Capital risk, policy inconsistency blight Africa’s energy transition
According to IRENA research, 473 gigawatts (GW) of renewable energy capacity was added globally in 2023, with renewable energy accounting for 87% of newly installed capacity
By Kennedy Nyavaya
Oct. 21, 2024
RBZ blames speculative behaviour for ZiG’s woes
Zimbabwe saw the introduction of the ZiG in April this year as the authorities scrambled for answers to the collapse of the local currency, which was still known as the RTGS.
By Melody Chikono
Oct. 20, 2024
Nedbank commits to Tour de Great Dyke
The gruelling 328 kilometre tour kicks off from Selous on November 7 and ends in Zvishavane on November 9, 2024.
By Staff Reporter
Oct. 20, 2024
‘Drastic forex cap to curtail foreign looters’
The policy unsettled a large portion of small scale entrepreneurs who travel to markets like Dubai, South Africa and China to import goods for resale.
By Freeman Makopa
Oct. 18, 2024
Zim ‘sanctions’ itself out of remittances
The Zimbabwe Banks and Allied Workers Union (Zibawu) says high passports fees could hinder remittances flows into the country by restricting the migration of people to other countries.
By Freeman Makopa
Oct. 18, 2024
Afreximbank boosts intra-African trade
The platform identifies and connects qualifying buyers to credible suppliers of made in Africa products and services.
By Nizbert Moyo
Oct. 18, 2024
FBC gets US$10m change in StanChart Zim’s acquisition
The amount was based on the indicative net asset value of the bank using a “proforma completion balance sheet” computed as of March 31, 2023.
By Tatira Zwinoira
Oct. 18, 2024
Forestry Commision hails ZB Bank’s support in tree planting initiative
In a statement, the commission lauded the bank for their assistance in making the town greener and complementing their orchard establishment efforts.
By William Vundla
Oct. 17, 2024
Zim, Malawi get US$35m AfDB climate disaster grant
The funding comes amid the country suffering one of its worst droughts in recent years, with the 2023/24 agricultural period recording a huge drop in yields.
By Business Reporter
Oct. 15, 2024
