Juwi to start developing 1GW of SA projects in 2023

Bloomberg Juwi GmbH, a German renewable energy plant developer, plans to start developing 1 000 megawatts of wind, solar and so-called hybrid power plants in South Africa this year. The…

Transform Africa Summit to enhance continent’s digital transformation

Michael Tome and Malvern Nkomo ZIMBABWE is geared to host the sixth Transform Africa Summit (TAS), as the continent continues to seek ways of enhancing Africa’s digital transformation across multiple…

Masenda tipped as front runner to head Cottco

Business Writer Admire Masenda, the chairman of the Zimbabwe Textile Manufacturers Association is among the potential candidates shortlisted to assume the role of chief executive of The Cotton Company of Zimbabwe (Cottco),…

GetBucks continues delisting journey

Tapiwanashe mangwiro GetBucks Financial Services which is currently in negotiations for US$5 million to enable the bank to meet required minimum threshold set by the Reserve Bank of Zimbabwe (RBZ)…

Experts call for waste management incentives

Tapiwanashe Mangwiro Senior Business Reporter Experts have called for authorities to increase incentives for those who invest in waste management technology and services. Plastic recycling rates remain low and stagnant…

Alibaba splits into six units that may pursue individual IPOs

Bloomberg Alibaba Group Holding plans to split its US$220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public…

World Bank warns of ‘lost decade’ as potential growth slows

Bloomberg The global economy’s potential growth through the end of the decade has slowed to the weakest in 30 years, the World Bank said, citing fallout from the coronavirus pandemic…

Coinbase calls for efforts to create inflation-proof stablecoins

Bloomberg US crypto exchange Coinbase Global encouraged developers working on its new blockchain to focus on how to create stablecoins that track the rate of inflation to preserve purchasing power.…

SA’s maize harvest seen 2.65% higher this year

Reuters SA farmers are expected to harvest 2.65 percent more maize in the 2022/2023 season compared with the previous season, the government’s Crop Estimates Committee (CEC) said on Tuesday. The…

Ramaphosa asks ports operator for plan to end logistics crisis

Bloomberg South African President Cyril Ramaphosa directed executives of state-owned rail and port operator Transnet to come up with a plan to end the nation’s logistics crisis. The embattled company…

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