Age of scarcity begins with US$1,6tn hit to world economy
The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at a frightening pace. Russia’s invasion of Ukraine and China’s Covid-19 zero…
Why countries must cooperate on carbon prices
Recent surges in food and fuel costs are hurting households everywhere. The global spike in energy prices since the conflict in Ukraine underscores the need to transition away from dependence…
Are pension funds delivering on their promise?
Tawanda Musarurwa Purpose. A simple word that carries so much meaning. Simply defined, purpose is the reason for which something is done or created or for which something exists. Largely…
Tongaat Hulett chair resigns
Embattled sugar producer Tongaat Hulett has announced the resignation of its chair Louis von Zeuner. The company said on Thursday that he advised the board he was not available for…
Afdis revenue jumps 81 pc
Enacy Mapakame Wines and spirits maker, Afdis’ revenue for the year to March 31, 2022, rose 81 percent to $8,7 billion compared to $4,8 billion recorded in the nine months…
Bentley Continental GT Speed: Proverbial iron fist in velvet glove
Speed. It’s a term that’s all too often associated with reckless hooliganism, which almost lends a tinge of irony to the badge on the back of this Bentley. Speed should…
Stanbic’s wine tasting festival resumes after two-year Covid-19-induced break
Business Writer Stanbic Bank Zimbabwe’s exclusive annual Wine, Gin and Craft Beer Festival resumes this week after a two- year break caused by the Covi-19 pandemic. The annual Wine Testing…
Legacy debts weigh on Hwange Colliery profits
Tapiwanashe Mangwiro The country’s largest coal miner and Zimbabwe Stock Exchange listed Hwange Colliery Company (Hwange), says legacy debts weighed on its profitability due to exchange rate related issues, the…
Govt beefs up fuel stocks as world markets shack
Business Writer Government has moved to beef up national fuel stocks with a US$40 million facility set aside for the past six months to maintain levels covering 30 days, according…
Firm plans US$100m cement plant
Business Writer ONE of Zimbabwe’s emerging cement producing companies, Livetouch Investments, located in Redcliff near Kwekwe, plans to inject over US$100 million into the construction of a second manufacturing plant…











