SA strikes deal with EU to release tons of oranges stuck at harbours

Fin24  The Department of Agriculture, Land Reform and Rural Development says it has struck a deal with the European Union, which means that South African citrus exports, stuck at EU…

Gold coins, the stumbling blocks

Business Writer The Reserve Bank of Zimbabwe introduced gold coins with a view to provide an alternative vehicle that can be used to preserve value instead of the US dollar.…

SMES need tens of millions in forex to retool

Business Writer The Small to Medium Enterprises (SMEs) sector is a critical component of the Zimbabwean economy as current statistics from the official ZimStats, show that nearly 44.7 percent of…

TNF partners agree on part payment of US dollar salaries

Business Weekly/NewZiana A Tripartite Negotiating Forum (TNF) technical committee meeting held two weeks ago agreed that employers should pay workers a portion of their salaries in United States dollars, depending…

US investors head to SA to talk renewables

Bloomberg US investors with more than $1 trillion (nearly R17 trillion) of assets under management are in South Africa to look for investment opportunities. The visit being facilitated by USAID…

CBZ confirms appetite for mergers and acquisitions

Tapiwanashe Mangwiro CBZ Bank, the country’s largest bank by customer size and capitalization, has confirmed its appetite for growth through mergers and acquisitions. This comes amid hints of a potential…

Global tourism on a recovery trajectory

Business Writer Global tourist arrivals registered a 225 percent growth to close at 250 million in the first five months of the year compared to the corresponding period in 2021.…

ZSE continues to crumble as RTGS becomes scarce

Business Writer The market continued to shed points on Wednesday as it closed in the red on three of the four indices, leaving the small cap index being the only…

Economic growth ‘slowed to a crawl’ as demand weakened

Henry Saker-Clark  standard.co.uk  UK private sector growth “slowed to a crawl” in July as weaker customer demand and staff shortages weighed on industry, according to new figures. The closely followed…

ZECO to venture into property development business

Business Writer ZECO Holdings is now seeking shareholder approval to adopt a new strategic focus from a Rolling Stock company to a Residential and Commercial Property Investment and Development firm.…

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