COMMENT: Manipulators risk early local currency

The pressure to accelerate the introduction of a full-fledged Zimbabwean currency must be growing thanks to those business people who, through fear at best and greed at worst, are doing their level best to derail the economic reform programme.

IPEC reads riot act to insurers

Players in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to the Insurance and Pensions Commission (IPEC) acting commissioner Mr Blessmore Kazengura.

Tapping into digital tech platforms. . . to boost farming productivity in Africa

Africa is a bit of an anomaly as far as agriculture is concerned. On the one hand, it has 65 percent of the world’s available uncultivated arable land, and it has the potential to feed the world. However, a country such as the Democratic Republic of the Congo (DRC), which has the potential to feed Africa’s 1,2 billion people, struggles to feed its own population of about 70 million.

DHL brings online stores to African consumers

Dhl Express has announced the launch of its new mobile and desktop app aimed at improving the online shopping experience for Africa-based consumers.

Bracing for ICC Women’s World Cup qualifier

All eyes will be on Zimbabwe women’s cricket team, who are seeking their first ever major tournament qualification when they host the 2019 International Cricket Council (ICC) Women’s Cricket Twenty-20 Qualifier Africa tournament slated for May 5 -13, 2019.

Kenyan Kiprop given four-year doping ban

Former Olympic 1 500m champion Asbel Kiprop has received a four-year ban for doping.

Currency issues delay Zim Open golf tourney

Lack of clarity over official foreign currency exchange rate policy prior to the introduction of a formal inter-bank market in February was the main cause for the delayed staging of the Zimbabwe Open Golf Tournament, the chairman of the Zimbabwe Open Committee Livingstone Gwata has said.

Trump declares economic war on Cuba

The Trump administration has declared the most severe new sanctions against Cuba since President John F. Kennedy imposed an economic embargo banning all trade with the communist island in 1962.

Britain starts search for next Bank of England governor

LONDON – Britain’s finance minister Philip Hammond began the search for a new governor of the Bank of England on Wednesday, seeking someone to help steer the world’s fifth-biggest economy, and its global financial center, through the upheaval of Brexit.

Rand falls as U.S. data bolsters dollar

JOHANNESBURG – South Africa’s rand slipped to a three-week low in early trade on Wednesday as robust U.S. economic data supported the dollar.

×