MACADAMIA nuts are poised to generate significant income in 2025, driven by high demand ahead of the harvesting season. The crop, set to be harvested in April, is showing improved quality compared to the previous season. In a trading update for the first quarter ended December 31, 2024, Ariston Holdings Limited secretary Anesu Museta on…
TSL says it has lined up several initiatives to increase warehousing capacity which are earmarked for completion before the end of October this year. The Zimbabwe Stock Exchange (ZSE)-listed tobacco processing firm, also with operations in agriculture commodities logistics, recently completed a 15 000 square meter warehouse facility for an undisclosed client, expanding the portfolio…
China has set an economic growth target for this year of “around 5%” and pledged to pump billions of dollars into its ailing economy, which is now facing a trade war with the US. Its leaders unveiled the plan as thousands of delegates attend the National People’s Congress, a rubber-stamp parliament, which passes decisions already…
The South African government’s plans to raise value-added tax would scupper a nascent recovery in consumer spending, the chief executive officer of the continent’s largest supermarket chain said. A disagreement within the coalition government over the National Treasury’s proposal to increase the VAT rate by 2 percentage points to 17% delayed Finance Minister Enoch Godongwana’s…
While Woolworths Holdings trumpeted an “outstanding performance” in its food business, the retailer’s fashion business continued to weigh on the group, which reported a 27.7% cut in its interim dividend on Wednesday. It declared an interim dividend of 107 cents per share (cps) at a 70% payout ratio, compared to 148cps for HY2024. Turnover and concession…
A while back, when she was promoting her book about her distinct style, Dolly Parton was asked if her husband Carl Dean had a favorite outfit of hers. Parton got a dreamy smile on her face as she remembered. “I used to have a pair of a pair of red velvet hot pants back when…
Apple is taking legal action to try to overturn a demand made by the UK government to view its customers’ private data if required. The BBC understands that the US technology giant has appealed to the Investigatory Powers Tribunal, an independent court with the power to investigate claims against the Security Service. It is the…
LeBron James became the first player in NBA history to score 50,000 combined points as he helped the Los Angeles Lakers to victory over the New Orleans Pelicans. The 40-year-old American surpassed the mark early in the first quarter of his side’s 136-115 win, gathering a pass from Luka Doncic and sinking a sublime 25-foot…
Rarely in the past decade and a half of Qatari ownership have Paris St-Germain entered the spring with this kind of confidence. On Saturday evening, the runaway Ligue 1 leaders wasted little time in dismantling a Lille side who also had a midweek Champions League tie to look forward to, scoring four goals in what…
Many major stocks connected to artificial intelligence have lost their luster of late, but perhaps none more so than Microsoft Corp. Shares in the software giant have been struggling for months, as repeated earnings disappointments have caused a reassessment of when the tens of billions of dollars it has plowed into AI-related investments will show…
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