July 2024

AI in banking creates guardrails, encourages innovation

By Dr Alfred Musarurwa “AI is the ‘electricity’ of the 21st century, powering the fourth industrial revolution in banking.” – Brett King TODAY, we stand at the intersection of technology and finance, witnessing the transformative power of Artificial Intelligence (AI) in the banking industry. AI is not just a…

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July 4, 2024

Opinions

ZiG a golden opportunity for economic revival

THE introduction of the Zimbabwe Gold (ZiG) currency in April has ushered in a period of relative economic stability, a welcome respite from the tumultuous years marked by hyperinflation and currency instability. (more…)

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July 4, 2024

National Report

Exports spike in May

ZIMBABWE’s exports increased 13,5 percent to US$583 million in May 2024 from the April 2024 value of US$513,5 million, latest data shows. (more…)

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July 4, 2024

Top Stories

Shore up ZiG gains, business urges government

AUTHORITIES should implement more measures to fortify the economic stability that now obtains in the country since the ZiG was introduced earlier this year. (more…)

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July 4, 2024

Top Stories

‘Interest rates still too high – analysts

THE Reserve Bank of Zimbabwe (RBZ)’s decision to leave the benchmark interest rate unchanged despite recent declines in inflation reflects a cautious approach to maintaining the country's new-found economic stability, analysts say. (more…)

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July 4, 2024

Top Stories

SIRDC lays out US$45mln foot-and-mouth vaccine plan

By Kudzanai Gerede Companies and Markets Editor THE Scientific and Industrial Research and Development Centre (SIRDC) is planning to set up a turnkey plant to manufacture foot-and-mouth vaccines locally at an estimated cost of US$45 million. (more…)

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July 4, 2024

Companies & Markets

Surge in share buybacks fuels stock market rally

THE recent spike in corporate buybacks on the local stock market is expected to sustain the renewed uptick in trading activity following a difficult start to the year. (more…)

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July 4, 2024

Companies & Markets

ISO approves ZiG currency code

THE International Standard Organization (ISO) has approved the Zimbabwe Gold (ZiG) currency code ZWG replacing the ZWL that represented the now defunct Zimbabwe dollar. (more…)

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July 4, 2024

Top Stories

Diesel usage surges in May

ZIMBABWE'S May 2024 diesel consumption surged 36 percent to 91,4 million litres, up from 67,16 million in May 2023, according to ZERA statistics. (more…)

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July 4, 2024

Companies & Markets

OK Zimbabwe bets on store network expansion

RETAIL giant OK Zimbabwe Limited (OK Zimbabwe) is actively pursuing its store network expansion plans to reclaim lost market share amid notable volume declines in the past few years. (more…)

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July 4, 2024

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