adminStocks slump deepens, dollar rises on haven demand
Shares in Hong Kong were headed to the lowest level in a decade, led by technology companies, and a gauge of mainland China stocks tumbled toward a fresh two-year low. South Korea’s benchmark index fell after the central bank pivoted back to outsized interest-rate increases.
Nigeria oil continues to slump
Nigeria’s oil output continued to fall in September as some onshore production ground almost to a halt, according to government data.
Gold fluctuates on BoE concerns
Gold fluctuated after comments by the Bank of England on removing emergency market support by the end of the week rattled traders, leaving investor sentiment fragile.
How Pick n Pay wants to be best
Pick n Pay CEO Pieter Boone is perhaps a little more forthright than one would expect 16-odd months into the job in a new country: “I don’t want to be the biggest retailer; I want to be the best.”
SA sees up-tick in entrepreneurial activity
According to the latest Global Entrepreneurship Monitor (GEM) report, entrepreneurial activity in South Africa has persisted despite the tough economic environment of the past two years.
Rio Tinto’s ageing Quebec plant gets US$535m upgrade
A Rio Tinto plant in Quebec is getting an upgrade — and backing from Canada’s government — to help the mining giant slash greenhouse gas emissions and boost output of metals crucial to electric vehicles.
West’s reaction to explosions in Ukraine apotheosis of hypocrisy, says Kosachev
Herald Correspondent The reaction of Western countries to Russia’s massive strike with high-precision weapons on Ukrainian energy, military command and communications facilities is simply the apotheosis of hypocrisy. This was…
Beef slaughter charges fall as CSC-Boustead Beef bullies market
THE Cold Storage Company (CSC), now CSC-Boustead Beef Zimbabwe returned to bully the market after a two-decade hiatus with cattle slaughter charges in and around Bulawayo dropping by a whopping 400 percent from US$75 to an average of U$15 per beast.
‘Joint ventures promote maximum land utilisation, boost production’
CALLS to treat agriculture as a business and give impetus to the industrialisation of rural areas are growing louder by the day with the Government urging farmers to enter strategic joint venture and contracts arrangements that will enable them to fully utilise land and produce optimally.
Pfumvudza to spawn agri-business for smallholder farmers
THE Government has reminded farmers that the climate-proofed Pfumvudza/Intwasa programme whose inputs are being distributed countrywide signified a new wave of entrepreneurship and commerce in the agriculture sector at small-scale level.