US 30-year yield hits highest since 2007
By Greg Ritchie, Bloomberg Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concerns mount that accelerating inflation will force central bankers…
By Greg Ritchie, Bloomberg Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concerns mount that accelerating inflation will force central bankers…
AT the centre of the escalating dispute between Botha Gold Mine and Freda Rebecca Gold Mine lies a surprisingly small area of land — approximately 56 hectares. Freda Rebecca argues…
By Kurt Wagner, Bloomberg Meta Platforms is reassigning 7 000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes…
South African retail giant Pick n Pay has raised about 4.7 billion rand ($282 million) after selling part of its stake in discount grocery chain Boxer Retail, as the retailer…
THE governments of Botswana and Angola have become affiliated members of the World Federation of Diamond Bourses (WFDB) as competition from synthetic gems intensifies across global markets. For Botswana, the…
THE African Export-Import Bank (Afreximbank) has extended a US$15 million finance facility to Ecobank Zimbabwe to support small and medium enterprises (SMEs) operating within export value chains under its Export SME Development Programme (ESDP). The facility would provide both working capital and capital expenditure financing to SMEs across key sectors of the economy, including agribusiness,…
CHINA’s ambassador to Zimbabwe Zhou Ding says his country’s new zero-tariff policy on imports from African countries will help boost Zimbabwe’s exports and strengthen economic cooperation between the two nations. Speaking during a cultural exchange event showcasing China’s Dunhuang culture in Harare yesterday, Zhou said bilateral trade and investment between the two countries continued to…
Simbarashe Hamudi ZIMBABWE’S tax framework continues to evolve in response to changing corporate governance practices and income structures. One significant section of the Act is the 33rd Schedule to the…
LOCAL universities must rise beyond their traditional teaching role and become incubators of practical solutions to the country’s pressing socio-economic challenges, Public Service Commission chairperson Vincent Hungwe has said. Speaking at a University of Zimbabwe Public Service Commission Lecture in Harare yesterday, Hungwe said institutions of higher learning should be at the centre of developing…
The African Development Bank Group (AfDB) has approved a US$4 million grant to support Zimbabwe’s efforts to clear its debt arrears and re-engage with the international financial community. The funding will finance the Zimbabwe Arrears Clearance Dialogue Enhancement Project (ZACDEP), aimed at strengthening dialogue and reforms needed to advance the country’s arrears clearance process. “This…
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