‘Structured currency a potential game changer
Business Reporter THE Government will soon introduce the structured currency, announced by President Mnangagwa when he addressed the first Cabinet meeting in February this year, a medium of exchange authorities…
OK Zimbabwe launches Grand Challenges promotion
Michael Tome Business Reporter OK Zimbabwe Limited, yesterday launched the 2024 edition of the OK Grand Challenge with US$1 million worth of prizes up for grabs. Launched at OK Mart…
Top 10 African billionaires on Forbes’ 2024 global wealth ranking
Aliko Dangote continues to hold his title as Africa’s wealthiest man with a current net worth of US$13,4 billion, now ranking 144th globally. His financial empire is rooted in Dangote…
Nigeria to triple energy prices, keep subsidy for poor
Nigeria plans to almost triple energy prices within weeks, people in the presidency with knowledge of the matter said, in a bid to attract new investment and slash about US$2,3…
Legal due diligence in mergers and acquisitions
Godknows Hofisi Due diligence is a review or assessment performed to confirm the presence or absence of certain factual issues under investigation. Put differently, it looks at risks and opportunities…
Mash Central bags targeted projects
Fungai Lupande Mashonaland Central Bureau Mashonaland Central has received US$1 750 million from Treasury towards the construction of four major dams expected to turn the province into a green belt.…
Local platinum producers call for review of forex retention threshold
Business Writer Zimbabwe’s platinum companies are lobbying for an increase in the amount of foreign currency they can retain from their earnings, it has been learnt. This request comes amidst…
Standard Chartered Zimbabwe sale to FBC Holdings nears completion
Business Writer The acquisition of Standard Chartered Zimbabwe by FBC Holdings is on track and is expected to be finalised by June of this year, according to a statement released…
BAT in full year 2023 volume decline
Business Writer British American Tobacco (BAT) reported a 5 percent decline in total volume, marking a shift from 1,054 million sticks to 1,003 million sticks compared to the previous year, …
Econet’s reunion with EcoCash’s fintech businesses a strategic move
Business Writer Zimbabwe Stock Exchange listed entity, Econet Wireless Zimbabwe (Econet), has released more details of its intention to reacquire the financial technology (fintech) businesses it demerged to EcoCash Holdings…










