By Shephard Kembo IN the dusty streets of Mbare, the vibrant townships of Soweto, the bustling alleys of Lagos, and the underserved communities across the Global South, something powerful is stirring — a quiet revolution of resilience, innovation, and economic survival. It is the rise of the informal entrepreneur: the street vendor, the backyard mechanic,…
THE Reserve Bank of Zimbabwe (RBZ) says ZiG392 million has been disbursed under the Targeted Finance Facility (TFF) as of June 13, 2025, providing essential support to the country’s productive sectors.The TFF was introduced by the Reserve Bank in January 2025, to enhance banks’ support to productive sectors.The facility was tailor-made to provide funding to…
Paratus Zimbabwe, a subsidiary of Paratus Group, has today signed a major deal with PowerTel to launch a new high-capacity national fiber network across Zimbabwe.The two entities will invest equally in the roll-out of high-capacity fiber infrastructure to create a new long-distance fiber network across Zimbabwe and provide cross-border links to Zimbabwe’s neighbouring countries.The first…
THE Tobacco Industry and Marketing Board (TIMB) has reported sales figures of 299 million kilogrammes valued at US$992 million. In 2024, mass tobacco leaf sold was 205m kg, generating over US$295 million in sales However, in its latest report on 2025 tobacco sales, the TIMB stated that the average price was US$3,36 per kg with…
ECOCASH Holdings has effectively been renamed TN CyberTech Investments Holdings following shareholder approval at a recent extraordinary general meeting.The expected date of commencement of trade under the new name will be July 23, 2025.“Change of name special resolution was approved by the requisite majority of votes,” the company said in a circular reflecting that 99,9…
THE Reserve Bank of Zimbabwe (RBZ) has called on microfinance institutions (MFIs) to quickly adopt management information systems and digital technologies.Thos comes as the central bank is stepping up its efforts to promote financial inclusion through its National Financial Inclusion Strategy (NFIS II: 2022–2026).This strategy identifies digital financial services as vital for inclusive growth.Speaking at…
The Trump administration is pressing ahead with another tariff barrage that some trade experts say is more legally sound than the president’s country-by-country duties and may end up having an…
Less than 40 seconds. That’s how long Air India Flight 171 was airborne before it plunged into a densely populated neighbourhood in Ahmedabad in one of India’s most baffling aviation disasters in recent memory. Investigators now face the grim task of sifting through the wreckage and decoding the cockpit voice and flight data recorders of…
Bitcoin options show traders are hedging against a price pullback to the $100,000 price level with geopolitical and economic uncertainty rising across global financial markets. The put-to-call volume ratio on…
Old Mutual has relaunched its multi-manager investment business under the name Symmetry, signalling a shift to a full-service investment solutions model, the group announced on Wednesday. The Symmetry brand was…
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