Trump a symptom, not cause of U.S. polarization

Source: Xinhua Editor: huaxia 2024-02-23 21:08:16 by Sourabh Gupta With a mix of alarm and dismay, observers have watched as a twice-impeached former president, who is also the first such…

Zim needs to ramp up manufacturing: AfCFTA

Oliver Kazunga Senior Business Reporter Buy Zimbabwe, an initiative to promote consumption of local products, says Zimbabwe should ramp up its manufacturing capacity to withstand competition and tap into opportunities…

ZB launches digital transformation innovation hub

Nelson Gahadza-Senior Business Reporter ZB Financial Holdings (ZBFH) has  unveiled an innovation hub to drive the group’s digital transformation journey, which will be instrumental not only in exploring and providing…

EU, Africa oil markets tighten, lending further support to futures

Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil…

Kwacha Africa’s best performing currency in 2024

Zambia’s kwacha has emerged as the top-performing African currency against the US dollar this year, boosted by the central bank’s aggressive monetary policy tightening. The kwacha has surged by 13,8…

Ethiopia imports 11pc of electricity on Kenya’s grid

Ethiopia now supplies 11 percent of the electricity consumed by Kenyans daily, growing the Horn of Africa country’s stake in local power supply. Data from Kenya Power shows imports from…

Nigeria’s economic grows faster as oil price slump ends

Nigeria’s economy grew faster than anticipated in the fourth quarter after the oil sector exited a more than three-year contraction. Gross domestic product expanded an annual 3,46 percent in the…

CFI registers strong quarterly revenue jump

Tapiwanashe Mangwiro Senior Business Reporter Zimbabwe Stock Exchange (ZSE) listed diversified agricultural concern, CFI Holdings, registered strong growth in sales volumes across key revenue drivers in the first quarter to…

Mushayavanhu pins hope on forthcoming MPS

Business Writer The forthcoming 2024 Monetary Policy Statement, will adequately deal with most of the challenges bedevilling the country’s economy and the banking sector in general, according to incoming central…

Possibility opens for IMF programme

Zimbabwe came out with a reasonable grade from the latest Article IV Mission by the International Monetary Fund earlier this month, with the mission report wanting to see the administrative,…

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