EU warns against fossil fuel ‘backsliding’

The European Commission president has warned EU member states not to backtrack on their long-term drive to cut fossil fuel use, as Germany, Austria and the Netherlands said they would…

SA bond, equity market: Fight or flight?

Global markets came under severe pressure over the past few days. The inflation genie is not getting back in the bottle voluntarily and will have to be forced in by…

Steps to change corporate culture

Arthur Marara Changing a company’s culture is complex. Human beings are creatures of habits, tied to those habits are certain behaviours that would have been entrenched and become the culture…

R6bn plan to overhaul SA’s busiest border posts

The Department of Home Affairs plans to issue a public request for proposals “in a few months’ time” for an ambitious R6 billion project to completely overhaul and rebuild South…

Bitcoin plunges below US$20 000 in 30-month low

Bitcoin dropped below $20 000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening.…

Replacing coal with renewable energy could pay for itself

The world may gain an estimated US$78 trillion over coming decades by making this energy transition. International negotiators can’t agree on how to phase out coal, in part because of…

‘Bakers can’t guarantee bread price cuts’

Oliver Kazunga The percentage at which bakers will reduce the price of bread in line with the agreement between the National Bakers Association of Zimbabwe and the Reserve Bank is…

Ariston expects a better second half

Business Writer Ariston is expecting higher yields, a softening in the export price of macadamia nuts but improvement in export tea price in the second half of the year. Commenting…

Govt to protect consumers amid continued price increases

Nelson Gahadza Government has said it will continue to create a stable operating environment for business to ensure that consumers are protected from business mal-practices including incessant price hikes. Industry…

Effect of RBZ’s move on interest rates

Business Writer The decision by the Reserve Bank of Zimbabwe to move all interest rates on loans to not less than the Bank policy rate will hit consumers hard, market…

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