Noah Shumba

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World
Zimbabwe's 2022 GDP Growth Exceeds Expectations, Driven by Agriculture and Mining

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jul 04, 2023
Zimbabwe
Hippo Valley Estates Limited granted 99-year leases for land in Zimbabwe's Lowveld

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 30, 2023
World
South African Rand Falls on Global Growth Worries Due to Interest Rate Hikes

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 23, 2023
World
Mr Price Posts 6% Fall in Annual Profit Amidst Inflationary Pressure and Power Cuts

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 22, 2023
Zimbabwe
ZSE Loses its Status as a Safe Haven for Currency Hedge as Inflationary Pressures Worsen

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 20, 2023
Zimbabwe
RBZ releases report on foreign exchange auction allotments and payments for May 2023

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 16, 2023
World
South African Rand Surge Ahead of Fed Decision

OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late

Jun 15, 2023
World
FBC Holdings Limited Acquires Standard Chartered's Business in Zimbabwe

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 08, 2023
World
South African Rand Holds Steady Amidst Positive Momentum

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 08, 2023
Zimbabwe
Malawi Stock Exchange: A Bright Spot in Africa's Capital Market

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 06, 2023
World
South African Rand Remains Unchanged After Month of Losses

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 01, 2023
Zimbabwe
Understanding the Risks: An Overview of the South African Market for Investors and Businesses

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 30, 2023
Zimbabwe
Colcom Expands Piggery Operations with New Feed Mill Investment

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 26, 2023
World
Addressing Rising Prices in Zimbabwe: A Multi-Faceted Approach

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 19, 2023
World
South African Rand Drops as the US Dollar Strengthens on US Debt Ceiling Talks

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 18, 2023
Zimbabwe
South African Stock Market Drops Amid Accusations of Secret Weapons Deal With Russia

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 16, 2023
World
The Struggle of Zimbabwe's Economy: Fighting for Currency Survival and Basic Needs

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 12, 2023
Zimbabwe
ZimStats Survey Reveals Agriculture, Mining, and Retail as Top Contributors to Zimbabwe's Economy

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 11, 2023
World
Old Mutual Zimbabwe Launches Fintech Business

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 05, 2023
Zimbabwe
Powerless Profits: Pick n Pay's Margins Plunge Amid South Africa's Electricity Crisis

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

May 04, 2023

Top Stories

Taxes Tsunami: Mthuli Ncube's Budget Deluge Drowns Struggling Economy

he budget proposed by Professor Mthuli Ncube, the Minister of Finance and Economic Development, for the year 2024 amounts to ZWL58.2 trillion. However, what has caught the attention of the business co

1 day ago

Is it Losing It? RioZim’s Production Quandary

ioZim's gold production for the cumulative nine months leading up to the full year of 2023 has surged to 724 kilograms, surpassing the previous year's performance. This nine-month achievement follows

Dec 05, 2023

South African Rand: From Highs to Ashes

The South African rand reached its lowest point since late October, trading at 18.9 against the greenback. This sustained downward trend is attributed primarily to ongoing power outages, which are imp

Dec 04, 2023

Corporate Action Summary

PPC Limited announced the appointment of Mr. Matias Cardarelli as Chief Executive Officer of the Group. He formally took over from Roland van Wijnen from 01 December 2023.

Dec 04, 2023

Gold Surges to New Historic Highs

Gold, a safe haven asset, experienced a 3.1% surge to reach US$2,100 in the early hours today. However, it later relinquished a significant portion of those gains, though it still reached new record h

Dec 04, 2023

Meikles Limited’s Profitability Crunch: PAT Dips as Sales Slumps

eikles Limited, a prominent diversified retailer in Zimbabwe with interests in both the retail and hospitality sectors, experienced a significant decline in profitability during the half-year period e

Dec 04, 2023

Gold Caps November with Bullish Rally

Gold prices have concluded the month of November 2023 above the notable threshold of US$2040 per ounce, buoyed by the geoeconomic fragmentation and the Federal Reserve's easing of interest rates. Sin

Nov 30, 2023

RioZim Boosts Gold Output by 13%

RioZim's gold production for the cumulative nine months leading up to the full year of 2023 has surged to 724 kilograms, surpassing the previous year's performance. This nine-month achievement follow

Nov 29, 2023