Tongaat crisis: Small farmers get money for Sept, but 300 bigger growers left unpaid

Sibongile Khumalo News24.com Small-scale farmers who supply the Tongaat Hulett mills at Felixton, Amatikulu and Maidstone in KwaZulu-Natal have now been paid for sugar cane delivered in September. The company,…

Market opens the week on a low note

Business Writer The local bourse opened the week negative, extending its losing streak for the third consecutive session as investors’ investment declined by $7,14 billion. The ZSE announced that the…

Flour milling, snacks units to drive Natfoods production

Enacy Mapakame Analysts project increased production for food processing giant – National Foods Limited on the back of enhanced capacities for its flour milling and snacks segments. The group indicated…

Lubu Coal to install coal wash plant

Business Writer   Contango Holdings, the London listed natural resource company developing the Lubu Coal Project in the Zambezi basin, has said it will begin coal wash plant installation this…

CEO roundtable a huge success, Gundani

Oliver Kazunga ORGANISERS of the CEO Africa Annual Roundtable that ended in Victoria Falls on Saturday, say the four-day business event was a “resounding” success as the objectives were achieved.…

Growth of collective investment schemes show market resilience, CBZ

Business Writer CBZ Custodial Services says the growth of collective investment schemes (CIS) is manifestation of the growing reliance on capital markets and on institutional investors as opposed to on…

Who are the mystery buyers responsible for central bank gold boom?

Bloomberg Central banks bought a record amount of gold last quarter as they diversified foreign-currency reserves, with a large chunk of the purchases coming from as-yet unknown buyers. Almost 400…

Germany wrestles with economic dependence on China

AFP As Chancellor Olaf Scholz travels to Beijing, policymakers and businesses at home are grappling with an existential question: how can they reduce their reliance on China, and can they…

Dominican Convent win inaugural capital markets quiz competition

Michael Tome DOMINICAN Convent High School, Bulawayo, are the winners of the tightly contested inaugural Capital Markets High Schools Quiz Competition, whose final was held at Herald House in Harare on…

ZSE retreats as RBZ remains resolute on interest rates

Business Writer The ZSE All Share Index ended the week in the negative after shedding 71.16 points or 0.47 percent in a week where the central bank has said it…

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