Gold surges to near record

Gold was steady near a record high after President Donald Trump’s order for reciprocal tariffs against several nations increased uncertainty around trade and the global economy. Bullion traded around US$2…

African leaders push for home-grown credit rating

African leaders have endorsed a plan to establish a home-grown credit rating agency in a bid to promote financial independence. Meeting in Addis Ababa for the 38th African Union Summit,…

Dangote allocates US$700m to fight sugar imports

Africa’s richest man, Aliko Dangote continues to advocate for Nigeria’s self-sufficiency as he extends his campaign to eliminate oil imports to the sugar business. The company plans to explore opportunities…

Financial inclusion key for monetary policy success

Judith Phiri, Business Reporter ECONOMIC analysts have highlighted that financial inclusion is vital for the effective implementation of monetary policy, as it fosters economic stability and supports inclusive growth across…

Telecoms operators warned against discriminatory pricing practices

Business Reporter THE Reserve Bank of Zimbabwe has warned mobile money operators who are applying discriminatory pricing practices against the Zimbabwe Gold (ZiG) in preference for United States Dollars (USD)…

Bulawayo industries’ revival hinges on foreign currency, affordable loans

Judith Phiri and Media Mpofu, Sunday News Reporters INDUSTRIES in Bulawayo have emphasised the importance of foreign currency availability and affordable retooling loans as key factors in driving the revival…

Rainfall brings relief to Zimbabwe livestock farmers

Judith Phiri, Business Reporter WITH steady rainfall across Zimbabwe, livestock are reportedly showing promising signs of recovery after enduring the intense heat and dryness of December’s prolonged dry spell. The…

Tobacco farmers to get fairer prices under new system

Martin Kadzere THE Tobacco Industry and Marketing Board (TIMB) is developing a new system for contract tobacco sales meant to establish a more representative minimum price.  The system, expected to…

Firming prices, Govt support drive golden leaf production

Oliver Kazunga-Senior Business Reporter FARMERS are still confident of achieving the 300 million kilogramme tobacco yield in the 2024/2025 season, driven by several factors, including good agronomic practices and continued…

Miners lobby for more Govt obligations to be payable in ZiG

Business Reporter THE Chamber of Mines Zimbabwe (COMZ) says it will continuously engage the Government to have more areas where local obligations such as tax, licences and royalties are payable…

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