Markets

12 hours ago | September 25, 2020

New steps needed to improve sovereign debt workouts

Covid-19 has greatly lengthened the list of developing and emerging market economies in debt distress. For some, a ...

Why stock investors should pray for a Biden presidency

With the 2020 election less than two months away, Wall Street investors are weighing the pros and cons of a Trump versus ...

Explained: What made headlines this week

Taking Stock Kudzanai Sharara This week was a hive of activity, but as we look at it in retrospect, probably the biggest ...

1 week ago | September 18, 2020

Why gold is a safe haven in times of crisis

“Gold” said famed investor Warren Buffett in 1998, “gets dug out of the ground in Africa or someplace, then we melt it ...

SA becoming morally bankrupt

In presenting his analysis of the Third Reich in his treatise ‘The Dual State: A Contribution to the Theory of ...

What’s bothering SA’s biggest landlords?

Office vacancies in the Sandton market are “likely to rise above 20percent” from the 17 percent level in July, according ...

4 weeks ago | August 27, 2020

Rand holds firm after breaking R17/$ barrier

The rand firmed against the dollar on Monday in anticipation of economic intervention by the US Federal Reserve on ...

1 month ago | August 21, 2020

Zim planeteer saving the earth with green chemistry

Emmie Chiyindiko grew up in Zimbabwe dreaming of superheroes and watching Captain Planet and the Planeteers, but now ...

From Africa to America, businesses, insurers face survival showdowns

Wynand du Toit’s safari camp in South Africa’s Pilanesberg National Park lies abandoned, its tents ripped open by ...

Issuance of invoices in currency of transaction

The gazetting of Statutory Instrument 185 of 2020 as the Exchange Control (Exclusive use of Zimbabwe dollar for domestic ...

Zim records 33pc increase in remittances

Zimbabwe has recorded a 33 percent increase in Diaspora remittances to US$466,2 million as at July 31, 2020 compared to ...

1 month ago | August 14, 2020

Africa’s first electric bus plant . . . Industrialising Uganda ...

The road from Kampala, the capital of Uganda, to Jinja, the site of Africa’s first electric bus factory, was packed with ...

Two things killing your ability to focus

I used to wake up, stumble over to my phone, and immediately get lost in a stream of pointless notifications. This ...

The world a volatile place to do business

MTN’s high-risk pioneering days are evidently over. Last week the group’s outgoing CEO Rob Shuter announced that a ...

2 months ago | July 31, 2020

IMF neither SA’s worst enemy nor saviour

The South African government got US$4,3 billion from the International Monetary Fund (IMF). The money would come from a ...

Wind, solar better energy deals for DRC, SA

The Democratic Republic of Congo (DRC) proposed the Inga 3 — a 4.8GW hydropower project on the Congo River — with great ...

Household savings rates higher

The economic shock from the coronavirus caused companies, consumers and investors to hoard cash like almost never ...

2 months ago | July 24, 2020

ZSE in drive to broaden offering

Enacy Mapakame The Zimbabwe Stock Exchange Limited (ZSE) says it is looking at finishing all the projects it initiated ...

A great quarter for Wall Street comes at an awkward time

A bunch of Wall Street executives got together for dinner a decade ago while the US economy was in tatters. Their ...

Edgars extends capital raise period

Business Writer The closure of the Zimbabwe Stock Exchange has forced Edgars Stores Limited to extend its rights offer ...