SA power-line rollout to spur bond-market revival
A multi-billion-dollar plan to expand South Africa’s electricity transmission network may throw a lifeline to the country’s corporate bond market as it struggles to recover from a post-pandemic slump....
View ArticleChina investors expect US$283bn new stimulus
Investors and analysts are expecting China to deploy as much as 2 trillion yuan (US$283 billion) in fresh fiscal stimulus as Beijing seeks to shore up the world’s No. 2 economy and boost confidence....
View ArticleElon Musk just showed world his new Robovan
Tesla’s new Robovan was CEO Elon Musk’s novel surprise at the company’s “We, Robot” event. But something about it wasn’t as novel — its name. WeRide, a Chinese autonomous driving startup, unveiled its...
View ArticleZSE sees milestones in transformation journey
Business Reporter THE Zimbabwe Stock Exchange (ZSE) says it has recorded significant milestones in its evolution, among them its key role in the establishment of the Capital Markets Association of...
View ArticleGovt says to guarantee bank loans for women
Nelson Gahadza, Senior Business Reporter The Government says it is working on a guarantee for loans secured from the women’s bank to improve access to capital for women. This follows the establishment...
View ArticleMutapa to acquire drug producer CAPS Holdings
Business Reporter Mutapa Investment Fund, Zimbabwe’s sovereign wealth fund, is poised to acquire local healthcare and drug manufacturing company CAPS Holdings, The Herald Finance & Business can...
View ArticlePraz annual indaba underway
Mukudzei Chingwere in VICTORIA FALLS The Procurement Regulatory Authority of Zimbabwe (PRAZ) has drawn international delegates for its two-day annual conference to focus on the African Continental Free...
View ArticleSabi Star thermal power plant 90pc complete
Business Reporter THE construction of Sabi Star Mine’s 15 megawatt (MW) thermal power plant in Buhera, Manicaland Province, is 90 percent complete with the project set for commissioning next year. At...
View ArticleCanada eyes Zim investment
A delegation from Canada is in the country scouting for business opportunities in ICT, mining, agriculture, education and manufacturing.
View ArticleMore sovereign foreign debt defaults seen over next decade
S&P Global Ratings predicts an increase in foreign-currency debt defaults among sovereign issuers over the next decade, driven by significantly higher debt levels and increased borrowing costs on...
View ArticleChina’s foreign trade surges 5,3pc in 9 months to September
China’s total imports and exports reached 32,33 trillion yuan (US$4,57 trillion) in the first three quarters of 2024, setting a record high with an increase of 5,3 percent year-on-year, China’s General...
View ArticleMultiChoice disrupts itself amid subscriber decline
MultiChoice is under tremendous strain. Subscriber numbers are, for the first time, in structural decline. In the year to March 2024, it saw drops in not only its Premium segment (DStv Premium and DStv...
View ArticleWorld Bank cuts 2024 forecast for sub-Saharan Africa
The World Bank said on yesterday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3 percent from 3,4 percent, mainly due to the destruction of Sudan’s economy in a civil...
View ArticleCTC probes influx of toothpaste imports
Business Reporter THE Competition and Tariff Commission (CTC) is initiating an investigation into the influx of toothpaste imports into the country, which is threatening the viability of the local...
View ArticleSabi Star thermal power plant 90pc complete
Business Reporter THE construction of Sabi Star Mine’s 15 megawatt thermal power plant in Buhera, Manicaland Province, is 90 percent complete with the project set for commissioning next year. At the...
View ArticleTharisa to prioritise Zim platinum project
Business Reporter South African firm Tharisa Capital Plc says it remains optimistic about the fundamentals of the platinum group metals (PGM) market and will continue to optimise the development of its...
View ArticleMalawi, Zimbabwe receive financial boost for climate change mitigation...
Business Writer The African Development Bank (AfDB) has approved grants of US$34,8 million to enhance resilience and adaptation to climate disaster risks for vulnerable communities in Malawi and...
View ArticleRaymeg launches rabbit meat sausages
Raymeg Consultants Private Limited (Raymeg) has launched rabbit sausages, marking yet another groundbreaking milestone for Zimbabwe’s rabbit industry. “This innovative product follows the successful...
View ArticleZimbabwe to benefit from affordable protein initiative
Mutsawashe Mashandure Herald Correspondent Irvine’s Zimbabwe has pledged to ensure that affordable protein is accessible to all citizens, regardless of their social or economic status. Addressing...
View ArticleLocal chrome giant aims 25percent market share
Business Reporter ZIMBABWE’S leading chrome miner, African Chrome Fields (ACF), has announced ambitious expansion plans as it seeks to gain up to 25 percent of the global market share for high-grade...
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