ZiG can succeed if RBZ, banks adopt DLT

Business Writer The Zimbabwe Gold (ZiG) has potential to thrive, but there is a need for the apex bank and financial institutions to use cutting-edge technologies like Distributed Ledger Technology…

General Beltings records marginal volumes decline

Enacy Mapakame Conveyor belts supplier, General Beltings (GB) Holding Limited total volumes for the year to December 31, 2023, came in at 921 metric tonnes, representing a 2,5 percent slowdown…

Most large Zimbabwean firms not ready for AfCFTA

Business Writers HALF of Zimbabwe’s large firms are not ready to compete in the Africa Continental Free Trade Area (AfCFTA), sparking fears the country might become a supermarket for products…

RBZ pumps brakes on mandatory ZiG fuel sales, prioritises market acceptance

Business Writer The Reserve Bank of Zimbabwe (RBZ) has opted against forcing fuel dealers to transact in the newly-introduced Zimbabwe Gold (ZiG) currency despite many seeing it as a key…

A return to a savings culture is needed

Once people are satisfied that the ZiG will remain roughly stable in value, the opportunities arise for a return to a whole pile of practices that were wiped out during…

Zim’s ZiG currency revolution: Navigating financial reporting in a new era

Retired Major Silibaziso Zhou In a bold move to stabilise its economy and foster financial independence, Zimbabwe has introduced a unique approach by adopting gold backed currency called the Zimbabwe…

‘We are energy nerds’

When Kevin Wood’s local utility started offering customers money in exchange for using less electricity, the father of one had a battle on his hands. Wood, who lives in Hampshire…

Legal areas to look out for SMEs

Arthur Marara Part 1 In the complex and rapidly evolving landscape of small business operations, navigating the myriad of legal requirements and considerations is paramount for success. From structuring the…

Huawei’s smart power solutions for commercial, industrial and residential areas

The Solar & Storage Live Africa 2024 exhibition saw Huawei launch its new smart ‘PV+ESS’ systems – incorporating its range of solar photovoltaic (PV) products and energy storage solutions (ESSs)…

Auditors board in messy licensing row

Golden Sibanda The Public Accountants and Auditors Board (PAAB) is embroiled in a bruising wrangle with two clients that sought to register as a firm, but had their application turned…

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