How war in Ukraine is reverberating across world’s regions

Beyond the suffering and humanitarian crisis from Russia’s invasion of Ukraine, the entire global economy will feel the effects of slower growth and faster inflation. Impacts will flow through three…

Warnings abound in market circles as fed error bets seen rising

Investors should adopt a softly softly approach in assessing trading opportunities after a hawkish Federal Reserve raised interest rates and signaled more to come. That’s the view of market participants…

Govt clamps down on substandard imports

Business Writer/NewZiana Second-hand vehicles and spare parts will now be required to undergo rigid quality checks pre-shipment or at ports of entry, along with other specified import products before they…

Economy expected to grow despite drought

Business Writer Old Mutual Investment Group believes Zimbabwe’s economy may still register strong growth this year despite the erratic rains experienced in the country, which negatively affected farming this season.…

Miners back beneficiation drive  

Business Writer The Chamber of Mines Zimbabwe (CoMZ) says it supports the Government’s efforts to build a conducive and sustainable environment that promotes accelerated beneficiation in fledgling sub-sectors of mining,…

Bulawayo has richer people than Harare

Business Writer There are more rich people in Bulawayo as indicated by the Zimbabwe National Statistics Agency (Zimstat) provincial gross domestic product (GDP) data that shows that nominal GDP per…

Women’s bank receives $300 million

Treasury has released $300 million to the Zimbabwe Women’s Microfinance Bank (ZWMB) for on lending to women across the country as government forges ahead with its economic empowerment agenda, a…

SeedCo maize dryer a game changer

Business Writer Cereal crops farmers are set to benefit immensely from SeedCo seed conditioning plant that has capacity to dry 12 000 tonnes of wet seed maize this year. The…

Market opens in the red, derivatives mixed on Monday

Business Writer The Zimbabwe Stock Exchange (ZSE) started the week on a negative note as the All Share Index shed 0.82 percent to close at 14,534.51 points, compared to 0.50…

Mimosa on expansion drive

Business Writer  One of the country’s Platinum Group Metals (PGM) producers, Mimosa, says it invested US$40 million on capital projects in the six months to December 31, 2021 with a…

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