adminRand gains; analyst thinks it had looked undervalued
The rand gained strongly on Tuesday, with one analyst saying it had looked undervalued after year-to-date losses and citing support from rising prices for precious metals, a key South African…
Inaugural Zim Institutional Investor forum on cards
Business Reporter MNC Capital Group will next week host the inaugural Zimbabwe Institutional Investor Forum in Harare to present various investment opportunities in the country to local and foreign investors.…
Elon Musk’s satellite internet firm enters Kenya
Elon Musk’s satellite internet firm Starlink has operationalised services in the Kenyan market, setting the stage for intensified competition with local players including Safaricom, Jamii Telecommunications Limited and Zuku. The…
Nigerian battles to close naira-rate gap
Nigeria’s official currency exchange rate is once again widening a gap with the parallel-market rate, shrugging off a brief convergence spurred by central bank actions. The naira closed at 743…
Joint ventures on farms through offer letters
Godknows Hofisi It is common to find a person who is not a landholder of a farm looking for bigger land on which to carry out some farming business such…
ART retools Eversharp to drive volume growth
Business Reporter Eversharp, a leading manufacturer of ballpoint pens, rulers and markers in Zimbabwe says it has invested in increasing production capacity, which will in future help avoid product supply…
Datvest ETF seeks to exploit market swings
Business Reporter Datvest says its Modified Consumer Staples Exchange Traded Fund (Datvest ETF), which is listed on the Zimbabwe Stock Exchange (ZSE), is well-positioned to take advantage of market swings…
Nestle increases local sourcing in South Africa
Swiss food company Nestle said on Tuesday it would be locally sourcing over 40 percent of raw materials for a new processing plant in South Africa to offset supply chain…
Lorraine Mugariri’s show turning heads
She has effectively revolutionised the art of podcasting in Zimbabwe.
EDITORIAL COMMENT : Civil service new pay scale a significant advance
Civil servants are now back on living pay packages, and when salary, allowances and the new US dollar linked allowances are totalled, the poorest paid civil servant must now be earning close to the equivalent of the US$540 of October 2018 that seems a standard for civil service unions.