November 2024

Crypto exchange Kraken shuts down NFT marketplace

The crypto exchange Kraken is shutting down its NFT marketplace almost two years after the platform was launched, saying it’s shifting more resources into new products and services. “Clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet…

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November 28, 2024

Companies & Markets

Ecocash leverages digitalisation for growth

Ecocash Holdings is poised to leverage digitalisation as a key driver for sustainable growth and adaptability following its recent restructuring efforts. (more…)

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November 28, 2024

National Report

Croco Motors drives forward

IN A rapidly evolving automotive industry, Croco Motors stands as a beacon of resilience and innovation in Zimbabwe. Recently crowned Superbrand of the Year in the motor dealership category, Croco Motors has cemented its place as a leader in delivering exceptional customer service and cutting-edge vehicle solutions. At…

November 28, 2024

International News

General Motors agrees deal to enter F1 in 2026

US car giant General Motors has reached an agreement in principle to enter Formula 1 in 2026 with its Cadillac brand. A statement on Monday said that GM and its partner, the US group TWG Global, had committed to name a new team after GM’s luxury Cadillac brand and to…

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November 28, 2024

National Report

Masimba flags currency risks

MASIMBA Holdings is confident it will achieve profitability in the 2024 financial year, but concedes navigating a ‘difficult’ business landscape threatened by the volatility of the local currency. (more…)

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November 28, 2024

Business

Meikles Limited directors “set record straight”

THE directors of Meikles Limited have responded to allegations of corporate governance failures made by Meikles Consolidated Holdings (Pvt) Ltd and its representative, John Moxon.…

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November 28, 2024

Opinions

Why hackings are common in Zimbabwe

Michael Brian Farai Chiwoza IN recent years, Zimbabwe has witnessed an alarming increase in cybersecurity incidents, particularly hacking. This surge has raised questions about the underlying causes and implications for individuals, businesses, and the government. (more…)

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November 27, 2024

Companies & Markets

Stanbic steps up efforts to promote international trade

STANBIC Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to source products from China. The e-book was launched at the recently held annual Stanbic China Day. (more…)

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November 27, 2024

Opinions

Tax exemptions for special mining leaseholders

THE exemption of holders of special mining leases from certain taxes represents a pivotal policy in the mining sector aiming to foster investment, spur economic growth, and enhance competitiveness. By granting such exemptions, governments seek to attract and retain mining companies, encouraging long-term sustainability and development in mineral-rich…

November 27, 2024

National Report

AfDB plans regional power project

THE African Development Bank (AfDB) is updating feasibility studies for a project to develop new power transmission facilities across the Sadc region. (more…)

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November 27, 2024

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