China’s mega-grocers turn to an upstart to win back shoppers
Bloomberg France’s Carrefour SA has shut more than 140 mainland stores, leaving just four remaining outlets, and the UK’s Tesco PLC has exited entirely. Traffic-driving membership chain Sam’s Club is…
Kavango Resources plans to list on VFEX
Oliver Kazunga THE Southern Africa-focused metals and exploration firm, Kavango Resources plc, has announced the intent to list on Zimbabwe’s United States dollar-denominated Victoria Falls Stock Exchange. Kavango, which is listed…
Nestle wins US15.9 million tax dispute against Zimra.
Business Writer THE legal battle between Zimra and Nestlé Zimbabwe, a subsidiary of the Swiss-headquartered food firm, over assessments for income tax between 2009 and 2013 amounting to US$15.9 million,…
Dinson Iron and Steel can be SADC’s flagship project, Xu
Business Writer Dinson Iron and Steel Company chairman, Benson Xu, painted a rosy picture of the company’s progress and its role in Zimbabwe’s industrialisation drive during a tour of the…
Weak consumer spending impacts CFI Holdings margins
Nelson Gahadza CFI Holdings says falling consumer spending power and new tax measures which took effect from 1 January 2024 put additional pressure on sales volumes and operating margins.
TotalEnergies quits ‘too challenging’ SA gas finds
TotalEnergies SE has quit its gas-condensate discoveries off the tip of South Africa, in a blow to a country that’s planning to use more of the fuel for power production.
Barcelona sets heat record as London records hottest day of the year
Barcelona recorded its hottest ever day as a heat wave engulfs Spain, while London saw its highest temperature so far this year. Spain’s second-biggest city reached 40C (104F) Tuesday, breaking…
Brics: India to allow private sector investment in nuclear energy for first time
On Monday July 29, energy and electricity minister, Dr Kgosientso Ramokgopa addressed the media in regard to the ever rising electricity prices in South Africa.
Major policy shifts required for decarbonisation
The Presidential Climate Commission’s (PCC) inaugural assessment of South Africa’s climate action has revealed an alarming stagnation in progress despite strong commitments and public support.
Cleaning, maintaining your airfyer
Air fryers have become a staple in many kitchens due to their ability to prepare healthier meals with less oil, while still providing that desired crispiness. However, like any kitchen…


