Zimplats records 9pc increase in 6E production

Nelson Gahadza Platinum group metals (PGM) producer, Zimplats, says the combination of improved milling, grade and recovery resulted in a 9 percent increase in six-element (6E) metal in final product…

BRICS to expand to 11 countries next year

Business Writer BRICS countries have decided to invite six more nations to become full members of BRICS, South African President Cyril Ramaphosa told a media briefing yesterday. Before the latest…

Investing amidst persistent uncertainty

2023 is proving to be a year that no one anticipated, with global equity markets — led by the US — producing returns that few saw coming. In fact, at…

CTC receives five mergers in Q2

Oliver Kazunga The Competition and Tariff Commission (CTC) received five propositions by companies for merger approval in the second quarter to June 30, 2023 as firms seek to consolidate their…

Polls cripple July exports

Tapiwanashe Mangwiro Zimbabwe’s trade deficit for the month of July 2023, doubled to US$179,6 million, a 56,6 percent rise from US$85,1 million recorded in June 2023. This came as the…

I’m upset and hurt: Streak

Zimbabwean cricket star Heath Streak said he was “very upset and hurt” by the rumours of his sudden death that swept the internet on Wednesday. The cricketing world was left…

Exploring breach of contract

Arthur Marara A contract in terms of the law creates rights and obligations as between the parties. It is a fundamental premise of every contract that both parties will duly…

EcoSure customers migrate to US dollar denominated policies

Nelson Gahadza EcoSure, a subsidiary of EcoCash Holdings Limited Zimbabwe, has seen about 35 percent of its clients migrate to US dollar policies as they seek to hedge against value…

‘Gold-backed tokens to solve small change crisis’

Business Writer The Gold-Backed Digital Tokens (GBDTs) will solve small change crisis, especially when buying using US dollars and there is a huge opportunity that authorities can exploit, supplemented by…

The prisoner’s dilemma

Blessing Nyatanga Introduction By definition, the prisoner’s dilemma is a contradictory situation in which two parties acting in their own self-interests do not produce an optimal outcome. This concept was…

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