Global tensions may trigger price increase

Nelson Gahadza Zimbabwe’s retail sector has come under increasing pressure from global geo-political tensions and rising shipping costs, with captains of industry calling on the Government to intervene, as it…

Zim runners dominate marathon

Cape Town. – Zimbabwean runners reigned supreme in the half marathon of the TotalSports Two Oceans Marathon this morning, with debutant Moses Tarinyiku triumphant in a three-way sprint finish while…

Incentives key to luring migrant investment

Martin Kadzere Remittances from the Diaspora have been one of the major sources of foreign currency in Zimbabwe, ahead of foreign direct investment (FDI), loans and official direct assistance (ODA),…

Plan to automate taxes puts China ahead of global digitalisation curve

As part of its smart taxation reform plan, China aims to completely digitalise the tax system by 2025. Big data and artificial intelligence (AI) will be used to automate the…

Toyota confirms extensive flood damage at Durban plant

The contribution of the automotive industry to South Africa’s economy this year is likely to be dented by the floods in KwaZulu-Natal. Toyota South Africa Motors (TSAM) confirmed on Wednesday…

Michael Vaughan names IPL captain who has impressed him with his ‘calmness’

The 2022 Indian Premier League (IPL) has been characterised by the number of Indian players leading teams as captains. Among first-time IPL captains this season are all-rounder Hardik Pandya and…

Poor corporate governance in local authorities killing businesses

Enacy Mapakame Businesses are domiciled in local authorities’ jurisdiction and they depend heavily on them for such services as refuse management, clean water reticulation, access roads, health facilities and licensing…

Old Mutual bullish on economy . . .says dollarisation inevitable

Business Writer Financial services giant, Old Mutual Investment Group Zimbabwe, with tentacles across a broad spectrum of the economy, believes the Zimbabwean economy is on a growth trajectory, according to…

Chinese firm completes US$400m lithium acquisition

Golden Sibanda Chinese firm, Zhejiang Huayou Cobalt Co Limited, has completed the acquisition of Australian firm, Prospect Resources Plc’ Zimbabwe operation, Arcadia project for US$377,8 million. Australia Stock Exchange listed…

Australia A for Pacific Nations Cup

Plans are afoot for Australia A to join this year’s Pacific Nations Cup, which would see Israel Folau play against his former nation. What’s more, Tongan coach and former World…

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