Big banks bet on South Korea, Taiwan stocks for 2023

Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see Japan’s market as resilient thanks…

Tourists win third Test to secure historic 3-0 sweep in Karachi

England completed a historic 3-0 clean sweep over Pakistan inside 40 minutes on the fourth day of the final Test in Karachi. Needing 55 more runs, England took only 11.1…

World Bank releases US$100m for Zambia amid delays in debt restructuring

The World Bank is releasing US$100 million for Zambia amid substantial delays in its debt restructuring efforts as its creditors drag their feet, it said on Wednesday. The World Bank…

Climate-informed collaboration vital to Zim’s economic growth

Nathan Belete As I traveled through the wooded mountainous landscape of Chimanimani, on my first visit as World Bank country director for Zimbabwe, I was confronted with a landscape scarred…

Can Africa obtain the funds it needs?

Despite a breakthrough agreement at Cop27 to establish a climate change loss and damage fund for developing nations, African leaders are continuing to demand an overhaul of the current climate…

Ore export ban readies lithium for boom

The decision this week to ban export of lithium ores and inadequately processed lithium before the second formal mine enters production early next year should avoid a lot of problems,…

Veritas alleges massive illicit financial flows in Zim

Tapiwanashe Mangwiro Zimbabwe’s economy is being hindered by illicit financial flows, which also encourage corruption and benefit members of the elite at the expense of the general populace, a legal…

ZBFH set to meet 2022 targets

Enacy Mapakame Financial services group, ZB Financial Holdings (ZBFH), is targeting to meet its performance targets for financial year 2022. One of the key focus areas the group is looking…

Venus Williams given Australian Open wildcard

Venus Williams has been awarded a wildcard to compete in January’s Australian Open at the age of 42. The American will be back in Melbourne 25 years after her debut…

World economic outlook for 2023 increasingly gloomy

With inflation on the rise, retailers are expecting that many shoppers will be looking for especially good deals as discretionary spending falls The outlook for the global economy headed into…

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