2023 to be hottest year on record after ‘extraordinary’ November

This year will be the hottest in recorded history after an “extraordinary” November became the sixth record-breaking month in a row, Europe’s climate monitor said Wednesday, piling pressure on the…

Companies lean against USD sales for survival

Nelson Gahadza Zimbabwean businesses in 2023 experienced two different operating environments, which resulted in companies remodelling their operating models to favour stable US dollar sales to cushion against balance sheet…

Local financing, key to Sadc energy solutions

Nelson Gahadza Southern Africa’s energy solutions lie within its borders, requiring cooperation and support from regional finance institutions, experts have said. Most Southern Africa Development Community (SADC) member state economies…

Designing Zim’s start-up ecosystem

Nokuthula G Moyo-Muparuri In the quest to design our own home grown start-up ecosystem, last week I wrote about policy design. This article will go into detail on how we…

Stock Market Weekly Review

Business Reporter The Zimbabwe Stock Exchange (ZSE) All Share index closed 3,65 percent weaker at 191 217 points during the week ended December 20, 2023. Similarly, the ZSE Top 10…

Zim internet adoption doubles since 2015

Business Writer Almost half of Zimbabwe’s adult population now uses mobile internet, doubling since 2015, a global telecom operators’ body GSMA report shows. This doubling in adoption rates is a…

Forensic Accounting: An indispensable deterrent against theft

Dr Kudzanai Vere In an era characterised by rapid technological advancements and complex financial transactions, the spectre of fraud looms large over businesses and economies worldwide. Fraudulent activities not only…

Five strategies for competitiveness

Arthur Marara Continued from last week Strategy Four: Competitive Analysis: Predators constantly keep a watchful eye on their potential prey, studying their behaviour, weaknesses, and patterns in a never-ending quest…

Currency instability erodes Edgars’ sales

Michael Tome EDGARS Stores Limited, says its unit sales receded 2,4 percent year on year to October on the back of currency instability experienced in the second quarter of 2023.…

Man shot dead near England cricket team’s Trinidad hotel

A man has been shot dead near the England cricket team’s Trinidad hotel. England and the West Indies are midway through a T20 series, and the final two matches are…

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