Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and comments from Chair Jerome Powell that touched briefly upon crypto regulation.…
SALES of Apple iPhones dropped at the end of last year, as the tech firm’s roll out of new artificial intelligence (AI) features was met with a lukewarm response. Chief executive Tim Cook said the new features helped to drive stronger sales in the countries where they were available, such as the US. But iPhone…
Pop star Rihanna was in a Los Angeles courtroom on Wednesday as her partner, rapper A$AP Rocky, continued his trial on assault charges. The singer, who shares two children with the rapper, sat in the court with A$AP Rocky’s family as the trial delved into allegations that he pulled a gun out on his former…
IN today’s data-driven business world, measuring employee performance accurately and fairly is more crucial than ever. Organisations often grapple with the choice between subjective measures, such as manager ratings, and objective measures, like sales figures or output metrics. But which approach yields the most accurate picture of an employee’s true performance? A closer look at…
AS the world becomes increasingly connected through technology, the digital divide — the gap between those with access to technology and those without — has emerged as a key obstacle to economic growth and development. In African countries, the digital divide is not just a matter of who has access to the internet or mobile…
ZIMBABWEAN authorities have declared 19 products as contraband, warning that individuals and businesses caught with them without valid proof of paid duty will face smuggling charges. The new measures — issued via Statutory Instrument 7 of 2025 this week are effective with immediately effect.The designated products include alcoholic and non-alcoholic beverages, cement, clothing, footwear, dairy…
EXPERTS are keeping their fingers crossed that the central bank will intervene decisively next month, to alleviate the myriad challenges that are throttling Zimbabwe’s economy. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that the apex bank’s February…
INFORMATION technology (IT) and consumer staples stocks are expected to anchor the growth of the local equities markets this year, leveraging their cash-generating capacity and dominant market positions, analysts say. Authorities have forecast six percent economic growth for 2025, although challenges such as delayed rains, unprepared farmers, underfunded energy infrastructure, and weak investor confidence raise…
THE Zimbabwe National Roads Administration (Zinara) anticipates a substantial increase in revenue by computerising the system used to monitor abnormal and overloaded trucks at toll gates, a move aimed at reducing leakages. This development marks a significant step in modernising Zinara’s collection systems.Zinara’s finance director, Adam Zvandasara, said the main revenue streams, such as vehicle…
ZIMBABWE’s economic growth is likely to fall short of the government’s six percent projection with analysts citing currency volatility, inflation, and a persistent liquidity squeeze as threats. The southern African country has experienced a significant depreciation of the local unit primarily driven by both demand and supply factors which resulted in inflationary pressures.Fiscal and monetary…
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