Reliability of Treasury projections questioned

Golden Sibanda THE reliability of projections by Treasury on key macroeconomic fundamentals has been questioned after most of the fiscal authorities’ predictions for 2022, chief among them the inflation trajectory…

Foreign investors desert ZSE, no inflows in 7 years

Oliver Kazunga THE Zimbabwe Stock Exchange (ZSE) has not witnessed any foreign investor inflows for the past seven years, according to chief executive officer, Justin Bgoni. The country has a…

Congo bans Orange, Airtel, Vodacom executive travel in tax row

The Democratic Republic of Congo has banned some telecommunications executives from leaving the country after they resisted paying a new tax on the industry, according to people familiar with the…

Drillings stops at Bravura’s Ngezi platinum project

Nelson Gahadza Bravura Consortium, which is exploring platinum deposits near Zimplats in Ngezi, has reportedly halted drilling after the investor stopped releasing funds for the project amid allegations of funds…

‘More money supply sources still to be sealed’

Business Writer The Government, which recently admitted that it is partly to blame for the currency and price instability in the economy, still has its work cut out as there…

Angola mulls rate cut as currency jumps

Angola’s central bank may consider cutting its benchmark rate as inflation slows and after its currency appreciated at the fastest pace in decades. The Banco Nacional de Angola kept its…

Inflation can trigger global recession

Dr Keen Mhlanga According to current economic estimates, if inflation continues to rise, so increases the likelihood of a recession. That implies more layoffs, fewer employment and higher interest rates…

Lighter, more potent Lamborghini unleashed

Pebble Beach. — Lamborghini has sharpened its super SUV, with the lighter and more dynamic Urus Performante making its debut at Pebble Beach on the weekend. The power gain is…

US$25m to compensate POSB depositors

Oliver Kazunga The People’s Own Savings Bank is set to receive US$25 million from the Deposit Protection Corporation for compensation of account holders who incurred losses when the exchange rate…

Nutrients missing from an average person’s diet

According to the World Health Organisation, eating a range of whole (that is, unprocessed) and fresh foods daily aids in ensuring that both children and adults alike receive the proper…

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