Caledonia in renewable energy drive
Business Reporter CALEDONIA Mining Corporation’s Blanket mine says it will spend approximately US$200 million on renewable energy for an uninterrupted power supply and reduced costs. Power demand is likely to…
Emirates airline sees air travel equilibrium in 2023
Reuters The president of Dubai’s Emirates, which has clashed with London’s Heathrow over the introduction of a capacity cap, said on Monday a disrupted air travel industry would return to…
Oil advances back toward $100 with markets in risk-on mode
Bloomberg Oil rose back near $100 a barrel, aided by a weaker dollar that put wider commodity markets on a firmer footing. West Texas Intermediate added as much as 3.1%.…
Goldman strategist says it’s premature to dismiss inflation fears
Bloomberg As equity markets rally on easing rate-hike concerns, Goldman Sachs Group Inc.’s chief global equity strategist said it’s premature to bet the pressure is reducing on the Federal Reserve…
UK leadership contenders suggest changing BOE mandate
Bloomberg The Bank of England’s struggle to restrain the fastest inflation in four decades drew fire from two lawmakers seeking to become the UK’s next prime minister, with Foreign Secretary…
Debt overhang: Zim keen on HIPC
Business Writer Zimbabwe’s quest to clear its debt overhang got a major boost this week after Africa Development Bank President Dr Akinwumi Adesina officially agreed to lead the country’s debt…
Mid-Term budget, what to expect
Tapiwanashe Mangwiro Zimbabwe’s mid-term budget for 2022 is expected to be presented within the coming 15 days as the economy grapples with high levels of inflation and a runaway parallel…
Are electric cars as safe as petrol powered cars?
Johannesburg. — There’s no denying electric cars, albeit expensive to buy, come with many distinct benefits, from zero tailpipe emissions and substantially lower day-to-day running costs, refinement and instantaneous grin-inducing…
Climate change smoking Zim’s tobacco crop
The climate crisis is smoking out commercial tobacco farming in Zimbabwe, threatening the livelihoods of smallholder farmers and risking nearly US$1 billion in export earnings. While tobacco is neither an…
How the G20 can respond to darkening economic outlook
As G20 ministers and central bank governors gather in Bali this week, they face a global economic outlook that has darkened significantly. When the G20 last met in April, the…











