China the world’s second-largest economy recorded one of its worst years in nearly half a century in 2022 due to strict Covid-19-induced lockdowns and subsequent widespread infections in most Chinese

Mosi Oa Tunya Cigars is the country's first homegrown brand of hand-rolled cigars. To develop a foothold in the upscale cigar market, Bongani Cigars, another recent entry from the region, will have to

The Russian government has donated 20,000 tons of fertilizer to Malawi as part of its efforts to garner diplomatic support from various African nations. Malawi voted to censure Russia at the United N

Tunisian President Kais Saied 's crackdown on sub-Saharan African undocumented immigrants, which coincided with arrests of senior opposition figures, was aimed at distracting Tunisia's economic crisis

Horticulture incentives were suspended as part of the measures included in the 2023 monetary policy, and this act will further impair the momentum the horticulture sector had accumulated over the prev

he construction and mining sectors saw a rise in activity in 2022, which was expected to influence sales, but a spike in interest rates hampered economic activity among corporate entities facing 200%

ChatGPT, a small step for generative AI, is still in the very early stage of verifying its industrial value. In the first issue of the Axis this year in the article Farewell Crypto, Hello generative A

Biden is in Namibia and will later visit Kenya as part of a push by the United States to step up engagement with Africa as a counterweight to China’s influence on the continent. This has been nec

Karo’s listing came a week after, Simbisa Brands Limited, became the 6th counter, adding to financial services group Nedbank Zimbabwe, giant seed producer and distributor, SeedCo International Limited

Nigerian Banks started issuing new naira notes today in conformity with directions from the Central Bank of Nigeria. Today, commercial banks will start dispersing the eagerly anticipated, newly redesi

The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be

Zimbabwe just topped the list for food inflation with a 351% spike, and the situation at the Kariba dam would only exacerbate the country's critical food security concerns. Low-income workers are most

At 321%, Zimbabwe tops the World Bank's (WB) list of countries severely afflicted by food inflation, among war-torn Lebanon and Venezuela, whose political and economic crises have left worrisome rates

BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p

According to a cabinet minister, just 50% of Zimbabweans have access to the internet, which worsens and maintains existing economic and social exclusion. Even though internet usage has been rising and

With a greater capacity to access US dollars with a "dollarized" financial sheet, National Foods will be better able to raise cash. The potential for the VFEX to develop into a regional exchange incre

Stanbic Bank is this month celebrating 30 years of service provision which has seen the leading financial services institution contributing significantly to the socio-economic growth of Zimbabwe and t

The Bakery Division experienced a marginal drop in comparison to the comparative quarter. This was propelled by the Russia-Ukraine war which made global wheat prices surge. Recently prices of wheat ha

Tobacco Processor, BAT Zimbabwe's financial performance for the nine months ending 30 September was severely influenced by a lack of local currency, which was exacerbated by the government's stringent

Revenue for the group for the nine months ending 30 September 2022 surged by 97% to ZW$51.375 compared to the prior year. The growth was propelled by an improvement in both interest and non-interest i