Government unveils plan to plug 2025 budget deficit

Business Reporter The Government has outlined a raft of measures including increased taxation, asset sales, and the issuance of new securities in order to plug the projected 2025 budget deficit.…

African economic expansion need not threaten global carbon targets

The Conversation Africa contributes only about 4% of the world’s greenhouse gas emissions. The continent consumes the least energy for each person, compared with other regions of the world. With…

South Africa infrastructure spend plans soar as energy woes ease

Bloomberg The value of South Africa’s planned investment projects increased sharply in the first half of 2024, boosted by sustained electricity supply, easing logistical constraints and slowing inflation, according to…

Notable shifts in the US political and economic landscape

Moneyweb As August unfolds, a surprising shift in the US political and economic landscape has captured the attention of both voters and investors. According to a recent poll by the…

SADC, BASEA to hold investment forum for priority projects

Business Writer/NewZiana The Southern African Development Community (SADC) and the Arab Bank for Economic Development in Africa (BADEA) will on Wednesday hold an investment forum in the capital aimed at…

Trades balloon in the market, Chengetedzai

Business Writer The market is currently experiencing increased trading and hopes are high that volumes will continue to persist, according to Chengetedzai Depository Company (CDC). CDC in its operating update for June…

ZimTrade to host expanded annual exporters conference

Zimbabwe’s national trade development and promotion agency, ZimTrade plans to host an expanded annual exporters conference in Bulawayo in October this year, an official has said.  The event, previously a…

Unrelenting borrowing pushes Zimbabwe to edge

Business Writer Zimbabwe is teetering on the brink of a debt crisis as the country’s borrowing binge shows no signs of slowing down, economists have warned. According to official figures,…

Government initiates Hwange Units 9 and 10 power projects

Business Writer Government has initiated the development of Hwange Units 9 and 10 as part of efforts to enhance the country’s energy matrix, it has been learnt. This comes as the country’s…

Corporate rescue scheme for Truworths Limited

Business Reporter Truworths Limited has been placed under corporate rescue due to solvency issues but will remain listed on the Zimbabwe Stock Exchange (ZSE) under voluntary suspension up until exit…

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