Zimre quarterly revenue surges 8pc to US$43,5m

Francis Gakanje Zimbabwe Stock Exchange (ZSE) listed insurer, Zimre Holdings, says insurance contract revenue grew by 8 percent to US$43,5 million in the third quarter to September 30, 2024. Company…

Markets see 80pc chance of December Fed cut

Traders added to wagers that the Federal Reserve will cut interest rates by another quarter point next month after in-line inflation data, spurring gains for Treasury debt. The rally trimmed…

SA Ponzi schemes are miles ahead of authorities

Last week, the Financial Sector Conduct Authority (FSCA) issued a warning against Tiger Agriculture, a pyramid scheme pro On Sunday, the team leaders of the Tiger scheme started promoting Farm…

MultiChoice says Canal+ deal will help take on Netflix

MultiChoice chief executive officer Calvo Mawela is preparing to take on US streaming giants as the African TV company works to get its approximately US$3 billion deal with Vivendi SEโ€™s…

Nigeria lifts oil output to 1,8m barrels per day

Nigeriaโ€™s state oil firm NNPC said yesterday it had increased oil production to 1,8 million barrels per day (bpd), with the possibility of getting to two million bpd by year-end.…

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