daniel chigunwe
- Herald
- March 6, 2024
- 46 views
Gold holds above US$2100 amid hopes of US rates easing
Gold purchases from central banks led to last year’s surge, with purchases exceeding 1 000 tonnes for two consecutive years Gold prices held above the US$2 100 level yesterday, near…
- Herald
- March 6, 2024
- 191 views
US$1,5bn steel plant ready by June
Oliver Kazunga Senior Business Reporter THE US$1,5 billion steel plant completed recently in Manhize near Mvuma is expected to commence operations by June this year and has started mobilising raw…
- Herald
- March 6, 2024
- 73 views
Dangote moves to solidify control of oil refinery
Aliko Dangote, Africa’s richest man is looking to set up an oil trading arm, probably based in London, to operate the crude and product supplies for his new refinery in…
- Herald
- March 6, 2024
- 42 views
Caledonia sees reduced profits due to higher costs
Enacy Mapakame Victoria Falls Stock Exchange (VFEX) listed mining firm, Caledonia Mining Plc has forecast depressed full-year profitability weighed by increased operating costs at its Gwanda-based Blanket Mine, consisting of…
- Herald
- March 6, 2024
- 279 views
Nedbank reaffirms commitment to Zimbabwe
Nelson Gahadza Senior Business Reporter The Nedbank Group says Zimbabwe remains a key market of focus for the financial services provider and is expected to sustain the firm’s growth in…
- Herald
- March 6, 2024
- 55 views
El Niño drought could weigh on cotton output
Business Reporter Zimbabwe’s cotton output is likely to be lower this year due to a combination of factors, including inputs-related distribution challenges and the effects of drought, a farmer organisation…
- Herald
- March 6, 2024
- 104 views
Platinum’s ‘worst crisis’ means more job losses in SA
South Africa’s platinum producers are in crisis, as slumping metal prices force jobs cuts and erode profits. The nation’s platinum sector — which accounts for about 70 percent of global…
- Herald
- March 6, 2024
- 188 views
Application for setting aside arbitral award
Godknows Hofisi In recent weeks I have written several articles on arbitration including commercial arbitration based on the Arbitration Act (Chapter 7:15) which incorporates the Model Law on arbitration. In…
- Herald
- March 6, 2024
- 57 views
Ethiopian Airlines makes history as first African buyer of Boeing 777X
Ethiopian Airlines, the largest carrier in Africa, has reached an agreement to purchase up to 20 of Boeing Co.’s 777X aircraft, providing the coming jet with an important endorsement from…
- Herald
- March 6, 2024
- 54 views
Bezos surpasses Musk, retakes world’s richest person crown
With a US$200 billion fortune, Amazon founder Jeff Bezos has surpassed Elon Musk to once again become the world’s richest person. According to data from Bloomberg, Bezos’ fortune eclipsed Musk’s…