Money laundering high risk threat for S. African banks

South Africa’s banking regulator said there is a high risk of money laundering and terrorist financing activity in the industry, citing the extensive use of cash and exposure to overseas…

Power utility switches off defaulting farmers

Oliver Kazunga Business Writer ZESA has started switching off farmers across the country over $1 billion it is owed by the farming community, a development likely to compromise yields especially…

New Hyundai Creta hits the right chord

Johannesburg. — First launched in 2017, updated in 2018, the second generation revealed at the end of 2020 and now another upgraded version of the Hyundai Creta sees the Korean…

Zimplats’ US$1,8bn investment plan on course

Nelson Gahadza Zimbabwe’s largest platinum group metal (PGMs) producer Zimplats Holdings, says implementation of its various projects under the US$1,8 billion investment strategy are progressing according to plan. Zimplats as…

How to become more consistent

Part III This will be the final instalment in this series on how to stay more consistent. If you missed the first two articles you can go to the business…

Stuck in the short term mode?

Clifford Shambare In life in general, we come across systems and processes that require us to consider a short or long term view of same. In between these two extremes…

All about exchange-traded funds

Exchange-traded funds (ETFs) were introduced in our financial industry in 1993. Since then, it has been boosted by the increase in demand among investors looking for an alternative to mutual…

New product development in food processing

Background The local food processing market has seen the emergence of over 15 new companies in the last 5 years and several new products or brands that have entered the…

Muradzikwa calls for inward-looking investments

Michael Tome Business Writer INSURANCE and Pensions Commission (IPEC) has implored industry players to consider prioritising investments into strategic sectors of the economy to retain profits that are being repatriated…

Purpose of equity funds in a business

Dr Keen Mhlanga Equity, typically referred to as shareholder’ equity (or owners’ equity for privately held companies), represents the amount of money that would be returned to a company’s shareholders…

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