By Ntando Thukwana, Bloomberg The Iran war has clouded the outlook for the South African economy, which had entered its longest period of economic expansion since 2018, the country’s central bank …
finance
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AFRICAN Banking Corporation (BancABC) reported a profit after tax of ZiG193,9 million for the year ended December 31, 2025, rebounding from a ZiG474,5 million loss in the prior year, driven …
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FBC Holdings (FBC) posted a US$30.4 million profit for the year ended December 31, 2025, up 70 percent from US$17.9 million in 2024, attributable mainly to growth in non-interest income. …
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Tech
Scientists have found an alarming environmental impact of vast data centers
by Staff Writerby Staff WriterThe vast data centers that power artificial intelligence guzzle huge amounts of energy but they also have another alarming impact, according to new research. They are creating “heat islands,” warming …
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SUCCESSBANK posted a 51,5 percent increase in profit after tax of ZiG29,97 million for the year ended December 31, 2025, from ZiG19,78 million the previous year, mainly supported by the …
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International News
SAA’s profit mirage exposed as bailout disguised as share capital
by Staff Writerby Staff WriterBy Hein Kaiser, The Citizen South African Airways (SAA) received a quiet government bailout of more than R1 billion in the 2024-25 financial year, contributing to its healthy profit announcement. The …
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International News
Gold finds footing near $4 500 as Iran war enters fifth week
by Staff Writerby Staff WriterGold steadied after its first weekly gain since the Middle East conflict began, as dip-buyers supported prices while the market awaited clarity on the duration of the conflict. Bullion recovered …
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TENDAI Zimuto and Ethel Pangiso delivered commanding performances to emerge as the winners in the Nyaradzo 25th anniversary race held at Seal Lifestyle Park in Chishawasha, Harare, yesterday, winning the …
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ACROSS small fish farms scattered around Zimbabwe, tilapia is often lifted straight from ponds and sold fresh to nearby buyers, generating quick cash but offering little access to larger, more …
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THE COMESA Competition and Consumer Commission (CCCC) has warned businesses against opportunistic pricing in the wake of supply disruptions linked to the Middle East crisis. Economists caution that limited transparency …