Seed Co Limited has adequate stock for summer selling season
Theresa Mhazo & Latipha Mapfumo Seed Co Limited has adequate seed and is prepared for the main summer selling season which is now underway, the company said in a statement…
Innscor announces plans to delist from ZSE, and list on VFEX
Business Reporter Zimbabwe’s largest diversified group Innscor Africa is set to migrate its shares to the Victoria Falls Stock Exchange (VFEX) as the company’s Board has already approved de-listing from…
Truworths sales volume tumble 55pc
Enacy Mapakame Listed clothing retailer – Truworths’ unit sales for the first quarter to October 09, 2022 went down 55 percent compared to the same period last year as the…
MSMEs formalization still a struggle: Report
Business Writer Zimbabwe’s micro, small, and medium enterprises (MSME) formalization has not increased over the past ten years, with the lowest percentage occurring among small businesses and individuals, a FinScope…
Global debt market lost at least US$75bn of business in 2022
Bloomberg More debt financing was canceled or postponed globally in 2022 than even during the tumultuous pandemic period. Roughly 140 fund-raising transactions including bonds, loans, and asset-backed securities worth at…
Rwanda secures $319m under IMF’s new climate funding program
Bloomberg The International Monetary Fund approved US$319 million for Rwanda under a new financing arrangement aimed at helping countries deal with prolonged risks such as climate change. The Resilience and…
Musk’s US$5.7bn mystery gift went to his own charity
Bloomberg The US$5.7 billion of Tesla shares that Elon Musk donated to an unnamed organisation at the end of 2021 went to his own charitable arm, instantly making it one…
Competition Tribunal approves Shoprite’s bid for Massmart stores, with tight conditions
Moneyweb Africa’s largest grocery retailer Shoprite has received the greenlight from the Competition Tribunal to continue with its acquisition of several Massmart-owned stores, although this excludes 10 grocery stores under…
VW says SA must end coal dependence for EVs to make sense
Reuters South Africa must wean itself off coal if locally produced electric vehicles (EVs) – a key element of the government’s decarbonisation plan – are to be climate friendly, the…
ZMX ready to trade wheat
Enacy Mapakame The Zimbabwe Mercantile Exchange (ZMX) said it has issued 72 000 tonnes of wheat warehouse receipts to date and they are ready for trading. ZMX chief executive officer, Collen…











