March private sector credit skewed towards agriculture

Business Writer Agriculture dominated private sector credit in March as farmers geared up for winter wheat planting and summer crops harvesting, according to the Reserve Bank of Zimbabwe (RBZ) latest…

Distributed Power Africa and EDF extend partnership to South Africa

Business Writer Distributed Power Africa (DPA), a business owned by Cassava Technologies and Électricité de France (EDF), a world-leading electricity company, entered into a partnership to develop hybrid energy solutions…

Resolution nears for frozen Old Mutual, PPC

Business Writer Significant progress has been made in resolving the ban of the trading of shares of Old Mutual Limited and PPC on the Zimbabwe Stock Exchange (ZSE). In March…

Govt to ring-fence carbon tax revenue

Enacy Mapakame Government is developing a legal framework that would ring-fence funds collected from carbon tax to ensure the money is spent on climate-specific issues, according to an official. The…

Equities remain flat as cautious investors watch 

Business Writer Equities remained virtually flat on Friday as investors remained cautious amid currency weakness and policy flip flop. Market breadth, a barometer for measuring investor’s sentiment towards trade, was…

No to interest rates hike, Mthuli

Business Writer Government did not respond to speculative borrowing from banks by hiking interest rates to avoid penalising innocent borrowers and triggering non-performing loans (NPLs), according Finance and Economic Development…

Going round in circles

Clifford Shambare On 9, May 2022, I happened to watch a programme where Tendai Munengwa of ZBC was interviewing the Reserve Bank of Zimbabwe Governor, Dr John Mangudya, on the…

Going for a united exchange rate?

Last Word A lot of people, almost 88 percent of the respectable and rules and law-abiding bidders on this week’s foreign currency auction at the Reserve Bank of Zimbabwe (RBZ),…

2022 PGA Championship odds, picks: Tiger Woods predictions from model that nailed Masters finish

Golf legend Tiger Woods is part of the 2022 PGA Championship field at Southern Hills Country Club Fifteen former PGA Champions will play in the 2022 PGA Championship, which gets…

‘It Doesn’t Drag On’

Naomi Osaka, the Japanese tennis ace, is a four-time Grand Slam champion. The 24-year-old achieved the ranking of World no.1 in January 2019. Further up till now, she has seven…

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