Rich countries gobble up fuel while poorer nations stuck with brewing unrest

Bloomberg Stephen Stapczynski, Anna Shiryaevskaya and Faseeh Mangi Russia’s war in Ukraine has Europe bracing for a tough winter, but the costs are piling up higher in emerging nations as…

 Govt loans empower 7 000 women

Senior Business Reporter OVER 7 000 women have directly been empowered after accessing loans from $300 million, which is the first tranche of the $1 billion the Government allocated to…

Farmers decry rising cost of inputs

Michael Tome Business Writer FARMERS have raised concern over the increase in agriculture inputs price as preparations for the 2022 to 2023 summer cropping season draw closer. Large and small-scale…

Crowdfunding could bring funding relief to SMEs

Martin Kadzere In light of poor access to credit by small businesses and start-ups, there are growing calls to expedite the introduction of regulations for crowdfunding, aimed at helping smaller enterprises…

  ‘Slowbalisation’ stoking inflation

Moneyweb Economists are warning that a reversal of globalisation will keep inflation higher for longer as firms diversify their supplier base to ensure reliable supplies of raw materials, intermediate inputs,…

Sarb to banks: Get with the crypto programme!

Moneyweb Most South African Reserve Bank (Sarb) guidance notes get read by the compliance officers and few others, but this one contains a few gems. In a note issued this…

Mozambique to export first LNG as global natural-gas prices soar

Bloomberg Mozambique is poised to ship its first cargo of liquefied natural gas overseas, joining the ranks of the world’s exporters as a global energy crunch pushes prices of the…

Germany risks a factory exodus as energy prices bite hard

Bloomberg Europe’s industrial heartland faces a potential exodus as manufacturers of German car parts, chemicals and steel struggle to absorb power prices that rocket to new highs almost every day.…

Gold heads for weekly drop amid mixed signals from Fed officials

Bloomberg Gold headed for the first weekly decline in five as traders weighed mixed signals from Federal Reserve officials on the size of the next interest-rate increase. Bullion dropped to…

Govt sticks to guns on not paying suppliers

Business Writer THE Government remains adamant it will not rescind the decision not to pay its suppliers unless all invoices that were issued using parallel market rates are revalidated and…

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