Advertisements Manchester United have turned down an approach for winger Alejandro Garnacho from Italian side Napoli.Advertisements The Serie A side have made Garnacho, 20, their number-one target and plan to use money raised from Khvicha Kvaratskhelia’s impending move to Paris St-Germain. However, they have failed with an initial approach for Garnacho that fell significantly below…
Advertisements ZIMBABWE’s economy is projected to grow to 2,3 percent this year, slightly lower than the 2,4 percent estimated in 2024, according to the World Economic Situation and Prospects report by the United Nations.The projections come as the government expects a six percent growth this year buoyed by the projected favourable 2024/25 agricultural season, increased…
Advertisements IN A bid to unlock Zimbabwe’s meat export potential, Zimtrade, the country’s trade development and promotion agency, has urged local meat producers to expedite halaal certification processes to meet international standards.Advertisements As global demand for halaal products continues to rise, achieving certification is no longer merely a regulatory requirement but a gateway to accessing…
Advertisements NYARADZO Life Assurance Company (Nyaradzo) has emerged as the dominant player in Zimbabwe’s life assurance sector, securing an impressive 46,6 percent share of the market by revenue for the first nine months of 2024.The company’s success is largely attributed to its strong performance in funeral assurance, which remains a cornerstone of the life assurance…
Advertisements BUSINESS is reeling from the country’s ailing economy and the unintended consequences of recent interventions by authorities to steady the ZiG and curb inflation.Advertisements While these policy measures have brought relative stability to the market, experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for commerce…
Advertisements THE Zimbabwe National Chamber of Commerce (ZNCC) estimates that the fiscus was prejudiced of between US$1,2 billion and US$1,5 billion in lost financial resources due to corruption.Advertisements In its annual State of the Industry and Commerce survey report, the ZNCC said corruption raises the cost of doing business, with 81 percent of enterprises saying…
Advertisements THE Zimbabwean sugar industry is grappling with significant challenges as escalating operational costs and unfavourable policy decisions jeopardise its viability.This has led companies like Triangle Limited (Triangle) to undertake drastic measures, including a three-phased staff rationalisation exercise, to stay afloat amidst mounting pressures.Triangle, wholly owned by South African sugar giant Tongaat Huletts, announced the…
Advertisements TWO weeks ago, I argued that Africa needs impactful digital solutions more than humanoid robots. Advertisements While much of the global focus is on humanoid robots, which are machines designed to resemble human beings in both form and function, Africa’s immediate needs require practical, scalable digital solutions that address the continent’s most pressing challenges.…
Advertisements ZIMBABWE used 70,1 million litres of Jet A1 fuel in the first nine months of 2024, marking a 19 percent increase from the 59,07 million litres used during the same period in 2023, according to data from the Zimbabwe Energy Regulatory Authority (Zera).Jet A1 is a type of aviation fuel designed for aircraft equipped…
Advertisements ZIMBABWE’s stock markets have got on to a slow start in 2025 with trading activity so far being sluggish due to a combination of sustained liquidity challenges and the general cautiousness by investors.Advertisements The country’s primary bourse- the Zimbabwe Stock Exchange (ZSE) has been the major loser while the US-dollar denominated Victoria Falls Stock…
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