Rand weakens on Fed rate hikes

The rand weakened in early trade on Thursday, after the US Federal Reserve signalled that it will not slow down the pace of its interest rate increases. At 9am, the…

Inflation in UK shops rises to highest level

Prices in British shops rose by the highest rate since at least 2005 last month as the cost-of-living crisis piles pressure on consumers. The British Retail Consortium said shop-price inflation…

Tourism sector optimistic

Tapiwanashe Mangwiro Zimbabwe’s tourism sector is set to experience the “first” holiday season in two years without Covid-19 restrictions, prompting industry players to strike a “cautiously optimistic” tone for the…

Five questions every leader must ask

Arthur Marara Quite deliberately I am bringing against these conversations around the strategy. This is the buzzword in many corporate circles. Despite the fact that millions of dollars are spent…

Emerging stocks flash a 2008 financial crisis signal

The price-earnings ratio of the benchmark MSCI Emerging Markets Index, based on trailing 12-month profits, has fallen below its price-earnings ratio based on estimated earnings for the next 12 months,…

ESG fund rules come under fire

The world’s most far-reaching set of ESG investment rules is facing a wave of criticism as regulators in Britain and the European Union publicly voice their misgivings. The UK’s Financial…

Binance weighs buying a bank

Binance Holdings founder and chief executive Zhao “CZ” Changpeng, who last month said the crypto exchange may spend more than US$1 billion on deals this year, is considering targets including…

Stanbic positions employees for leadership posts

Business Writer Stanbic Bank has embarked on various training programmes aimed at equipping its employees for future requirements of the business. One such programme is a leadership diploma launched late…

Property firm Terrace Africa has solid pipeline projects

Enacy Mapakame Business Reporter Property developer Terrace Africa says it has a solid project pipeline planned to commence before the end of this year across the country, as the group seeks…

Alfa Romeo Giulia, Stelvio get fresh look

Turin, Italy. — With the Alfa Romeo Giulia and Stelvio strongly rumoured to have all-electric replacements in the works, this could well be the last significant update to the Italian…