Rise in food prices impoverishes 50 percent of citizens

Business Writer Putting food on the table is becoming increasingly difficult for Zimbabweans, with a staggering 56 percent of households reporting an unsustainable spike in the prices of essential commodities,…

Trump’s anti-environment blueprint ‘horrific’

The United States’ first major climate legislation dismantled, a crackdown on government scientists, a frenzy of oil and gas drilling, the Paris climate deal not only dead but buried. A…

Khaya Cement faces going concern uncertainties

Business Writer Khaya Cement, formerly Lafarge Cement Zimbabwe, finds itself navigating a precarious financial situation, raising concerns about its ability to continue operations as a going concern. This uncertainty stems…

WestProp transforms property landscape

Business Writer The introduction of penthouses by WestProp Holdings Limited is changing the property landscape in Harare that for years had a limited stock of luxury dwellings. The existing penthouses…

Subdued commodity prices stifling forex auction market

Economy Uncensored with Tapiwanashe Mangwiro The exchange rate between the Zimbabwe dollar and the US dollar has been on a free fall in the first weeks of 2024, and people…

Importance of financial statements to investors

Bryan Nyakabawo Financial Statements, also known as (FS), are comprehensive reports that are prepared and published by a company to inform different stakeholders of their financial performance and position. They…

ExxonMobil takes legal hammer to climate shareholder groups

ExxonMobil’s market capitalisation exceeds US$400 billion. Follow This, a Dutch climate activist group, controls shares in the oil supermajor that at last count were worth less than US$4 000. Follow…

Forex rate disparity pressures remain a threat to price stability

Nelson Gahadza The foreign exchange rate disparity between the formal and alternative markets remains a key negative externality, propelling continued cycles of inflationary pressures and driving price increases in both…

Invictus opens Entitlement Rights Offer to eligible shareholders

INVICTUS Energy says its entitlement rights offer launched towards the end of last month is now open to all eligible shareholders. The Australian headquartered firm which is scouting for oil…

An insight into roof systems

Engineering and Construction Matters With Innocent Chatikobo Roof system refers to the component of a roof including but not limited to covering, framing, insulation, sheeting, ventilation and weatherproofing. It includes…

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