Beta Holdings pursues new capital raising options

BETA Holdings, a Zimbabwean brick maker under corporate rescue, is actively exploring alternative strategies to resume production, including order financing and toll manufacturing for contractors.

Defaulting employers, IPEC agree on arrears clearance

THE Insurance and Pensions Commission (IPEC) has agreed on payment plans with defaulting employers over pension contribution arrears.

US dollar weakness fuels surge in currency volatility

The dollar’s descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.

Rand surges after SA flags inflation-target change

The rand surged to its strongest level against the dollar in two months and government bond yields fell after South Africa’s deputy finance minister said an announcement on the country’s inflation-targeting regime is imminent.

Trump to keep 30pc China tariffs till late 2025: Analysts

Donald Trump’s tariffs on China will likely remain at a level expected to severely curtail Chinese exports to the US after the 90-day truce, analysts and investors say, suggesting Beijing may have to endure further economic pain despite active talks.

Steel sector poised for rebound

Martin Kadzere PLAYERS in the steel industry and related spheres believe the Government’s move to introduce import licences for certain steel products will have a positive impact on the development…

Restricted imports to propel Zim steel industry resurgence

Martin Kadzere, Business Hub  PLAYERS in the steel industry and related sectors have welcomed the Government’s move to introduce import licences for certain steel products, saying this will significantly benefit…

New initiatives to boost MSME in Bulawayo

Sikhulekelani Moyo, Business Hub  MICRO, Small, and Medium-sized Enterprises (MSMEs) play a vital role in economic development and Bulawayo is taking significant steps to foster the growth of this sector,…

Pre-2009 value loss compensation not being abandoned

Tawanda Musarurwa, Business Hub  DESPITE delays in implementing compensation for pension fund members and life policyholders, who suffered value loss prior to 2009, the Insurance and Pensions Commission (Ipec), has…

How debt and resource extraction perpetuate Africa’s exploitation

Africa Business Insights Stephene Chikozho RWANDAN President Paul Kagame, a vocal advocate of African sovereignty and economic independence, has ignited a global debate with his recent condemnation of international financial…

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