China presents huge rabbit market for Zim
Business Writer Raymeg Holdings, a diversified pan-African company with interests across many sectors, executive director Paidamoyo Nyamakanga has said the Zimbabwean company is looking to take advantage of a huge…
Private sector leads industry retooling, production
Tapiwanashe Mangwiro Zimbabwe’s private sector is embracing the industrialisation agenda to achieve economic growth by retooling and injecting fresh capital in operations. Traditionally, the vibrancy of Zimbabwe’s industry was punctuated…
What to watch in money markets
Investors are zeroing in on key parts of the market for short-term dollar borrowing to determine if and how signs of systemic stress might be emerging after the biggest US…
Djokovic banned from entering another tournament after receiving invite
Novak Djokovic looks set to be denied the opportunity to compete at an upcoming tournament in Italy after being banned from playing at the Miami Open. Novak Djokovic has reportedly…
Credit Suisse in crisis taps US$54bn from central bank
Credit Suisse Group AG tapped the Swiss National Bank for as much as 50 billion francs (US$54 billion) and offered to repurchase debt, seeking to stem a crisis of confidence…
Old Mutual predicts tough macro-economic environment to persist
Business Writer Johannesburg Stock Exchange (ZSE) listed financial services group, Old Mutual Limited, says the obtaining challenging macro-economic environment in its markets is likely to persist, which will affect its…
Heavyweight stocks push ZSE to another green close
Business Writer Amid uncertainties in the economy and now in election mode, the Zimbabwe Stock Exchange (ZSE) continued its bullish run for the sixth session, giving hope to patient investors…
Distributed Power Africa in 12MW power purchase deal
Business Writer Africa Data Centres (ADC) has signed a 20-year Power Purchase Agreement with Distributed Power Africa Southern Africa (DPA), it has been learnt. ADC in a statement said DPA…
Ten local authorities operating without substantive senior officials
Business Writer/NewZiana The long process involved in appointing senior councils officials has resulted in close to 10 local authorities operating with acting town clerks for a long time, an official…
US banking crisis triggered rally in gold
Bloomberg Gold edged lower in Asia after surging more than 5% over the three previous sessions as the collapse of a major US bank spurred a flight to haven assets.…











