Oil drops as OPEC+ supply increase raises glut concerns

Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

Gold edges lower as investors track US trade policy and dollar

Gold fell as traders sought to track shifts in US trade policy, with bullion edging lower as President Donald Trump signalled an additional 10 percent tariff would apply to countries aligned with the Brics group of nations.

Nestlé Zimbabwe scales up CEREVITA production to meet growing demand

Following the earlier announcement of its US$7 million investment into local manufacturing, Nestlé Zimbabwe is reaffirming its commitment to Zimbabwean families by showcasing the growing impact of its flagship breakfast…

Engineering guru Dr Manhuwa receives two prestigious awards

Oliver Kazunga-Senior Business Reporter ONE of Africa’s most respected engineering leaders Dr Martin Manuhwa has been honoured with two prestigious awards at the Southern Africa Federation of Engineering Organisations (ASFEO)…

Seed Co Limited sees revenue soar to $71.2 million in FY 2025, capitalising on Africa’s food security needs

Business Reporter Seed Co Limited remains well-positioned to benefit from Africa’s structural food security demand, ongoing regional seed shortages, and its broadening retail and export footprint, a research firm has…

Zimbabwe’s gold production jumps to 11.6 tonnes in Q2 2025, boosted by small-scale miners

Business Reporter Zimbabwe’s gold production experienced a significant surge in the second quarter of 2025, primarily driven by the robust output from small-scale miners. According to the latest data from…

Zimbabwe to give the world a ‘cultural handshake’ at Osaka Expo

Golden Sibanda Zimbabwe will give the world a cultural handshake when a 12-member ensemble delivers a 40-minute-long cultural performance during Zimbabwe’s National Day celebrations at Expo 2025 Osaka in Japan,…

‘Debt clearance key for Zim’s economic growth’

Michael Tome Business Reporter THE clearance of arrears and restructuring of sovereign debt are vital anchors for Zimbabwe’s economic transformation, the African Development Bank (AfDB) has said, as they would…

Nssa board chair contests ouster

Business Writer National Social Security Authority (Nssa) former board chairman Dr Emmanuel Fundira has challenged his recent dismissal, arguing the termination of his tenure lacks a proper legal basis. The…

Vanishing inflation outlook fuel SA bond rally

Dwindling inflation expectations are setting South African government bonds up to extend a rally that’s already taken benchmark yields to five-year lows. Break-even rates, a gauge of bond investors’ expectations…

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