South Africa Q3 current account deficit widens as trade surplus narrows

PRETORIA – South Africa’s current account deficit widened slightly in the third quarter from the second quarter as Africa’s most industrialised economy recorded a narrower quarterly trade surplus, the central…

ARIPO urges roping in tertiary students in intellectual property development

HARARE – The African Regional  Intellectual Property Organisation (Aripo) said on Wednesday Africa can  derive massive economic benefits from development and use of  intellectual property (IP) as well as protection…

Econet introduces ‘nano loans’

Michael Tome HARARE – EcoCash yesterday launched nano loans an instant credit service adding to the existing assortment of products offered by the mobile money platform.

Cassava SmarTech fintech businesses launch exciting new products

EcoCash, Steward Bank partner to offer hassle-free small loans Bank unveils instant *236# bank-account opening service

Pacific Cigarette partners Chinese firm

Michael Magoronga Local cigarette producing company, Pacific Cigarette Company (PCC) formerly Savannah Tobacco Company, has partnered a top Chinese government owned tobacco company in a move that will see local…

How Nigeria can attract and keep the right kind of foreign direct investment

Tolu Olarewaju Two of the largest banking and financial services institutions in the world, HSBC and UBS, have recently closed their local representative offices in Nigeria.

Oil prices fall on global growth concerns, U.S. supply glut

SINGAPORE – Oil prices fell on Wednesday, pulled down by a U.S. supply glut and a drop in stock markets as China’s government warned of increasing economic headwinds and as…

Rand weakens as trade worries sour risk appetite

JOHANNESBURG – South Africa’s rand weakened against the dollar in early trade on Wednesday as worries that Washington and Beijing may not be able to clinch a substantive trade deal…

Zimnat launches customer care Chatbot

BH24 Reporter HARARE – Zimnat has launched a customer service chatbot, an automated chat that responds to customer queries and provides answers to frequently asked questions.

IPEC rings alarm bells on fake life insurers

HARARE – The Insurance and Pensions  Commission (IPEC) on Tuesday warned consumers to be wary of bogus life  assurers who are taking premiums from unsuspecting members of the  public.

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