Troubles mount for starafrica

Nelson Gahadza sarafrica corporation says production of granulated white sugar at its refining plant, Goldstar Sugars, were 0,4 percent lower in the quarter to December 31, 2022 due to power…

Locals rush into S. Africa bonds as foreigners dump them

Foreigners are rushing out of South Africa’s rand bonds, while locals can’t get enough. Foreign investors have been net sellers of government debt every day so far in February, offloading…

Seven keys to better team meetings

Arthur Marara This is Part One of Seven keys to better team meetings One research indicates that time in meetings has more than tripled since 2020. Some people are in…

Hippo’s export sales volumes increase by 27pc

Malvern Nkomo Hippo Valley Estates Limited, a subsidiary of Tongaat Hullet Company, had its export sales volume grow by 27 percent to 40,246 tonnes in the third quarter ended December…

Makomo in talks with potential investors

Business Writer Makomo Resources is negotiating with potential investors seeking to acquire a significant stake in the coal mining firm, people familiar with the development said yesterday. Makomo, once the…

Govt unveils US$10 m gold facility

Business Writer Government yesterday launched US$10 mln gold facility to stimulate production of the yellow metal by small scale miners in the country. Gold is Zimbabwe’s top foreign currency earner…

Sticky US inflation hits Wall Street, rand weakens

AFP Stubborn inflation in the United States hit Wall Street on Tuesday, while the London stock market struck a record peak close to 8 000 points. The JSE’s All-Share Index…

Tanganda records 48pc  revenue growth in Q1

Lalvern Nkomo Tanganda Tea Company says it recorded a 48 percent growth in revenue for the first quarter ended December 31, 2022 over prior year comparative period in inflation-adjusted terms.…

Cotton production bulks 30 pc nationwide

Business Writer The hectarage under cotton production increased by nearly 30 percent this year as the U.S dollar payment lured more farmers into the farming of the “white gold.” Having…

NMB Bank re-opens Kwekwe branch

NMB Bank has re-opened its Kwekwe branch which was closed at the height of the Covid-19 pandemic in 2020 when the economy almost ground to a halt. The re-opening is…

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