ZSE launches a national stock market index

Nelson Gahadza Business Writer The Zimbabwe Stock Exchange (ZSE) has introduced the Zimbabwe National Stock Market Index (ZNSMI), designed to track the performance of companies listed on the ZSE, Victoria…

Caledonia Mining maintains quarterly dividend policy consistency

Oliver Kazunga Senior Business Writer CALEDONIA Mining Corporation has declared a US$0,14 quarterly dividend to its shareholders for the quarter ended December 31, 2023 as the group remains consistent with…

 Shipping costs soar as war and climate risks upend trade

Bloomberg Global shippers of crude and fuels are grappling with a spike in booking costs for some tankers taking lengthy diversions to avoid disruptions at the Suez and Panama canals.…

$7bn, borehole rig boost for Bulawayo water

Sikhumbuzo Moyo, [email protected]  GOVERNMENT has availed $7 billion and a borehole drilling rig for Bulawayo as part of short to medium-term interventions to address the city’s water shortages while pushing the…

$7bn, borehole rig boost for Bulawayo water

Sikhumbuzo Moyo, [email protected]  GOVERNMENT has availed $7 billion and a borehole drilling rig for Bulawayo as part of short to medium-term interventions to address the city’s water shortages while pushing the…

Nigeria’s cash crunch returns on anniversary of failed demonetisation campaign

Bloomberg Nigerians are hoarding cash again amid memories of a failed official campaign around this time last year to demonetise high-value naira notes. Many ATMs have been unable to dispense…

US$50m buffer fund to boost farmer payments

Nqobile Tshili, [email protected] GOVERNMENT is in the process of setting up a US$50 million crop buffer fund administered by the AFC Bank to expedite payments to farmers who usually experience challenges…

US$50m buffer fund to boost farmer payments

Nqobile Tshili, [email protected] GOVERNMENT is in the process of setting up a US$50 million crop buffer fund administered by the AFC Bank to expedite payments to farmers who usually experience challenges…

Africa must stop selling land on “depreciated” carbon credit market, says report

African countries must stop selling land rights cheaply if they are to extract more value from the “tarnished and depreciated” global carbon credits market, according to a new report from…

AfDB avails US$5,32 million grant

Nqobile Bhebhe, [email protected] THE African Development Bank (AfDB) has availed a US$5,32 million grant to Zimbabwe to finance the Institutional Support for State Enterprise Reform (ISSER) project.   The principal objective…

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