adminSA supermarkets spend US$1bn on diesel for power
During the latter part of 2022, the country’s two largest supermarket groups – Shoprite and Pick n Pay – spent a combined R906 million on diesel for generators at stores.…
Stocks tumble, yields climb on Fed rate hike jitters
Asian equities tumbled, Treasury yields pushed higher and the dollar extended gains as hawkish rhetoric from Federal Reserve Chair Jerome Powell hurt global appetite for risk taking. A gauge of…
Eskom to miss target to boost power output
South Africa’s state power utility will miss a target to boost output from struggling coal-fired plants by the end of March, highlighting the poor state of equipment whose viability is…
The difference between fraud and theft
Godknows Hofisi Businesses face the risk of fraud, theft or both from employees or third parties. If one reads stories under Crimes and Courts it is common to read about…
Central bank to retain old inflation gauge for rate decisions
Zimbabwe’s monetary authority won’t switch to using a new inflation gauge to determine interest rates, despite the statistics agency having adopted it as its main price reference, an official said.…
March commodity prices
Agriculture Commodity Prices – Mbare Market 08 March 2023 Product Description Price Potato/Pocket Chat US$2.50- US$3 Small US$3 Medium US$4-US$5 Large US$5.50-US$6 Extra large US$6.50-US$7 Tomatoes 30kg sandak US$10-US$18 Wooden…
Release the US$60m tobacco seed fund, Govt tells Treasury
Edgar Vhera Agriculture Specialist Writer THE Government has ordered Treasury to release the US$60 million tobacco funding facility approved under the Tobacco Value Chain Transformation Plan (TVCTP) in 2021 and is…
‘Field schools equip farmers with knowledge for maximum production’
Online THE Government is looking to establish farmer field schools in all of the country’s 35 000 villages to easy extension service provision as part of efforts to bridge the…
Demand for solar loans grows, says Nedbank
Nelson Gahadza Senior Business Reporter Nedbank Zimbabwe says it has seen increased demand for solar financing and renewable energy initiatives by corporates in Zimbabwe in order to counter power challenges. The…
