UK debt binge threatens to haunt its bond market for years

Bloomberg Investors are slowly coming to terms with the sheer size of the UK government’s borrowing needs over the next few years and it doesn’t look pretty. Net gilt supply…

Zim’s industrial statistics compromised by low responses

Business Writer The country’s industrial statistics are compromised as a result of low response rates by companies, Finance and Economic Development Minister Mthuli Ncube has said. Speaking at the 2022…

Nssa reviews pensioners’ payouts

Oliver Kazunga NATIONAL Social Security Authority (NSAA), has increased pension payouts by between 17,5 and 22,4 percent across the board with effect from this month. The upward review is in…

AFC, CBZ to fund 225 000 hectares of cereal crops

Business Writer The country’s leading financial institutions, AFC Bank and CBZ, have revealed will support over 225 000 hectares of cereal crops production under the National Enhanced Agriculture Productivity Scheme…

Will smaller gold coins further anchor stability?

Business Writer There are many questions being asked about the gold coins, especially the smaller coins introduced into the market on Tuesday last week. But the main question is –…

2023 budget expectations

Persistence Gwanyanya  Whilst it is true that a National budget is inadequate to address challenges of permanent and structural nature such as those of Zimbabwe, it is equally true that…

Rate hike won’t drive NPLs, firms taking USD loans: RBZ

Golden Sibanda Business Writer The Reserve Bank of Zimbabwe (RBZ) has insisted that its decision to hike the bank policy rate from 80 to 200 percent in June this year…

Simbisa on track for VFEX listing

Enacy Mapakame Quick restaurants services group Simbisa Brands Limited is on track with its plans to migrate to the Victoria Falls Stock Exchange (VFEX) beginning of next month, in a…

The impossible job at Eskom that no one wants

Perhaps it was the flue gas duct of unit one at Kusile Power Station ripping away from the chimney that was the final straw for Rhulani Mathebula, who until Monday…

Aehra: Sexiest SUV ever

Milan – The world will soon welcome a new Italian automotive brand called Aehra, and it wants to rewrite the design rulebook for cars. The start-up has released images of…

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