Saudi Arabia to start South African meat imports

Saudi Arabia will start importing South African beef and lamb products as part of an investment push into the continent’s most developed economy. The kingdom’s Food and Drug Administration lifted…

China is ramping up stimulus to boost market confidence

Expectations for more support from China to boost its economy and stock markets are rising— especially after the central bank’s easing announcements on Wednesday. Starting Feb. 5, the People’s Bank…

Chinhoyi University of Technology blossoms into an export powerhouse with ZimTrade’s helping hand

Business Writer Chinhoyi University of Technology (CUT), once solely focused on education, is now making waves in the world of international trade thanks to a fruitful partnership with ZimTrade, Zimbabwe’s…

Fidelity Growth Fund sees impressive gains in 2021

Tapiwanashe Mangwiro The Fidelity Growth Fund had a good outing last year as it recorded gains of 494.16 percent during the period under review. According to the Securities Exchange of…

I cent per share for Tongaat shareholders as new deal whittles value

Moneyweb Tongaat Hulett’s thousands of shareholders should sell their shares in the financially-hamstrung  suspended JSE-listed sugar producer and property developer – even for 1 cent per share – to limit…

Prices of most goods skyrocket 

Business Writer The prices of most goods and services in formal retail shops and wholesale have doubled in the past two weeks after the Zimbabwean dollar plunged against major currencies,…

Far East propels Zim’s tobacco exports

Business Writer In just three weeks into 2024, Zimbabwe has exported about 22 million kilogrammes (kg) of tobacco worth US$146 million, according to the latest figures from the Tobacco Industry…

Ward appointed acting CEO of African Sun

Business Writer Victoria Falls Stock Exchange (VFEX) listed hospitality group, African Sun, has appointed Lawrence Ward, as the group’s acting chief executive officer (CEO) with effect from January 20, 2024.…

RBZ allots US$16 million in December 2023

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe allotted US$16.1 million in December 2023 as it continued to support the economy through the foreign currency auction market. “The sum of US$3…

Fall armyworm reported in four provinces

Over 160 hectares have been invaded by the African armyworm in four provinces so far this year, according to Shingirayi Nyamutukwa, acting director responsible for migratory pests in the Ministry…

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