malvernmugadzikwa
- businessweekly
- July 6, 2022
- 54 views
Europe snaps up coal from abroad to fill gap left by Russia
Bloomberg A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping…
- businessweekly
- July 6, 2022
- 34 views
Oil holds above $110 as tight supply balanced by recession risk
Moneyweb Oil held gains as investors assessed still-strong underlying market signals against concerns a recession will eventually sap demand. West Texas Intermediate traded above US$110 a barrel in Asia after…
- businessweekly
- July 5, 2022
- 69 views
ICT Minister urges techpreneurs to invest in innovations
Michael Tome Business Reporter FINANCIERS and institutions should strive to invest and fund local technopreneurs in order to prop up the country’s ICT sector and move away from being a…
- businessweekly
- July 5, 2022
- 181 views
Billionaire Oppenheimer wins ban on mining at Zimbabwe farm
Bloomberg Billionaire Nicky Oppenheimer, South Africa’s second-richest man, won a court order to temporarily halt mineral exploration on his private family ranch in Zimbabwe. Pearline Mineral Exploration must cease any…
- businessweekly
- July 5, 2022
- 70 views
SA’s Zimbabwe exemption permit scheme is a money racket and a ‘fraud’
Moneyweb The Zimbabwe Exemption Permit (ZEP) scheme is the “largest case of fraud and theft ever committed by the government of one country over nationals of its neighbouring country in…
- businessweekly
- July 5, 2022
- 73 views
SA confirms fuel subsidy will end as prices jump 11pc
Bloomberg South Africa’s government confirmed that it will end a temporary reduction in the fuel levy next month as it announced a 10.6 percent increase in the gasoline price, pushing…
- businessweekly
- July 5, 2022
- 77 views
Firms from rich countries are taking factories home
The Conversation There is no doubt that globalisation has benefited Africa greatly. This includes job creation, innovation, increased productivity and foreign direct investment. But global value chains are shifting in…
- businessweekly
- July 5, 2022
- 74 views
We cannot rely on Eskom any longer: Mavuso
Moneyweb The load shedding of last week was devastating. I have been told of companies forced to lay off staff because they simply couldn’t open their doors. Those with generators…
- businessweekly
- July 5, 2022
- 82 views
What it would take to set up an African drug discovery ecosystem
The Conversation Africa has great potential for drug discovery. The continent has natural resources, indigenous knowledge and human capacity. And it has the need: it bears more than 20% of…
- businessweekly
- July 4, 2022
- 60 views
Brace for spike in NPLS, banks warned
Oliver Kazunga The increase in lending interest rates is likely to lead to a spike in Non-Performing Loans (NPLs) and economic stagnation as most companies will struggle to service existing…