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Limited domestic funding forces Zim banks to seek expensive foreign capital
Limited domestic funding forces Zim banks to seek expensive foreign capital

Nelson Gahadza Zimbabwe’s local banks are increasingly turning to expensive external credit lines to meet their funding needs, as domestic resource mobilisation remains constrained by legacy issues and a limited…

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Brics and the future of the dollar
Brics and the future of the dollar

Several clients have asked about the risk the Brics nations (Brazil, Russia, India, China, and South Africa) pose to the US dollar. There’s a fear that the USD is losing…

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Upgraded Beijing X55 lands in SA
Upgraded Beijing X55 lands in SA

BAIC South Africa has launched the Beijing X55 Plus in South Africa, which is an upgraded version of X55 that was first introduced in late 2022. Revealed at the Festival…

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Authorities approve EcoCash’s share distribution to foreign shareholders
Authorities approve EcoCash’s share distribution to foreign shareholders

Business Writer EcoCash Holdings has announced that exchange control authorities from the Reserve Bank of Zimbabwe have approved the distribution of the consideration for the Scheme of Reconstruction to foreign…

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US$151m to boost climate resilience in horn of Africa

The Green Climate Fund has approved US$151 million in financing for a major resilience programme supported by the African Development Bank to address climate vulnerability in the Horn of Africa.…

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Sustained economic growth hinges on productivity gains as populations age
Sustained economic growth hinges on productivity gains as populations age

“Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of Diminished Expectations, “but in the long run it is almost everything.” Productivity is a foundation of prosperity.…

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EV or gas car: What’s more cost-effective to own in the long run?
EV or gas car: What’s more cost-effective to own in the long run?

If environmental impact were your only consideration when car buying, the choice between an electric vehicle (EV) and a gas vehicle would be easy. But for many buyers, there is…

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The illusion of qualifications: Why degrees don’t always equate to skills
The illusion of qualifications: Why degrees don’t always equate to skills

Peace Sithole In today’s competitive job market, the emphasis on educational qualifications has never been stronger. Degrees and certificates have become the benchmarks of professional competency, leading many to believe…

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Golf’s new groove: The swing towards fashion, luxury and a youthful edge
Golf’s new groove: The swing towards fashion, luxury and a youthful edge

This shift is marked by the emergence of luxury golf resorts, trendy apparel brands, and celebrity endorsements, all adding a new level of excitement and appeal. As the sport evolves,…

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Gold continues fall as traders take stock after market slump
Gold continues fall as traders take stock after market slump

Bloomberg Gold edged lower for a fourth day as investors took stock following a broad sell-off that rattled equity and commodity markets, with the weakness stoked by concerns about economic…

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