Business

Business

BY TATIRA ZWINOIRA EAST Africa’s rapidly expanding airline, RwandAir yesterday suspended flights to four southern African cities, including Harare, citing a deteriorating health crisis in a region where ...

The UK’s Department for International Trade hosted the virtual UK-Africa Fintech Summit which brought together key industry players in Fintech from across the UK and Africa.  The event ...

BY SHAME MAKOSHORI CURRENCY volatility that troubled Zimbabwe last year hit mortgage lenders hardest as nervous investors switched to cash transactions, compounding headwinds triggered by months of lockdown, ...

BY TAURAI MANGUDHLA STATE-run steel producer, Ziscosteel is moving to have some units running by the end of 2021, with a growth strategy already in motion, according to ...

Having survived the murky waters of politics in Nigeria, where her mother was kidnapped to send her a message, and rising to number two at the World Bank, ...

Facebook is extremely concerned about orders to shut down internet access in Myanmar and called on authorities to unblock access to social media services, an official from the ...

The BBC came under renewed fire from Chinese officials on Friday in a diplomatic dispute a day after Britain’s media regulator revoked the TV licence of Chinese state ...

Amazon and Alibaba, the two biggest players in online retail, have both unveiled stellar results. But the American and Chinese giants each face leadership and regulatory challenges, with ...

BY BUSINESS REPORTER RESOURCES giant, Bindura Nickel Corporation (BNC) says it expects output and financial performance to remain unchanged this quarter as operations at Trojan Mine will be ...

BY TATIRA ZWINOIRA STATE-RUN mobile telecoms firm, NetOne Cellular, this week began the search for a new chief executive officer to replace Lazarus Muchenje, whose exit was endorsed ...

Smartmatic, the election systems company, filed a $2.7 billion lawsuit against Fox Corp. on Thursday, claiming that Fox News “irreparably harmed” its reputation when some of its news ...

BY MELODY CHIKONO PRESIDENT Emmerson Mnangagwa’s government has reverted to a policy that limits foreign investors to a maximum of 49% shareholding in diamond and platinum mines, arguing ...

China’s Lenovo Group, the world’s biggest maker of personal computers, posted record profit and revenue in the third quarter on Wednesday, helped by robust demand from people working ...

Microsoft Corp said on Wednesday it fully supported proposed new laws in Australia that would force internet giants Google and Facebook Inc to pay domestic media outlets for ...

As the end of the month is near and despite how you try and crunch your numbers, you ware still short on money. Gallup poll stated that 2/3 ...

By KUDZAI  KUWAZA LISTED diversified packaging manufacturer, Nampak Zimbabwe Limited recorded a decline in volumes at its subsidiaries as a result of reduced consumer demand and a decline ...

BY Taurai Mangudhla ZIMBABWE Stock Exchange-listed retailer OK Zimbabwe suffered a knock in volumes particularly in the first half of 2020 due to COVID-19 and projects the pandemic ...

BY FIDELITY MHLANGA ZIMBABWE Stock Exchange-listed agro-industrial outfit, Tobacco Sales Limited (TSL) on Friday said it had reignited a long-cherished ambition to scour the region and unlock fresh ...

Online currencies and payments are the new wave sweeping across the world of fintech, and this has largely been triggered by the rising interest in cryptocurrencies, as well ...

Software giant Microsoft Corp is confident its search product Bing can fill the gap in Australia if Google pulls its search over required payments to media outlets, Prime ...

BY SHAME MAKOSHORI CFI Holdings Limited, the agro-industrial giant suspended from the Zimbabwe Stock Exchange (ZSE) in 2018, is seeking the reversal of several regulatory actions, including an ...

BY TATIRA ZWINOIRA INVICTUS Energy Limited’s (IEL) petroleum exploration development and production agreement (PEDPA) with the government has been reviewed and approved, the firm said last week. The ...

Cryptocurrencies, mainly Bitcoin was a unique idea that surfaced on the planet back in 2008. Bitcoin is only one of the several cryptocurrencies that have been introduced up ...

BY WINSTONE ANTONIO ZIMBABWEAN rapper King 98, today lines up with Africa’s most decorated musicians in Tanzania at the invitation of multi-award winning Bongo Flava star Diamond Platinumz ...

SAN FRANCISCO – A feud between tech giants heated up on Thursday as Apple’s chief executive implied Facebook’s business model promotes disinformation and violence, while the social network ...

British trade minister Liz Truss on Friday said some of China’s behaviour had damaged trust in the global trade system. “Some of the behaviour by China on areas ...

LONDON (Reuters) – OPEC oil output has risen for a seventh month in January, a Reuters survey found, after the group and allies agreed to ease record supply ...

BY KUDZAI KUWAZA DISTRIBUTOR and retailer of new tyres and tubes, National Tyre Services (NTS) says improved power and fuel supplies during 2020 helped the firm scale up ...

BY SHAME MAKOSHORI ZIMBABWE’s mining industry has warned that a Reserve Bank of Zimbabwe (RBZ) directive early this month pushing foreign currency retention thresholds to 40% will trigger ...

LONDON (Reuters) – Britain’s departure from the European Union has triggered the biggest change in trade since it joined the bloc 48 years ago, with companies grappling with ...