South African consumer confidence recovered in the second quarter A quarterly index measuring consumer sentiment climbed to -10 in the three months through June from -20 in the previous quarter, FirstRand’s First National Bank said in an emailed statement on Thursday. Other factors that also contributed to the improvement include additional withdrawals form the two-pot…
The White House said Donald Trump’s decision on a successor for Federal Reserve Chair Jerome Powell is not near, after the Wall Street Journal reported the president could make a…
South African President Cyril Ramaphosa fired a deputy minister from the second-largest party in the ruling coalition on Thursday, a move that renews strain on the stability of his administration.…
THE Reserve Bank of Zimbabwe (RBZ) says the country’s economy continues to demonstrate strong resilience supported by growth in key sectors, improved foreign currency inflows, and a steady inflation environment. Speaking at the on-going Zimbabwe National Chamber of Commerce (ZNCC) annual congress yesterday, the RBZ deputy governor, Innocent Matshe, said the developing economy was also…
By Theresa Muchinguri IN a strategic move to deepen investor trust and strengthen Zimbabwe’s appeal as a competitive investment destination, the Zimbabwe Investment and Development Agency (ZIDA) has launched an Investor Grievance Response Mechanism (IGRM).This initiative, grounded in Section 14 of the ZIDA (General Investments) Regulations [S.I. 227 of 2023], marks a critical development in…
By Diana Rodrigues Edited by Sean Christie and Hedley Twidle Soutie Press, 488 pp., May 2025, 978-1-0370-4783-1 The Interpreters: South Africa’s New Nonfiction, an anthology of creative nonfiction recently launched…
THE Econet Victoria Falls Marathon — Africa’s most spectacular sporting and family event — is set to make a powerful return next Sunday, bringing with it the adventure of long-distance…
THE International Monetary Fund (IMF)’s answer to Zimbabwe’s latest request for a Staff Monitored Programme (SMP) was loud and clear- reforms first.While the Zimbabwean government has been willing to pursue some of the economic and governance reforms, one major hurdle has been its realisation that in doing so, there are tradeoffs to be made.It is…
THE upcoming mid-term budget review should go all out to foster the country’s economic stability and to address all the key issues that are stifling companies, business leaders said this week.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — they exhorted authorities to fortify…
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