Daily Newsletter

PPC Zim to accelerate

Oliver Kazunga-Senior Business Reporter PRETORIA Portland Cement (PPC) Zimbabwe will accelerate the construction of two solar power plants with a combined capacity of 30 megawatts (MW) in Colleen Bawn and…

Edgars stays optimistic despite revenue decline

Business Reporter Edgars Stores Limited’s revenue for the third quarter to October 8 2024 declined by 6,81 percent following a 22,5 percent volume decline during the same period. Volume fell…

Counterfeits, smuggling retarding economic growth

Business Reporter Zimbabwe’s economic recovery is being hampered by the twin evils of counterfeit products and rampant smuggling, according to Government officials and industry leaders. Permanent Secretary in the Ministry…

Nigeria to probe collapse of over 100 airlines in 40yrs

Nigeria’s Vice President, Kashim Shettima, has lamented the decline of the nation’s aviation sector, citing the loss of over 100 aircraft in 40 years. This disclosure was made during the…

Gold price falls as traders weigh mixed US data

Gold edged lower last week after mixed US data, with investors focusing on the Federal Reserve’s final policy meeting of the year this week. Bullion traded near US$2 670 an…

Coffee prices climb to near 50-year highs

A record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it could take years for one of the world’s most traded commodities to…

‘No winners’: China’s Xi warns US against trade war

Hong Kong. — Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the…

PPC Zimbabwe to accelerate solar plants construction

Oliver Kazunga, Harare BureauPRETORIA Portland Cement (PPC) Zimbabwe will accelerate the construction of two solar power plants with a combined capacity of 30 megawatts (MW) in Colleen Bawn and Bulawayo…

ATAF pays tribute to Prof Ncube’s role on regional taxation

Business WriterTHE African Tax Administration Forum (ATAF) has paid tribute to Zimbabwe’s Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, for his contribution towards enhancing Domestic Resource Mobilisation (DRM)…

Authorities step up crackdown on smuggled goods

Michael Tome Business Reporter THE Government says it has intensified efforts to curtail the growing incidence of smuggling as part of broad measures to protect and enhance the competitiveness of…

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