Sandawana valuation reaches US$3bn
Oliver Kazunga SANDAWANA Mines in Mberengwa, Midlands Province, is now valued at US$3 billion from US$5 million after new owner, Kuvimba Mining House that acquired the multi-commodity resource asset in…
Currency thrust now must go to stability
The Zimbabwe dollar stabilised this week through two wholesale bankers’ auction at around the exchange rate of $4 500:US$1, probably bringing to an end the huge fluctuations that saw the…
ZMX maize auction price jumps 6,9pc
Business Writer Farmers and traders are gradually warming up to the Zimbabwe Mercantile Exchange, with the commodities market improving in terms of both volume traded and pricing. The Zimbabwe Mercantile…
All set for Capital Markets Schools Quiz Competition
Malvern Nkomo A total of 20 local high schools are set to battle it out in this year’s Capital Markets High Schools Quiz Competition hosted by this publication — Business…
Total takes control of renewables firm for US$1,66bn
TotalEnergies SE agreed to buy the remaining shares in French clean-power developer Total Eren for €1,5 billion (US$1,66 billion) from Eren Groupe SA and a group of financial investors, boosting…
POSB seeks to raise US$10m through IPO
Michael Tome PEOPLE’s Own Savings Bank (POSB) says it seeks to raise US$10 million through Initial Public Offering and private placement as it moves to realise its partial privatisation agenda.…
Retailers going backwards as S. Africa consumers buckle
The extent to which high interest rates, load shedding and a stagnant economy have hammered consumers is being laid bare in various sales updates from the country’s major retailers. While…
Zim Afro T10: Irfan opens up
One of the legends of Indian cricket, Irfan Pathan has been in good form during the ongoing inaugural edition of the Zim Cyber City Zim Afro T10. Turning out for…
IMF lifts world GDP outlook on US stability
The International Monetary Fund raised its outlook for the world economy this year, estimating that risks have eased in recent months after the US averted a default and authorities staved…
Another million buck bakkie for SA
It wasn’t too long ago that South Africans baulked at the idea of a bakkie costing a million rand, but today there are seven double cab derivatives over that mark,…











