Real estate investing in Africa and the transition from the mighty dollar

Property pundit Kevin Teeroovengadum speaks about the dollarisation of African real estate assets, why he believes it’s important for the continent to transition to local currencies when investing in the…

Tennis umpire banned for life for match- fixing

Portuguese chair umpire Daniel Zeferino has been banned from tennis for life after being found guilty of match-fixing and helping betters, the International Tennis Integrity Agency (ITIA) said on Tuesday.…

Businesses stop Zimdollar credit facilities

Business Writer Zimbabwean businesses are cutting credit facilities to customers citing rapid depreciation of local currency and failure to access credit lines from the banks after the Government suspended bank…

First Capital Bank to remain profitable in 2022

Enacy Mapakame First Capital Bank (FCB) is expected to remain profitable during the financial year 2022 (FY22) on the basis of its recovering business interest in the tourism sector, and…

Diamond prices are spiking

Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry…

CZI laments poor price discovery, policy inconsistency

Michael Tome Price discovery and policy in-consistence among other key issues boggling businesses, dominated deliberations at the Confederation of Zimbabwe Industries (CZI) 2021 manufacturing sector survey report launch in Harare…

Current power out shy of supporting economic growth

Martin Kadzere Despite modest investments in Zimbabwe’s energy sector, potential output remains far from being enough to support investments in the economy, analysts have warned. With new investments trickling into…

Aviation fuel crisis: How reps plan to end scarcity, block middlemen access to market

ABUJA. — House of Reps in Abuja believes that it can end hardship faced by airline operators in the coming days after it prevailed on leadership of Airline Operators of…

The world’s biggest stablecoin drops below its US$1 peg

Tether, the world’s largest stablecoin, broke below its US$1 peg yesterday amid panic in the crypto market. The token sank to as low as 95 cents on some exchanges at…

Ford reveals all-electric E-Transit Custom van

Cologne, Germany. — The Ford Transit, which is Europe’s best-selling van model, has just taken a solid step into the future with the reveal of a new all-electric version. The…

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