Adidas to raise prices as US tariffs cost €200m
Adidas has warned that US tariffs will cost the German sportswear giant a further €200m (£173m) and confirmed that it will raise prices for American customers. Nearly half of the…
Adidas has warned that US tariffs will cost the German sportswear giant a further €200m (£173m) and confirmed that it will raise prices for American customers. Nearly half of the…
President Donald Trump said he may skip the G20 Summit in South Africa later this year, saying he’s open to sending someone else to the gathering of the leaders of…
AUTHORITIES are implementing measures to resuscitate the Cotton Company of Zimbabwe (Cottco), Mutapa Investment Fund (MIF) chief executive officer John Mangudya said yesterday. Presenting oral evidence on cotton funding to the parliamentary committee of Lands, Agriculture, Water, Fisheries and Rural Development in Harare, Mangudya said measures being put in place would enable Cottco to settle…
GOVERNMENT is moving to ease the burden on businesses and ordinary citizens, with the Cabinet approving a comprehensive review of levies, licences, and permits across 12 key economic sectors. Finance Minister Mthuli Ncube announced the initiative yesterday at a post-Cabinet media briefing in Harare, stating the process was a “marathon, not a sprint” that would…
ALL eyes will be on the minister of Finance, Mthuli Ncube, when he presents his mid-term Budget statement in Harare tomorrow — amid relentless economic hardships among both consumers and businesses. Speaking to the Daily News — the country’s most influential newspaper — representatives of workers, consumer watchdogs and business all said yesterday that they…
Eskom has made good on its earlier threat to challenge in court energy regulator Nersa’s granting of licences for electricity trading. It wants trading rules to be finalised first and even suggests…
IN AN era where the relationship between sport and corporate responsibility is more vital than ever, CABS has emerged as an example of what it means to invest in Zimbabwe’s…
FINANCE Minister Mthuli Ncube is expected to unveil a “cocktail of revised taxation measures and other operational guidelines” in his mid-term budget review statement on Thursday, officials say. This comes as the Harare administration remains optimistic about the country’s six percent growth rate – at a time sectors such as manufacturing, mining, retail and agriculture…
HARARE City Council (HCC) began an operation yesterday to close businesses that do not comply with its by-laws. This initiative comes as the HCC currently lacks an electronic management system, with property records still being maintained manually on an Excel sheet, as a senior official recently revealed. “On July 28 2025 (yesterday), the City of…
THE Securities and Exchange Commission of Zimbabwe (SecZim) is strengthening its supervisory framework for the securities sector in an effort to mitigate financial crimes risks.The commission will achieve this through a risk-based approach to ensure that higher-risk firms receive increased regulatory engagement.The securities sector is made up of different sub sectors which include securities exchanges,…
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