Planned Zimbabwe carbon registry throws Belarus plan into doubt

 Bloomberg A carbon registry and exchange that planned to launch in Zimbabwe next month has thrown the fate of two million Russian offsets that a Belarusian trade associate said it…

RTG to preserve value through expansions

Tapiwanashe Mangwiro Hospitality group  Rainbow Tourism Group  said it is considering various options that are designed to increase value for shareholders through various expansion programs across all its operations. Rainbow Tourism…

Ethiopia wants to join the BRICS group of nations

The Conversation A few years ago, the Brics grouping – Brazil, Russia, China, India and South Africa – had lost salience because three of its members were in severe economic…

Forex challenges hamper Econet’s US$135 million capex programme

Oliver Kazunga Senior Business Reporter ECONET Wireless Zimbabwe says its US$135 million capital expenditure programme spread over the next 12 months has been derailed by lack of foreign currency to…

VFEX activity picks up in Q2, but ZSE slows

Business Reporter The volume and value of trades that were settled on the Victoria Falls Stock Exchange (VFEX) Depository in the second quarter (Q2) of 2023 increased by 78,52 percent…

Godongwana rebuffs ruling party call to pressure Sarb

Bloomberg South Africa’s finance minister rebuffed a call by some in the nation’s governing party for him to push the central bank to use measures other than lifting borrowing costs…

World’s worst currency flips to best, hurting Zimbabwe’s economy

Bloomberg In most countries, the currency turning from the world’s worst to best in the space of a month would be good news. Not in the largely dollarised economy of…

Botswana President Says He was Ready to Walk Away from Anglo’s De Beers

CNBC Africa Botswana’s President Mokgweetsi Masisi says he told negotiators of Anglo American unit De Beers to walk if they didn’t like the terms of the revised mining partnership with…

Zimplow starts trading on VFEX

Enacy Mapakame  Diversified engineering firm Zimplow Holdings Limited started trading on the Victoria Falls Stock Exchange (VFEX) today (Monday) following a successful migration from the Zimbabwe Stock Exchange (ZSE). A…

ZHL to concentrate on infrastructure development

 Business Writer Zimre Holdings Limited has registered a Real Estate Investment Trust (REIT)  to spearhead value creation and infrastructure development through public and private partnership projects. Chairman Desmond Matete, in…

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