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DA's Moonshot Pact rebranded under GNU name
The Government of National Unity (GNU) appears to be nothing more than the failed Democratic Alliance (DA)'s Moonshot Pact, rebranded under a different name.The African National Congress (ANC)...Published: 10 Jun 2024 at 14:09hrs | 2 | by Junior Lebese
Is a recession still likely at the end of 2023?
The cost of living crisis has been on everyone's lips for what seems like years now. There’s often talk of it turning into a recession, although so far, most countries have avoided ...Published: 08 Nov 2023 at 14:17hrs | 18 | by Staff reporter
Zimbabwe's Beitbridge border post project a flagship PPP
South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government's road authority Zimb...Published: 06 Sep 2023 at 20:24hrs | 4 | by Cameron Mackay
O'mari takes on EcoCash
FINANCIAL services giant, Old Mutual Zimbabwe Limited (OMZL), through Old Mutual Digital Services (OMDS), has launched O'mari, a business unit that will provide mobile money services, insurtech, inves...Published: 26 May 2023 at 06:37hrs | | by Staff reporter
Mthuli Ncube transforms from technocrat to political player
IF ever there was any doubt, Finance minister Mthuli Ncube has fully abandoned his posture as a neutral technocrat after being elected a Zanu-PF central committee member last weekend.The centr...Published: 23 Oct 2022 at 18:55hrs | | by Staff reporter
'Pravin Gordhan disposing SAA in a fraudulent and corrupt manner'
Suspended public enterprises director-general Kgathatso Tlhakudi has filed a damning affidavit at the labour court this week accusing Minister Pravin Gordhan of "unlawfully" removing him from his posi...Published: 02 Oct 2022 at 16:47hrs | 4 | by Staff reporter
South Africa becoming another Zimbabwe, unions plan national shutdown
The South African Federation of Trade Unions (SAFTU) is planning a national shutdown to protest the rising costs of living in the country and the ongoing energy crisis.SAFTU is the country's s...Published: 08 Jul 2022 at 07:42hrs | 9 | by Staff reporter
'South Africa's petrol price could hit R40 a litre'
The ongoing war in Ukraine is costing South Africa billions in lost revenues and added costs, and trade officials are concerned that further widespread disruptions to the local economy are likely....Published: 26 Jun 2022 at 12:29hrs | 8 | by Staff reporter
What can we expect from Sun Met 2021?
While much of the sporting calendar in 2020 was decimated by the effects of the Covid-19 pandemic, there has been the gradual resumption of many top sporting events. As a result, Africa's horse racing...Published: 04 Dec 2020 at 12:10hrs | 7 | by Staff Reporter
Skeletons tumbling at Choppies
SKELETONS are tumbling out of Botswana headquartered Choppies' closet ahead of the completion at month-end of a forensic probe into the group, with multiple sources claiming the findings will rock the...Published: 19 Jun 2019 at 07:40hrs | 1 | by Staff reporter
Cassava makes history
Cassava SmarTech Zimbabwe made history yesterday when it debuted in the market at a price of $1,50 per share, valuing the company at $3,8 billion. It immediately became Zimbabwe's third most v...Published: 19 Dec 2018 at 06:03hrs | | by Staff reporter
'Pravin Gordhan has offshore bank account with balance of over R660m in illicit proceeds '
EFF leader Julius Malema claims that Minister of Public Enterprises Pravin Gordhan holds an unlawful bank account in Canada which has a balance of more than R665m. The EFF leader says the funds are th...Published: 27 Nov 2018 at 16:38hrs | 2 | by Staff reporter
Mnangagwa ally denied bai in Germanyl, faces extradition
PRESIDENT Emmerson Mnangagwa's ally Zunaid Moti has been denied bail in Germany and could next month be extradited to Russia to face fraud charges.The controversial South African businessman, ...Published: 30 Sep 2018 at 20:33hrs | | by Staff reporter
Know your Minister of Finance Prof Mthuli Ncube
Professor Mthuli Ncube is currently Managing Director and Head of Quantum Global Research Lab (Switzerland), part of Quantum Global Group, the largest Private Equity group dedicated to investing in Af...Published: 07 Sep 2018 at 19:14hrs | 6 | by Staff Reporter
Who is Professor Mthuli Ncube?
