adminNOIC declares US$1m dividend to Mutapa fund
Nelson Gahadza Senior Business Reporter The National Oil Infrastructure Company of Zimbabwe (NOIC) has declared a US$1,050 million dividend to the Mutapa Investment Fund (MIF) after performance exceeded expectations in 2022…
IMF cuts SA’s 2024 growth forecast
The International Monetary Fund (IMF) downgraded its economic growth forecasts for South Africa, warning that logistical challenges are constraining activity and acting as a drag on the entire region. Africa’s…
NetOne to install data, internet infrastructure
Michael Tome Business Reporter STATE owned mobile phone operator NetOne intends to deploy additional capital this year towards installation of data and internet service infrastructure, as data traffic continues to dominate…
Naira plunges 31pc, new rate closer to street rate
Nigeria’s naira plunged to a record against the dollar following a revision of the methodology used to set the exchange rate, in effect the second devaluation of the currency in…
Russian banks make record US$36,8bn
Russian banks made 3,3 trillion rubles, or US$36,8 billion profit, last year, marking a record high, the country’s central bank announced on Tuesday. The performance came as somewhat of a…
Arbitration over commercial disputes
Godknows Hofisi Commercial disputes are common and vary in nature and complexity. In simple terms a commercial dispute refers to disagreements over commercial arrangements or contracts. This is usually over…
dyton mupawaenda
- Herald
- January 31, 2024
- 75 views
Warrant of arrest for accomplice in Mbudzi interchange corruption case
Yeukai Karengezeka-Court Correspondent AN accomplice in the alleged corruption over compensation for bought-out properties around the Mbudzi interchange in southern Harare, Levy Idana, who has gone missing, was yesterday the…
- Herald
- January 31, 2024
- 99 views
Mapeza wanted in Malawi
Bruce Chikuni-Sports Reporter FC Platinum coach, Norman Mapeza, could be heading to Malawi’s Silver Strikers as he has been short-listed to replace nomadic Pieter de Jongh. The Dutch mentor had…
- Herald
- January 31, 2024
- 94 views
Lloyd Mutasa tips forgotten Warrior
Bruce Chikuni-Sports Reporter Former Dynamos coach, Lloyd Mutasa, believes DeMbare’s new acquisition, Temptation Chiwunga, will be their best player in the coming season. The combative midfielder joined the Glamour Boys…
- Herald
- January 31, 2024
- 46 views
Goodbye January . . . hello February, let the music play
Tafadzwa Zimoyo–Entertainment Editor After a month-long hiatus, it is now time for the music to play once again and indeed time for the entertainment industry to rise like the proverbial…