BUSINESS NEWS

The U.S. economy is facing the potential loss of tens of billions of dollars in 2025 due to a downturn in foreign tourism and growing international boycotts of American goods. …

On Monday, China criticized the strategy of yielding to U.S. demands in trade negotiations, particularly those involving “reciprocal tariffs,” arguing that such concessions do not lead to lasting peace. Beijing …

The Reserve Bank of Zimbabwe (RBZ) has declared its stringent monetary strategy a success, pointing to a major departure from past habits of excessive money printing and an increased emphasis …

Han Jong-Hee, a co-CEO who significantly contributed to making Samsung Electronics the leading global electronics firm, has passed away at the age of 63. Credited with the Korean conglomerate’s rise …

According to data released by the Reserve Bank of Zimbabwe (RBZ), Zimbabwe’s earnings from gold exports reached US$240.1 million in the first two months of 2025. This figure represents an …

AXIA is focusing on expansion and new business opportunities to drive growth in its furniture and automotive spare parts divisions. In the half-year ending December 2024, the company reported a …

Justice Faith Mushure, a High Court judge, has reserved her ruling in a case where mining giant Zimasco (Pvt) Ltd is challenging a potential takeover by businessman Shepherd Tundiya’s Avim …

Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, and will transform it into a wholesale operation with reduced operational costs. During …

Zimbabwe’s retail sector is showing signs of recovery as Government reforms, especially on exchange rate determination, take effect, with listed retail giant OK Zimbabwe Limited among those on the rebound. …

Gold prices surged to a record high, nearly reaching $3,000 per ounce, as President Donald Trump’s aggressive tariff policies sparked concerns about the potential negative impact on economic growth. This …