US, European shares advance as euro dives to lowest since 2017
Key US equity indexes ended higher after choppy trade on Wednesday on a boost from strong earnings from Microsoft and Visa, as commodity stocks lifted European shares to their first…
Global bonds set for worst-ever month
Global bonds are closing in on their worst month on record as investors brace for a flurry of rate hikes in the coming week, including the most aggressive U.S. tightening…
Africa seeing uptick in Covid cases driven by SA: WHO
Africa is seeing an up-tick in Covid-19 cases largely driven by a doubling in cases reported in South Africa, the World Health Organisation said yesterday. “This week new Covid-19 cases…
Mining bosses rake in hundreds of millions
Two announcements from JSE-listed mining companies in the last week have revealed how just four executive directors – two CEOs, a CFO and a COO – will receive in excess…
Sasol ‘reinventing itself’
Europe’s scramble to find new sources of energy to reduce its reliance on Russia has given Sasol, South Africa’s biggest fuel producer, a new purpose to accelerate its green hydrogen…
Novak Djokovic: Wimbledon champion can defend title as organisers allow unvaccinated to play
Novak Djokovic can defend his Wimbledon title after organisers said players who are not vaccinated against Covid-19 will be allowed to compete. The Serbian world number one, 34, was not…
Musonda keeps the Zimbabwe flag flying
Mary-Anne Musonda is in elite company. She is one of only six women’s batters, and only two since the year 2000, to have scored a century on ODI debut. Of…
African Sun hotel occupancy jumps 31pc
Michael Tome Business Writer LISTED hospitality concern, African Sun Limited (ASL) recorded an upturn in 2021 hotel occupancy levels driven by a fairly active economy as lockdown measures receded. The…
Russia-Ukraine war deals blow to commodity markets
Martin Kadzere Business Writer Russia’s war with Ukraine has dealt a major shock to global commodity markets since 1973, the World Bank has said, disrupting global trade patterns, production, and…
RBZ has no plans to raid business forex accounts
Oliver Kazunga Business Writer THE Confederation of Zimbabwe Industries (CZI) says it has held a meeting with the Reserve Bank of Zimbabwe (RBZ) and was given assurances that the monetary…











