rolling out, will close a funding gap that exists in the sector. (more…)
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