Zim gets first Exchange Traded Fund

Old Mutual Zimbabwe has announced the establishment of the country’s first-ever Exchange Traded Fund, which is set to be listed on the Zimbabwe Stock Exchange on the 4th of January 2021.

Zimbabwe braces for e-commerce

Zimbabwe is bracing for increased use of electronic commerce (e-commerce), which has been accelerated by the Covid-19 pandemic, with Government working to ensure the digital environment is both efficient and secure. 

SA retailers turn from China to source local clothes

South African retailers including The Foschini Group and Woolworths are increasing investment in local clothing manufacturers – both to reduce a dependency on Chinese imports and secure a supply chain thrown into disarray by Covid-19 restrictions.

Cycle for a Cause event hailed

Innocent Kurira, Sports Reporter SMILE for Africa director Albert Mavunga has said the inaugural Cycle for a Cause event held last week was a huge success and hinted at plans…

JSE imposes maximum fine on Steinhoff for publishing incorrect and misleading info

The Johannesburg stock exchange has fined retailer Steinhoff a total of R13.5 million for breaching its listing requirements. 

Zim born Mungofa to start vehicle manufacturing in SA

Mureza Auto Company, which was co-founded by Zimbabwe-born and CEO Tatenda Mungofa, says it will start designing and manufacturing of vehicles in South Africa in the coming year 2021.

Lithium miner upbeat over prices

Prospect Resources Plc, the developer of the Arcadia lithium project in Zimbabwe, says strong demand from customers in battery, glass and ceramics markets will cause material improvements in global prices over the next few years.

Iranian MPs seek hardening of nuclear stance after scientist killed

DUBAI — A bill requiring Iran’s government to suspend nuclear inspections unless sanctions are lifted, and ignore other restraints on its nuclear programme agreed with major powers, was passed by…

IOC president Bach runs unopposed

INTERNATIONAL Olympic Committee (IOC) president Thomas Bach is set to remain in office until 2025, as he will run unopposed next year for a second term, the IOC said yesterday.…

Olympic rings illuminated upon return to Tokyo Bay

TOKYO – The Olympic rings monument was reinstalled in Tokyo Bay yesterday, after being removed in August, as organisers ramp up preparations for next year’s postponed Summer Games. The rings…

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