ZSE closes in the red for second consecutive day

Business Writer The Zimbabwe Stock Exchange (ZSE), which has been on a gains run since the new year, closed Tuesday’s trades in red for the second consecutive day. Losses were…

Ipec assesses Pension Funds’ compliance with reporting guidelines

Business Reporter The Insurance and Pensions Commission (Ipec) has directed pension funds to submit sample financial statements in order for the Commission to assess the extent of compliance with financial…

Tanganda introduces new tea varieties

Enacy Mapakame Despite the challenging economic environment, the country’s largest tea producer, Tanganda Tea Company Limited has introduced three new herbal tea varieties to the market in response to customer…

SA Government faces legal threat over load shedding crisis

Bloomberg Opposition politicians and South Africa’s biggest labour union say they’re readying a lawsuit against the head of the state-owned power company and a government official that oversees it as…

China’s population shrinks for first time since 1960s in seismic shift

Bloomberg China’s population started shrinking in 2022 for the first time in six decades, a milestone for the world’s second-largest economy, which is facing an increasingly serious demographic crisis. China…

Chief executives, economists brace for recession as Davos begins

Bloomberg The World Economic Forum’s annual meeting began in Davos with corporate executives and economists warning a global recession is likely this year. Of 4 410 business leaders surveyed by…

Goldman sees ‘bullish concoction’ for global commodities

Bloomberg Commodities have the strongest outlook of any asset class in 2023, with a perfect macroeconomic environment and critically low inventories for almost every key raw material, according to the…

Confronting Fragmentation Where It Matters Most: Trade, Debt, and Climate Action

IMF News By Kristalina Georgieva As policymakers and business leaders gather at the World Economic Forum in Davos, they are facing a Gordian knot of challenges . From the global…

Bard Santner launches Gold Coin Unit Trust

Tapiwanashe Mangwiro A local investment firm, Bard Santner, yesterday launched a Gold Coin Unit Trust, as the company seeks to give investors a chance to invest in one of the…

Innscor finalises regulatory approvals to migrate to VFEX

Business Writer Diversified industrial conglomerate, Innscor Africa Limited, says its planned migration to the Victoria Falls Stock Exchange (VFEX) is progressing well as the group is working on regulatory approvals…

×