Investment forum showcases US$1,5 billion green energy deals

Business Writer The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly US$1,5 billion to investors on the sidelines of the African Development Bank Group’s 2023 Annual…

New Mercedes GLC impresses with new style, tech

Pretoria —The midsize SUV segment is hot property in our market these days, with manufacturers offering a variety of options. Many, if not all of them, are based on their…

Dr Adesina calls for Zim sanctions removal

Business Writer The African Development Bank (AfDB) says the economic sanctions imposed on Zimbabwe by the West at the turn of the millennium, have caused serious suffering and it was…

Padenda gold production up 19 pc

Enacy Mapakame Diversified crocodile breeder, Padenga Holdings Limited’s gold production for the first quarter (Q1) to March 31, 2023 rose 19 percent to 541kg compared to 453kg during the same…

Stanbic champions entrepreneurship and innovativeness in SMEs

Business Writer Leading financial services institution, Stanbic Bank, is committed to empowering and developing skills of entrepreneurs and start-ups to prop up their operations. The bank’s quest to empower small…

Econet says forex auction not adequate

Tapiwanashe Mangwiro  Listed telecommunications giant, Econet Wireless, has said it is still trying to raise funds to clear its matured debentures. The US$30,3 million debt matured in April this year…

SA’s crypto providers now caught in the licensing net

News24.com Around the world, governments are moving ahead to regulate crypto assets. The South African Reserve Bank (SARB) at first merely warned the public about the volatility of the crypto…

China now Zim’s biggest source of FDI

Kudzanai Sharara in Beijing, China The People’s Republic of China has made huge inroads into the Zimbabwean economy and more investments are expected to pour in following the Zimtrade organised…

First Mutual profit hits $17,6 billion in Q1

Tapiwanashe Mangwiro Listed insurer, First Mutual Holdings, says its first quarter to March 31, 2023 profits bulked 616 percent to $17,6 billion as insurance contract revenues increased. Sheila Lorimer, First…

Call for Zimra to curb smuggling of goods

Business Writer   There is need for the Zimbabwe Revenue Authority (ZIMRA) to strengthen measures to combat smuggling of imported goods into the country as this has the potential to…

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