China woos global drugmakers with promise of swift approvals

Bloomberg China is wooing global pharmaceutical giants with the pledge of faster approvals for innovative medicines and local production, as Beijing seeks to open its healthcare sector wider amid US…

Gold hits successive record highs ahead of expected Fed rate cut

Bloomberg Gold rose to a record high, building on a surge of nearly 2 percent on Thursday, as the dollar extended declines ahead of a widely expected Federal Reserve rate…

Experienced duo takes charge at GB Holdings

Francis Gakanje Listed conveyor belts manufacturer, General Beltings Holdings Limited has appointed Tichaona Mabeza as its chairman and Joseph Gunda as the group managing director. In a notice, the firm…

Trade balances in China, US largely driven by domestic macro forces

China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed concerns about global imbalances and fueled an intense debate on their causes and consequences, write…

‘RBZ must cough out USDs to anchor ZiG’

Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) must underwrite the process of de-dollarisation by availing sufficient foreign currency to meet the needs of importers to shield the Zimbabwe Gold…

Falling exchange rate trigger ZSE bull run

Nelson Gahadza The Zimbabwe Stock Exchange (ZSE) witnessed significant gains since Tuesday this week amid indications the rally could have been a result of investors seeking to hedge against depreciation…

Climate mitigation grows economy

Last Word Combating and mitigating climate change is moving up the priority ladder after this year’s El Niño drought and the hundreds of millions of dollars needed just to provide…

Property sector to showcase ahead of the API summit

Business Writer Zimbabwe’s real estate and property investment opportunities will be showcased at a dedicated Zimbabwe day, which is ahead of the API summit to be held in South Africa…

‘If you won’t use it, why should we? The empathy gap in business’

Tariro Manamike I often wonder if business executives and managers ever consume their own products or services. Because if they did, surely, they would realise that their offerings might need…

Risk of ‘Phantom Dollars’ forces RBZ to maintain high reserve ratios

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, has cautioned against reducing statutory reserve ratios, warning such a move could lead to the re-creation of fake…

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