Bulawayo optimistic of new flights

Tapiwanashe Mangwiro Bulawayo as a business and tourist town has received a boost as Ethiopian Airlines, Africa’s leading carrier, launched a new flight to the city via Victoria Falls. The…

 Tongaat board slammed for publishing restructuring plan its lenders knew nothing about

Moneyweb The board of financially distressed JSE-listed sugar producer and property company Tongaat Hulett has been criticised for announcing a board-approved restructure plan for the company that its lenders had…

 Standard Bank open to acquisitions in Nigeria, Kenya

Bloomberg Standard Bank is open to acquisitions in Nigeria and Kenya as Africa’s biggest lender by assets expands its presence in key markets on the continent. The lender is also…

Cadre deployment has damaged the civil service

Moneyweb Business feels the sharp edge of the poor state of public services. There are far too many stories of factories and companies having to cease operations or even close…

Why SA should embrace artificial intelligence for predictive policing

Moneyweb In the 2002 movie Minority Report (based on a short story by Philip K Dick), director Steven Spielberg imagined a future in which three psychics can “see” murders before…

 Strong dollar seen hurting US outlook and even tilting Fed path

Bloomberg A strong dollar is likely to weigh negatively on the US economic outlook and could alter how high the Federal Reserve ultimately raises interest rates, economists surveyed by Bloomberg…

 Workers leave the world’s biggest iPhone plant in droves to escape Covid-19 curbs

Bloomberg Workers are departing Apple’s biggest iPhone plant in China, seeking to escape hastily enacted Covid-19 measures that left many of the 200 000 staff grappling with inadequate living conditions.…

China is doubling down on coal despite its green ambitions

Bloomberg China is building a vast array of new coal-fired power stations, potentially more than the operating capacity of the US, even though it knows the plants will probably never…

DPA to develop Zimbabwe’s largest roof-mounted solar plant for Pepsi 

Business Writer Distributed Power Africa (DPA) has signed a 25-year power lease agreement with Varun Beverages to install a 2,5MW rooftop solar solution at the latter’s manufacturing plant in Harare.…

Government implored to expedite IDC funding

Business WriterGovernment has been implored to expedite the process of making the Industrial Development Corporation (IDC) functional as a development finance institution to provide long-term funding which has been a…

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