Standard Bank sets sights on Nigerian retirement boom

Standard Bank Group, Africa’s biggest lender, is targeting annuity to expand in Nigeria as an imminent retirement boom presents opportunities to increase life insurance penetration in the continent’s most populous nation.

Continued fall of Zim dollar a threat to business, Dairibord

The continued fall of local currency against the US dollar and challenges faced by the Reserve Bank of Zimbabwe managed foreign currency auction system, are the greatest threats to business performance, Dairibord Zimbabwe secretary, Samson Punzisani has said.

Market share growth in Zim pockets Pick n Pay (SA) R56.6 million

Pick n Pay (SA) released its results for the 23 weeks to August 2021 in which it reported a resilient performance under difficult circumstances according to the company’s statement.

Zimbabwe’s power utility to finish new coal-fired units in 2022

Zimbabwe’s state-owned power utility expects to complete the addition of coal-fired units next year, bucking a global trend to reduce reliance on the fossil fuel.

Zim exporters must aggregate for Dubai

ZIMBABWEAN firms and individual entrepreneurs must aggregate their horticultural produce to meet the large volumes required by the Dubai market, in the United Arab Emirates (UAE), Expo 2020 Dubai Commissioner General Ambassador Marry Mubi has said.

RBZ sinks US$2,1 bln into the productive sector

The Reserve Bank of Zimbabwe has allotted US$2,1 billion through the auction system to the productive sectors of the economy since its introduction in June last year although delays in clearing allotted funds continue to bedevil the system. 

National milk production increases

Zimbabwe’s raw milk production for September 2021 increased 6, 42 percent to 6, 98 million litres compared to same period last year.

Is Arresting Illegal Currency Traders Arresting the Problem?

Sir Winston Churchill, in the aftermath of World War II, had no shortage of challenges to transition to peace and rebuild.

CFI returns to ZSE, but no sellers yet

Agro-industrial concern, CFI started trading on the Zimbabwe Stock Exchange yesterday with indications of strong appetite for the group’s shares but no trades were recorded as there were no sellers available.

Telcos record $24.7 bln revenue in Q2

The telecommunications sector recorded $24,7 billion in revenue for the second quarter of 2021, which was 19,2 percent ahead of previous quarter on growth recorded across segments.

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