ZSE big caps weigh down stock market

Enacy mapakame Business Reporter Equities on the Zimbabwe Stock Exchange (ZSE) fell last week weighed down by weakness in the market’s top cap counters. Resultantly, all the benchmark indicators closed the…

Weakening local currency drives money supply to 400pc

Tapiwanashe Mangwiro A weakening local currency against the United States Dollar has driven year on year broad money growth by 388,75 percent as at August 31, 2022. The Reserve Bank…

We must keep merging currency pools

Banks are reporting increasing totals of foreign currency deposits, and this means that while Zimbabwe’s foreign currency reserves are continuing to grow the bulk of those reserves are in private…

Musk first email to Twitter staff ends remote work

New Twitter owner Elon Musk emailed his workers for the first time late on Wednesday to prepare them for “difficult times ahead” and ban remote work unless he personally approved…

Germany taking Moukoko to World Cup, Reus misses out

BERLIN. — Germany are taking 17-year-old striker Youssoufa Moukoko to the football World Cup though Borussia Dortmund teammates Marco Reus and Mats Hummels have missed out. Coach Hansi Flick named…

Volatile market: Individual stocks or invest in an ETF?

The face-off Inflation is stuck in overdrive, a potential recession is hanging over our heads, and the Dow Jones Industrial Average DJIA, -0,73 percent and S&P 500 SPX, -0,84 percent…

Toyota RAV4 Plug-in Hybrid under consideration for SA

Johannesburg. – In the real world here in South Africa large scale sales of fully electric vehicles are still a way off for a number of reasons which have been…

Fidelity Life Assurance revenue doubles

Enacy Mapakame Fidelity Life Assurance of Zimbabwe’s revenue for the nine months to September 30, 2022 doubled, compared to the same period last year driven by growth in the life…

The marvel of the golden ratio

Leslie Mupeti Ever wondered why nature looks so perfect? Why is everything so proportional to everything? Why is the human chest exactly the right size and perfectly proportional to the…

Tongaat asks lenders to extend business plan deadline

Tongaat Hulett’s business rescue practitioners have asked lenders to extend to the timeline for publishing its business rescue plan by about two months until the end of January, and they…