‘Indonesia palm oil ban may affect Zim edible oil supplies’

Business Writer Zimbabwean cooking oil producers have warned of potential supply shortages after Indonesia, the world’s biggest palm oil exporter, imposed a ban on palm oil exports to avert potential…

Zim has 11 key exports that can boost trade with Comesa

Oliver Kazunga Business Writer ZIMBABWE has 11 key products that can boost the country’s exports into the Common Market for Eastern and Southern Africa (Comesa). The trade block said Zimbabwe…

Africa faces hard knocks as rich countries take manufacturing back home

The global economic crisis, triggered by the outbreak of the Covid-19 pandemic in 2020 and Russia’s invasion of Ukraine in February this year, has intensified the risk of declining trade…

Audit firms issues adverse report on ZECO financials

Business Writer  INDEPENDENT auditor, MGI Chartered Accountants, has not signed off ZECO’s 2021 financials for not meeting the International Financial Reporting Standards (IFRSs).  In a report accompanying Zeco’s financials for…

Sanlam, Allianz to create new R33bn African joint venture

news24.com Sanlam and the German financial giant Allianz will merge their African operations outside of South Africa to create a new, R33-billion company. Sanlam will hold 60% of the new…

Zim records increase in renewable energy investment

Business Writer  Zimbabwe has witnessed modest investments in renewable energy by local private investors, particularly in solar as the country seeks to boost renewable capacity to 1 100 megawatts (MW)…

CSC revival isn’t going anywhere?

Martin Kadzere and Oliver Kazunga Business Writers THE contract between the Zimbabwean Government and UK-based investor Boustead Beef to revive Cold Storage Company may no longer be binding after the…

VP Chiwenga slams unethical business conduct

Business Writers Vice President Constantino Chiwenga on Wednesday came out guns blazing, accusing businesses of engaging in unethical conduct that he argues is responsible for a wave of price increases…

Can punishing tobacco side marketers motivate financiers?

Martin Kadzere Last week, the Government came up with regulatory measures to curb the side marketing of tobacco, a malpractice that continues to pose a huge threat to financing the…

5 SA legendary designers to celebrate

South Africa is celebrating 28 years of Democracy this Freedom Day (April 27). It is the day when all South Africans were of voting age allowed to participate in democratic…

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