By Rivaldo Jantjies, Bloomberg African startups are rewriting their funding playbook as the global artificial intelligence boom pulls venture capital toward the US, forcing emerging markets to compete for cash. AI-related …
finance
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THE Zimbabwe Investment and Development Agency (Zida) has designated part of the Joina City Office Tower in Harare’s central business district as a special economic zone (SEZ), aiming to boost …
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THE Agricultural Marketing Authority (AMA) has urged manufacturers to buy locally produced agricultural commodities to cut the country’s import bill on wheat, maize and soybeans. This comes as rising global …
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TSL is seeking shareholder approval to delist from the Zimbabwe Stock Exchange (ZSE) and list on the Victoria Falls Stock Exchange (VFEX) as it targets improved valuation and foreign capital …
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THE Zimbabwe Consolidated Diamond Company (ZCDC) has appointed Dennis Mtombeni as chief executive, succeeding Douglas Zimbango, who will step down effective June 30, 2026. The diamond miner said Mtombeni is …
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International News
SA poised for first rate hike since 2023 on Iran war
by Staff Writerby Staff WriterBy Ntando Thukwana, Bloomberg The South African Reserve Bank is set to raise borrowing costs for the first time in three years as policymakers seek to combat inflationary pressures stemming from …
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Sport
Arsenal’s value surged 23% to nearly $6 billion ahead of title
by Staff Writerby Staff WriterBy David Hellier, Bloomberg Premier League champion Arsenal climbed the latest Football Benchmark ranking of European club valuations, narrowing the gap with Manchester United and Manchester City. The researcher boosted the …
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International News
Hong Kong overtakes Switzerland as top offshore wealth hub
by Staff Writerby Staff WriterBy Diana Li, Bloomberg Hong Kong has narrowly overtaken Switzerland to become the world’s largest cross-border wealth hub, driven by an influx of mainland Chinese capital and a resurgent local equity …
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EXPERTS remain cautiously optimistic about Zimbabwe’s medium-term economic prospects despite the structural bottlenecks and external headwinds that threaten to retard progress. This comes as the bullish outlook is underpinned by …
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THE Ministry of Industry and Commerce has partnered with Africa Economic Development Strategies (AEDS) to host the inaugural Zimbabwe Industrialisation Conference and Expo in Bulawayo, aimed at advancing the country’s …
