Country yet to discover real exchange rate

Business Writer Nearly two years since the foreign currency auction system was introduced, Finance and Economic Development Minister, Professor Mthuli Ncube, believes the country is yet to discover the real…

Blending should cushion motorists

Business Writer Zimbabwe is expected to resume blending its petrol with ethanol next month, a move that is expected to cushion motorists and industry from skyrocketing international oil prices triggered…

Cafca not in a hurry to adopt new technology

Business Writer Cafca Limited managing director, Rob Webster, says his company has stayed away from use of new technology to remain agile and preserve jobs. His comments come at a…

UK freezes Roman Abramovich’s assets

Chelsea football club owner Roman Abramovich is among seven of Russia’s wealthiest and most influential oligarchs who have been hit with sanctions by the UK, in an effort to further…

Inflation is back, more on the way

Business Writer Inflation was supposed to be a thing of the past, with both fiscal and monetary authorities projecting lower inflation going forward after it came down from a peak…

Mimosa remains profitable despite falling grades

Tapiwanashe Mangwiro Platinum Group Metals (PGM) producer, Mimosa Mining Company, says it invested US$40 million into capital projects in the six months to December 31, 2021 aimed at expanding mine…

Wildlife Resort launches first virtual tourism platform

WINDHOEK — Namibia’s Wildlife Resorts (NWR) yesterday launched its first virtual-tourism platform that will allow viewers an immersive experience of the variety of tourist features Namibia has to offer. NWR…

SA backs calls for single African currency

South Africa is in full support of establishing a single African currency backed by the continental central bank and monetary institute. According to International Relations and Cooperation Minister, Naledi Pandor,…

Treasury wasting via agric subsidies?

Golden Sibanda Treasury carries the perennial burden of mobilising hundreds of millions of US dollars to fund agricultural subsidies that arguably have no desired impact on the targeted group, it…

Expanding African trade to boost growth and reduce poverty

Mining Review Ask any world-class racing driver what they need in a car to be successful on the track, and they will probably agree on three ingredients: good aerodynamics, a…

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