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SA automotive industry revamp looms

The government is planning some major changes to its industrial policy for the automotive industry by providing incentives and support to other new energy vehicle (NEV) technologies, and not just...

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JPMorgan expects SA IPO surge

South Africa is poised for a surge in initial public offerings and fund-raising activity as soon as next year, spurred by optimism that the continent’s biggest economy may be turning a corner after...

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Top honours for ZIMCN executive

Business Reporter The Zimbabwe CEO’s Network has recognised indigenous mining company ZIMCN Investments’ chief executive officer Mr Collins Mnangagwa as one of the Top 5 young chief executive officers...

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Twenty schools vie for capital markets quiz title

Business Reporter The third edition of the annual Capital Markets High Schools Quiz Competition, hosted by BusinessWeekly newspaper in partnership with Financial Markets Indaba, starts tomorrow with 20...

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AfDB extends US$3,9m for Zim youths, women

Tapiwanashe Mangwiro and Francis Gakanje The African Development Bank (AfDB) has approved a US$3,93 million grant for Zimbabwe aimed at increasing resilience skills and entrepreneurial capacity for...

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Shift to VFEX diminishes ZSE liquid stocks

Nelson Gahadza Imara Asset Management (Imara) says the available pool of quality liquid assets on the Zimbabwe Stock Exchange (ZSE) has diminished due to the migration of several blue chips to the...

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Ivory Coast bonds may narrow gap to SA’s on rating

Ivory Coast became one of sub-Saharan Africa’s top-rated sovereigns alongside Botswana and Mauritius after S&P Global raised its credit rating, giving its bonds room to narrow their extra spread...

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Gold steady near record high

Gold steadied, after hitting a record high in the previous session, as traders digested differing views from Federal Reserve officials on the path forward for US interest rates. Bullion traded near...

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Sugar supplies seen dwindling to lowest in years

Global sugar supplies are seen shrinking to the lowest level in six years in early 2025 as drought hampers production in top exporter Brazil, according to commodities trader Czarnikow Group Ltd....

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Old Citrus Farm resumes operation after a long hiatus

Ruth Butaumocho-Business Correspondent A 350-horsepower Massey Ferguson tractor ploughed through ridges of what remained of sweet potato beds. Black smoke spewed out, with the sound of the disking hoe,...

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Huawei in Zim solar power deal for mines

Oliver Kazunga-Senior Business Reporter LEADING renewable energy provider Grid Africa has entered into a strategic partnership with global technology giant Huawei to implement a 72MW solar power...

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Flights into Zim rise 19pc in three months

Tapiwanashe Mangwiro-Senior Business Reporter Zimbabwe’s aviation sector recorded significant growth in the second quarter of 2024 after all of the country’s airports recorded increases in the number...

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South Africa inflation drops sharply

South Africa’s inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the central bank next month.

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Wills and administration of deceased estates

In the administration of deceased estates, a person can die intestate (without a will) or testate (leaving behind a valid will).

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Gold hits record high as geopolitics drive traders to safety

Gold hit a record high, as it receives sustained haven demand with investors monitoring the approaching US election and conflict in the Middle East.

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SA’s IPP wind farm starts delivering to Sasol

South Africa’s renewable energy industry reached a new milestone recently when the 69MW Msenge Emoyeni Wind Farm became the first independent power producer (IPP) using wind technology and selling to a...

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Dealing with pneumonia, foot rot in goats and sheep

Pneumonia and foot rot are significant health concerns affecting goats and sheep, often leading to serious welfare issues and economic losses in livestock farming.

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TSL to acquire controlling stake in Nampak Zimbabwe

TSL Limited is set to acquire a 52,43 percent stake in Nampak Zimbabwe for a consideration of US$25 million, and the offer has since been accepted.

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Mystery rabbit deaths prompt Zim action

The Department of Veterinary Services, in collaboration with the Zimbabwe Commercial Rabbit Breeders Association (ZICORBA), is taking swift action to address a concerning wave of unexplained rabbit...

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Grid Africa, Huawei mines solar power project hailed

The solar energy deal between Grid Africa and Chinese technology giant Huawei has been hailed by industry experts as a transformative step for Zimbabwe’s mining sector and the broader economy.

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