BUSINESS NEWS

Steward Bank, a leader in digital banking, has unveiled its innovative Omni Channel platform, set to revolutionize the digital banking landscape in Zimbabwe. This new application integrates the bank’s various …

Dairibord Holdings has reaffirmed its commitment to its Zimbabwean roots, dismissing recent online rumors about plans to close operations and relocate to South Africa. CEO Mercy Ndoro emphasized the company’s …

London-listed Premier African Minerals is considering selling its Zulu lithium and tantalum project in Insiza due to operational and funding difficulties. CEO George Roach informed shareholders that he cannot predict …

CABS, a banking institution part of Old Mutual Zimbabwe, secured $107 million in credit lines by June 30, 2024, mainly for lending to key sectors of the economy. The agriculture …

On Friday, the European Union voted to implement definitive tariffs on battery electric vehicles (BEVs) made in China. The EU stated that the proposal for these countervailing duties received necessary …

The National Bank of Ethiopia has allocated US$175 million in foreign exchange to the state-owned Ethiopian Petroleum Supply Enterprise, a major fuel importer, to cover upcoming fuel-related import payments, Bloomberg …

A MASSIVE undertaking has been launched by the Government in collaboration with Chinese mining firm, Palm River Energy, and Metallurgical Special Economic Zone to develop a US$3,6 billion energy industrial …

The Confederation of Zimbabwe Industries (CZI) has criticized the Reserve Bank of Zimbabwe’s (RBZ) recent proposal to support the Zimbabwe Gold (ZiG) currency, labeling it misguided. RBZ Governor John Mushayavanhu …

South Africa is facing a critical shortage of power lines needed to transmit electricity from new energy projects, highlighting the need for an updated plan to manage ongoing auctions that …

Zimplow Holdings, a diversified agro-industrial company, has announced new strategies aimed at restoring profitability by 2024, leveraging strong order books in the agriculture, logistics, and mining sectors. In its financial …