FOSSIL Mines, a major shareholder in Khayah Cement, has been pushed out of the cement manufacturing industry following a creditors’ meeting in Harare this today, with the company set to…
Tiger Woods described a yardage mix-up that left TGL team-mates Kevin Kisner and Tom Kim in fits of laughter as “one of the most embarrassing moments in my golfing career”. The 49-year-old, playing for the Jupiter Links team in the partially virtual indoor tournament, left himself 199 yards to the hole on the 13th after…
DELTA Beverages says its wines and spirits division, African Distillers (Afdis) volumes for the third quarter ended December 31, 2024 rose 14 percent year-on-year thanks to government curbs on illegal imports.The Zimbabwe Stock Exchange (ZSE)- listed beverages maker has previously lamented the proliferation of illicit imports as creating an unfair playing field.According to the group,…
INVESTORS on the local capital markets should reduce their exposure to formal retail stocks, where currency and pricing dynamics continue to depress performance and opt for defensive stocks with proven good management, financial services firm IH Securities has said.The analysts anticipate 2025 to be another year of regulatory and monetary uncertainty, which will impact on…
THE 2025 Monetary Policy Statement (MPS), themed “Fostering Price, Currency and Exchange Rate Stability Through Balancing Confidence-Trust-Credibility-Efficiency-Stability-Growth,” reflects an ambitious, albeit somewhat abstract, vision for Zimbabwe’s economic trajectory. Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu’s choice of words signals a multidimensional approach, yet the theme raises fundamental questions: What exactly are we prioritising? Are…
By Rodrick Bumhira IN today’s rapidly evolving business landscape, the qualities that define effective leadership are shifting. The age of command-and-control leadership is behind us. Authority alone no longer ensures success or loyalty. Instead, relevance has emerged as the cornerstone of impactful leadership. But becoming a relevant leader isn’t simply about adopting trendy new behaviours;…
By Mordecai Musinahama ZIMBABWE’S economic turmoil is not just a challenge — it’s a battleground where companies are fighting for their very survival. The stakes couldn’t be higher, and those who fail to adapt risk being wiped out. In this high-stakes environment, data science, data analytics, and artificial intelligence (AI) are not just tools —…
THE Reserve Bank of Zimbabwe (RBZ) has been urged to align interest rates on savings and time deposit accounts with annual inflation rates to revive the country’s savings culture.In its latest Monetary Policy Statement, the central bank raised interest rates for savings accounts from 3,5 percent to five percent for ZiG and from one percent…
…. move to accelerate growth and strengthen its future competitiveness CASSAVA Technologies (Cassava), a global technology leader of African heritage, announces new strategic appointments to the leadership team as the…
THE Insurance Council of Zimbabwe in liaison with the Civil Protection Unit has vouched to provide ex-gratia assistance for funeral and medical expenses incurred by the victims of the Beitbridge road traffic accident.Yesterday, a head-on collision between a bus and a commercial truck claimed the lives of 24 people travelling to South Africa, 10 kilometres…
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