finance

Case for private credit in Zimbabwe’s financial landscape

IN today’s volatile economic climate, the phrase “one man’s problem is another man’s solution” seems increasingly relevant, especially within Zimbabwe’s financial sector.Advertisements In the wake of recurring economic shocks ranging from drastic currency changes to rising interest rates and fluctuating statutory reserve requirements, the financial landscape has become increasingly hostile for traditional banks. But within…

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Fidelity increases lending to miners

FIDELITY Gold Refinery (FGR) plans to expand the number of miners who will be granted loans from the Gold Development Fund this year, reaffirming its commitment to supporting the sector with tailored solutions.AdvertisementsFGR introduced low-cost funding for artisanal and smallscale miners to support the expansion of mining operations and boost gold production within the sector.Small-scale…

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Apple iPhone sales dip despite AI rollout

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.AdvertisementsChief 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 sales slipped…

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Rihanna appears at A$AP Rocky’s trial – here’s what to know about the case

Pop star Rihanna was in a Los Angeles courtroom on Wednesday as her partner, rapper A$AP Rocky, continued his trial on assault charges.AdvertisementsThe singer, who shares two children with the rapper, sat in the court with A$AP Rocky’s family as the trial delved into allegations that he pulled a gun out on his former friend…

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HR PERSPECTIVE: Subjective vs objective performance measures

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…

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