Buffett-backed BYD jumps ahead of Tesla in battery metal push

Bloomberg China’s BYD Co. is once again the largest shipper of electric vehicles in the world’s top market, after rivals including Tesla Inc. were disrupted by Shanghai’s lockdown. The Warren…

Even R350 in support from family will disqualify SA’s poor from SRD grants

Fin24 The department of social development says that anyone who receives R350 in financial support from a family member will be excluded from the social relief of distress (SRD) grant…

Biden to use exec action to spur solar projects hit by probe

Bloomberg President Joe Biden will use executive action on Monday to help bridge a solar panel supply gap and kickstart stalled US projects after an investigation froze imports from key…

ZSE bounces to a positive weekly close

Business Reporter ZIMBABWE Stock Exchange (ZSE) mounted a strong recovery last week as it bounced back into the black driven by heavyweight counters. This week, the market saw four of…

Better product availability boosts Medtech

Business Reporter Medtech Holdings says sales volume for the year ended December 31, 2021 increased by 110 percent largely driven by less stockouts and a reduction in competition from grey…

Fidelity Life says GDP growth target unlikely

Business Reporter Fidelity Life Assurance says it does not see the 5,5 percent Government’s GDP growth target as a reality due to a poor rain season and the effects of…

Enforcing competition would ease food price hikes

The Conversation Small and medium-scale farmers and agri-businesses in east and southern Africa are getting a raw deal. To succeed they need fair and integrated regional markets. Research by the…

African countries need tighter controls to curb growing tobacco use

The Conversation Average global smoking rates have fallen over the past 12 years with the proportion of people aged 15 or older who smoke declining from 22.6% in 2007 to…

‘Local is king’: Africa’s online platforms take on Silicon Valley

Reuters Plan a funeral, call out corruption or start a business – tough jobs all now made easier by a generation of tech-savvy Africans tackling local problems beyond the grasp…

Forex auction backlog: RBZ misses target

Business Writer The Reserve Bank of Zimbabwe is working “frantically” to clear the foreign currency auction backlog running into tens of million, but has missed end of May target set…

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