New Fiat 600 electric crossover’s retro design revealed

Fiat has yet to officially announce its new 600 to the world, but the new crossover has been sneakily revealed via a YouTube video. The video was made for the…

Nigeria floats currency ending years of foreign exchange controls

CBNC Africa Nigeria is expected to float its naira currency later today, fulfilling one of President Bola Tinubu’s key election pledges, two weeks after taking office. FIM Partners’ Head of…

Bank’s credit extension under threat from economy – Zimnat

Business Reporter Zimbabwe’s banks will limit credit availability owing to unfavourable rates and rising inflationary pressures, a Zimnat report shows. Policymakers recently decided to increase the bank policy rate from…

Zimbabweans hit by rising prices as local currency plummets

Reuters Zimbabwean businesses and households are fearing a repeat of the hyperinflation seen more than a decade ago as prices of basic commodities spike after a sharp weakening in the…

DRC’s Haut-Lomami Province court Zim firms

Business Reporter Zimbabwean agro, real estate, and construction firms have been urged to pursue business opportunities in the Democratic Republic of Congo’s (DRC) Haut-Lomami Province as it seeks to grow…

High Court to hear Telecel corporate rescue case

Business Writer The High Court (Commercial Division) has set June 27, 2023, for hearing the application by Telecel Zimbabwe employees, through a workers union seeking to place the company under…

Liquid new terrestrial fibre route

Businesses in the COMESA region including Zimbabwe are set to benefit from seamless data connectivity after Angola Telecom and Liquid Dataport, a division of pan-African technology company Liquid Intelligent Technologies…

Shisa Nyama index shows SA food inflation is easing

Bloomberg Food prices in South Africa continue to increase at a startling rate, although the pace of acceleration is easing and possibly faster than is reflected in the official data…

Tinubu pledges to build roads after scrapping Nigerian fuel caps

Bloomberg Nigeria’s new president pledged to invest in infrastructure projects in a bid to placate residents after scrapping expensive fuel subsidies. Gasoline prices almost tripled after President Bola Tinubu removed…

Russia metal boss taps VW, Glencore on $1bn mine SPAC deal

Bloomberg Russian metal industry veteran Artem Volynets’ blank check firm is nearing a US$1 billion deal to buy two Brazilian mines, in a bid to tap demand from electric-vehicle makers,…

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