Moyo case: High Court rules in favour of Old Mutual boar

Bloomberg The Gauteng Local Division of the High Court on Monday dismissed, with costs, former Old Mutual CEO Peter Moyo’s application to have Old Mutual non-executive directors declared delinquent and…

CABS to offer nostro accounts for NGOs

Jennifer Mufamba Listed financial services giant, CABS, has introduced a nostro offering for Non-Governmental Organisations (NGOs) or development organisations to provide a truly dedicated service to this sector. CABS said…

US$100 million gold lost through smuggling

Business Writer The country is reportedly losing an estimated US$100 million per month through gold smuggling and Government needs to tighten screws on gold mobilisation facilities in order to curb…

56 pc of MSMEs financially excluded

Business Writer About 56 percent of Zimbabwe’s Micro, Small and Medium Enterprises (MSMEs) are financially excluded from the formal financial system largely on issues related to compliance with registration and…

Why South African wheat prices are hitting record highs

Lameez Omarjee Grain prices are skyrocketing amid expectations of tightening supplies. Grain prices are skyrocketing on the back of supply shortage fears, and consumers will likely be paying more for…

Industry frets over decision to open borders

Oliver Kazunga Industrial players say the country’s manufacturing sector capacity utilisation is now under threat again due to detrimental effects that come with recent government directive to open borders to…

Bakers Inn takes delivery of 50 trucks

Business Writer BAKERS Inn has taken delivery of 50 distribution trucks from a local car dealer, ZIMOCO, as the bread maker moves to grow its supplier network across the country.…

Zim mining sector in growth trajectory  

Business Writer Zimbabwe’s mining sector is expected to grow in 2022 alongside its regional peers in the Democratic Republic of Congo, South Africa and Zambia, according to Standard Bank. Standard…

Vodacom’s revenue breaches R100bn amid booming data demand

Sibongile Khumalo Vodacom’s revenue increased by 4.5 percent to R102 billion in the 2022 financial year, as data traffic and a demand for mobile money grew, the company’s results showed.…

Hungry for growth, Jubilee Metals looks to Northern Zambia

Lisa Steyn An R800 million investment programme has expanded the footprint of metals processing company Jubilee Metals beyond South Africa to deliver significant growth. And the company is hungry for…

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