BUSINESS NEWS

South Africa’s inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the central bank next month. …

In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution. The country’s short-term manufacturing blueprint, the Zimbabwe Industrial Reconstruction …

The Reserve Bank of Zimbabwe (RBZ) has emphasized that financial inclusion is crucial for both the stability of the financial sector and overall economic growth. At the recent Annual National …

Gold climbed to a record ahead of US data prints due later Thursday, with traders also monitoring an increasingly tight presidential race that’s driven demand for haven assets. Bullion climbed …

Agricultural experts have praised the government for working hard to improve food security by giving farmers the tools and resources they need, especially in areas that need it most. The …

The Saudi Export-Import Bank has finalized a US$25 million credit agreement with South Africa’s Standard Bank Group Ltd to enhance trade between Saudi Arabia and the continent’s largest economy. This …

South Africa’s swift transition to becoming a net importer of fuel poses supply risks that necessitate improved infrastructure for storage and transportation, according to Transnet, the state-owned logistics company. In …

Caledonia Mining Corporation has announced a 2.84% increase in gold production at Blanket Mine, totaling 56,815 ounces in the first nine months of the year, compared to the same period …

African Chrome Fields (ACF), Zimbabwe’s leading chrome mining company, has revealed its ambitious plans to capture up to 25% of the global market for high-grade chrome concentrate by the end …

Meikles Limited has appointed Matthew John Moxon as the acting Chief Executive Officer, following the resignation of Malcolm Mycroft from the CEO role. Mycroft will remain the Managing Director of …