Central banks buy gold in quest for safety
Net buying by central banks reached 145,5 tonnes in the first quarter, 68 percent higher year-on-year. This is the highest volume of Q1 net purchases since 2013 (179,1 tonnes), comfortably exceeding the five-year quarterly average of 129,2 tonnes. On a rolling four-quarter basis, demand reached a record high for our data series of 715,7 tonnes.
NMB to arrange US$20m exporters’ facility
Nmb Holdings is in the process of arranging a US$20 million exporters’ facility for local companies, chief executive Benefit Washaya has said.
US to hold Boeing 737 MAX hearing
David Shepardson The US House Transportation and Infrastructure Committee will hold a May 15 hearing on the grounded Boeing 737 MAX and the Federal Aviation Administration’s (FAA) aircraft certification programme,…
World Bank approves $250m loan to Kenya
Omar Mohammed The World Bank approved a $250 million loan to Kenya to help with affordable housing in the East African nation, where many would-be home owners struggle to obtain…
Bitcoin gained in April
Bitcoin prices rose in April, marking the third straight month of gains.
Mobile data prices up
It is not every day that you see an industry regulator defending the prices of products and services offered by industry players that it regulates.
Shona sculpture highly valued beyond Zim
In recent decades Zimbabwe has become globally recognised for its arts and sculpture and it is one of the African countries that stands firm in appreciating its culture.
Family business bubbles
Business bubbles (the rapid rise and sudden fall in values of business assets) have been a constant thorn in the necks of the capitalist economies since the advent of the secondary markets such as stock markets and other derivatives markets.
Public relations strategic to corporate growth
Human relations is central to PR practice. Employees are central to brand culture
Ukhozi wants better data to develop Zim
“There are big things happening in Zimbabwe with the potential to impact the economy in a massive way, yet in some cases big decisions are being made based on poor quality data, or none at all.”