PROFESSOR Mthuli NCUBE is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial in...Published: 21 Aug 2018 at 17:51hrs | 1 | by Agencies
SA-based mogul eyes Zimbabwe State House
If business success was the only pre-requisite for leading a country, Joseph Makamba Busha (pictured right) of the FreeZim Congress (FZC), would be certain to be the next resident of State House....Published: 22 Apr 2018 at 10:40hrs | | by Staff reporter
Zuma's hand strengthened in battle with banks and white monopoly capital
A finding by the Competition Commission that more than a dozen local and international banks colluded to rig foreign-currency trades will bolster government accusations that the nation's biggest l...Published: 20 Feb 2017 at 07:45hrs | | by Staff reporter
SA's unrelenting grip on Zimbabqe economy
AS the South African high-level delegation descended on Harare last week for engagements with their Zimbabwean peers, a new set of statistics released by that country's department of trade and ind...Published: 06 Nov 2016 at 07:45hrs | | by Staff reporter
50 Most influential industry leaders featured on the 2016 Mining Indaba speaker line-up
LONDON - Mining Indaba (www.MiningIndaba.com) has assembled an outstanding array of global and regional industry leaders and experts for the 2016 Investing in African Mining Indaba 8-11 February, Cape...Published: 03 Dec 2015 at 19:08hrs | | by APO
Dr Mambondiani appointed Steward Bank acting CEO
Lance Mambondiani has been appointed the Acting CEO at Steward Bank as his boss, Kwanele Ngwenya leaves the organisation at the end of the month. According to ...Published: 22 Jan 2015 at 09:14hrs | | by Staff reporter
Allan Gray positive on Zimbabwean equities
A SLUMP in Zimbabwean equities to near two-year lows is emboldening one of the largest money managers in South Africa to keep looking beyond the nation's economic woes for returns.Allan Gray, ...Published: 15 Jan 2015 at 12:58hrs | | by Neo Khanyile I Bloomberg
Mutumwa Mawere rejects Mnangagwa
I APPRECIATE the interest expressed by your readers about my relationship with Emmerson Mnangagwa and its alleged implications on my business success.I think that if my businesses had failed t...Published: 12 Dec 2014 at 09:20hrs | | by Mutumwa Mawere
Oil reserves 'discovered' in Zimbabwe
The state media reports that Zimbabwe could become an oil and gas producer following strong indications of significant reserves of the resources in northern parts of the country. According...Published: 28 Sep 2014 at 08:07hrs | 7 | by Staff Reporter
ZSE crumbles after Mugabe's re-election
The Zimbabwean stock market crumbled on Monday, a few days after the announcement that President Robert Mugabe had won last week's elections.The results, which were rejected by the main politi...Published: 05 Aug 2013 at 10:35hrs | | by Business reporter
Investors not ditching Zimbabwe
THE political barbs may be flying, but investors are not taking flight ahead of Zimbabwe's crucial presidential and general elections at the end of the month.Since Zimbabwe decided to put its ...Published: 26 Jul 2013 at 12:47hrs | | by BDlive I Evan Pickworth
ZSE reaches all-time high
The Zimbabwe Stock Exchange (ZSE) has reached an all-time high, with the Industrial Index reaching the 223.89 point level for the first time since dollarisation.The ZSE has now gained 53....Published: 12 Jul 2013 at 14:14hrs | | by Business reporter
OK Zimbabwe declares a final dividend
OK Zimbabwe board of directors on 7 June 2013 declared a final dividend of 0,40 cents per share payable out of the profits of the company for the year ended 3 I March 2013.The dividend will be...Published: 13 Jun 2013 at 13:31hrs | | by Mafu Sithabile
OK Zimbabwe continue to import most of its products
OK Zimbabwe continued to import most of the products sold in the stores as supplies from the local manufacturing base remained inadequate, the Group reported. South Africa subsists as the ma...Published: 13 Jun 2013 at 08:12hrs | | by Mafu Sithabile
Big bucks in Zimbabwe for brave investors
"ZIMBABWE will see an economic recovery within months." A pipe dream? Possibly not.Ian Saunders, CEO of junior gold miner New Dawn, is one of many business people who la...Published: 09 Jun 2013 at 14:06hrs | | by Tina Weavind I BDlive
Mthuli Ncube slams SA's black economic empowerment programme
Cape Town - Professor Mthuli Ncube of the African Development Bank (AfDB) has slammed black economic empowerment (BEE), saying it is not creating any value."I've looked at all BEE deals up til...Published: 10 May 2013 at 13:30hrs | | by fin24
SA Airways borrows R1.5bn to stay afloat
Johannesburg - SA Airways has postponed its bond issue in favour of borrowing R1.5bn from two banks, it was reported on Monday.Chief financial officer Wolf Meyer told Business Day this was unt...Published: 06 May 2013 at 04:26hrs | | by Business Reporter
ZSE:- Industrials advances on gains in selected heavyweights
Industrials stayed in the positive territory on Thursday sustained by gains in selected heavyweights while inactivity in the resources sector saw the Minings Index...Published: 04 Apr 2013 at 12:56hrs | | by Business reporter
Zim deadline for foreign firms looms
Foreign companies operating in Zimbabwe have until Sunday to hand in plans to sell majority stakes to local blacks, under a law that has alarmed investors, who are uncertain how the rules will work....Published: 24 Sep 2011 at 07:45hrs | | by Staff reporter
Closing Market Summaries – 28 July 2011
BOTSWANA – The DCI inched up 0.15% to 7,175.17 points. Market activity continued recovering as it rose more than tenfold with 1.72m shares val...Published: 30 Jul 2011 at 07:26hrs | | by Imara
OK Zimbabwe buoyed by capital injection from Investec
RETAIL giant OK Zimbabwe Limited, buoyed by a fresh capital injection of funds from South Africa's Investec, has posted US$4,3 million in profit for the year ended March 31, 2011.The Zimbabwe...Published: 08 Jun 2011 at 04:50hrs | | by Ndou Paul
Gold hits $1500 per ounce
The gold price has risen above $1,500 an ounce for the first time after concerns about global economic recovery lifted the metal's appeal as a haven.In Hong Kong trade, gold hit a record $1,5...Published: 20 Apr 2011 at 18:56hrs | | by Byo24News
Mergers and Acquisitions expected to increase in Zimbabwe
MERGERS and acquisitions are expected to increase right through to next year as Zimbabwean companies seek to recapitalise and enhance operating capacity in an economy showing strong signs of recovery ...Published: 15 Apr 2011 at 04:20hrs | 1 | by Bright Madera
Investors still doubt Zimbabwe
Zimbabwe last week won its biggest foreign investment in a decade with a $750-million steel deal, but that left other firms even more confused about the rules of business in the troubled nation....Published: 13 Mar 2011 at 04:41hrs | | by AFP
OK dominates as Zimbabwe's preferred retailer
Zimbabwe's retail super-brand winner 2010, supermarket franchise Spar, and TM Supermarkets, the biggest supermarket by outlets, trailed rival OK Supermarkets as the most preferred outl...Published: 21 Feb 2011 at 06:03hrs | | by Byo24News
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