BUSINESS NEWS

Zimbabwe’s second-biggest cement maker, Lafarge on Thursday said sanctions imposed by the United States of America on Fossil Group early this month have impacted some of its processes. The US …

It is alleged that sometime in November 2022, Balpai’s tenant, Manoj Prasad, lost his mobile phone, which John Kandemiri (57) found and used. Balpai sent messages to Prasad’s Whatsapp account, …

At one point, Botswana had the dubious distinction of being the world’s second-poorest nation. The country in sub-Saharan Africa’s south is now one of the continent’s few middle-income nations. Increased …

The Minister of Mines and Mining Development Winston Chitando banned the export of raw lithium through the Base Minerals Export Control (Unbeneficiated Lithium Bearing Ores) Order, 2022. The regulations read: …

Finance and Economic Development Minister Mthuli Ncube has rejected calls from legislators to either lower or remove the intermediated money transfer tax (IMTT), which is charged at 2% of all …

A letter dated 9 December 2022 and addressed to the National Commercial Employers Association of Zimbabwe (NCEAZ) by (NECCSZ) General Secretary one G.M. Chibaya reads in part: Notice is hereby …

Ncube announced the plans to Parliament last week, during the budget debate with legislators, saying the government intends to improve conditions of service for police officers, starting with mobility. He …

Currency speculators, according to the central bank, are fueling currency volatility, which leads to price instability. According to Business Times, the Zimbabwe dollar was trading on the parallel market last …

The dollar climbed and the yuan fell as poor Chinese economic data added to downbeat sentiment in markets. While authorities have ended the Covid Zero policy that drove the weakness …

Oil slipped after rallying almost 9 percent over the previous three sessions as TC Energy Corp. restarted a section of the Keystone pipeline, allowing for some flows to resume on …