Global borrowing blitz led by blue chips selling US$43bn

Companies globally are piling into debt markets to sell bonds and loans while they still can. More Asian firms including Meiji Yasuda Life Insurance Co offered notes Wednesday, after nearly…

Rising above economic uncertainty with good money habits

With economic growth slowing and households being constantly put under increased pressure, the struggle is real. An ever-shifting economic landscape means that we never quite have a firm footing. Financial…

Limited domestic funding forces Zim banks to seek expensive foreign capital

Nelson Gahadza Zimbabwe’s local banks are increasingly turning to expensive external credit lines to meet their funding needs, as domestic resource mobilisation remains constrained by legacy issues and a limited…

Brics and the future of the dollar

Several clients have asked about the risk the Brics nations (Brazil, Russia, India, China, and South Africa) pose to the US dollar. There’s a fear that the USD is losing…

Upgraded Beijing X55 lands in SA

BAIC South Africa has launched the Beijing X55 Plus in South Africa, which is an upgraded version of X55 that was first introduced in late 2022. Revealed at the Festival…

Authorities approve EcoCash’s share distribution to foreign shareholders

Business Writer EcoCash Holdings has announced that exchange control authorities from the Reserve Bank of Zimbabwe have approved the distribution of the consideration for the Scheme of Reconstruction to foreign…

US$151m to boost climate resilience in horn of Africa

The Green Climate Fund has approved US$151 million in financing for a major resilience programme supported by the African Development Bank to address climate vulnerability in the Horn of Africa.…

Sustained economic growth hinges on productivity gains as populations age

“Productivity isn’t everything,” Paul Krugman wrote in his 1990 book, The Age of Diminished Expectations, “but in the long run it is almost everything.” Productivity is a foundation of prosperity.…

EV or gas car: What’s more cost-effective to own in the long run?

If environmental impact were your only consideration when car buying, the choice between an electric vehicle (EV) and a gas vehicle would be easy. But for many buyers, there is…

The illusion of qualifications: Why degrees don’t always equate to skills

Peace Sithole In today’s competitive job market, the emphasis on educational qualifications has never been stronger. Degrees and certificates have become the benchmarks of professional competency, leading many to believe…

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