MUKURU is positioning itself as a key player in Africa’s informal economy, a critical hub of grassroots commerce that accounts for around 75 percent of payment transactions across the continent.…
Alphabet plans to sell a very rare 100-year bond as part of its mega debt issue, in the first sale of such long-dated debt by a technology firm since the…
By Leonita Mhishi WHEN Tendai’s nephew in Manchester called from behind the wheel of a rented car, describing how he had finally bought a plot in Ruwa, there was a…
AUTHORITIES say the Sadc Sustainable Energy Week in Victoria Falls later this month will present an opportunity for the country to court energy investors. This comes as the government is intensifying efforts to end power outages, having set an ambitious target of generating 6 000 megawatts by 2030. Speaking to the media in Harare yesterday,…
THE government says it is committed to ensuring that the well-being and satisfaction of tourists in Zimbabwe is strictly safeguarded. This follows an incident where police officers fined a South African tourist US$30 at a roadblock in Chipinge, Manicaland, for allegedly failing to carry four emergency warning triangles. The encounter came to light after the…
THE country’s economy is expected to maintain its growth trajectory this year, with companies expanding production and using more of their capacity, the minister of Industry and Commerce, Mangaliso Ndlovu, revealed yesterday. Addressing the media in Harare yesterday, Ndlovu said industrial capacity utilisation, which reached 57 percent last year, is projected to surpass 60 percent…
Africa’s economy has expanded sharply over the past 36 years, but the pace of growth has not been enough to transform the continent’s position in the global economy. International Monetary…
OLYMPIAN Isaac Mpofu underlined his remarkable consistency by winning the Old Mutual Harare Marathon, which was held at Old Georgians Sports Club yesterday morning. The World Athletics–recognised race saw Mpofu…
THE Competition and Tariff Commission (CTC) has proposed a temporary safeguard duty on toothpaste imports, citing evidence that rising inflows of low-priced products have severely undermined local manufacturing. In a determination published in the Government Gazette, the commission recommended a temporary trade remedy. The recommendation follows an investigation which found that a sharp surge in…
FIDELITY Life Asset Management has rebranded to Eagle Asset Management, marking a strategic repositioning towards private markets while maintaining its core investment services. This development follows the asset manager’s launch of the Eagle Real Estate Investment Trust (Eagle REIT) in May last year, which was subsequently listed on the Victoria Falls Stock Exchange. Speaking to…
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