Nedbank Zimbabwe becomes the first AMEX Acquirer in Zimbabwe 40% of tourists to Zimbabwe carry American Express cards Amex Card Holders spend three times more than non-cardmembers Harare - Nedbank Zi
Aug 07, 2023
Namibian Stock Market Outshines African Peers Amid Impressive Rally The remarkable rise of the Namibian stock market over the past year has demonstrated the resilience and growth potential of the nat
A cohort of European Union (EU) Election Observers arrived in Zimbabwe to oversee the much-anticipated elections scheduled for the 234rd of August this year. This will be the second election under the
Delta Corporation Limited, the leading beverage company listed on the Zimbabwe Stock Exchange, has announced a $71 million investment aimed at boosting its production efficiency and profitability. Giv
Datvest ETF offers exposure to leading consumer staples counters After running for 10 months inflation-adjusted losses hit ZWL$343 million Datvest remains in a robust position, with ZWL$328 million i
The precipitous decline of the Zimbabwe Iron and Steel Company (ZISCO) stands in stark contrast to the nascent rise of China's Dinson Iron and Steel Company (Disco), illuminating the complex interplay
Should the Bank of Namibia Adopt a Dual Mandate? The Case for Prioritizing Inclusive Growth Central banks have traditionally prioritized price stability and controlling inflation. However, in recent
The European Union's (EU) new carbon border tax, which will be fully implemented in October 2026, is set to significantly impact African economies. The tax will be applied to imports of products from
The US government budget deficit widened by 157% to US$227.8 billion in June 2023, up from a US$ 88.8 billion gap in the same month of the previous year. This figure fell below market expectations of
The US dollar index saw a nosedive on Friday, falling below 100 and hitting its lowest levels in over a year. The decline comes amid indications that US inflation is on a downward trend, sparking hop
China's trade surplus for June decreased due to a decline in both imports and exports, which indicates a shift in the balance of trade. This shift has significant implications for China's economy and
China’s factory-gate prices recorded their fastest fall in seven and half years in June while consumer inflation was at its slowest since 2021. The producer price index marked its steepest decline sin
The Russian ruble has hit its lowest mark in 15 months on the 10th of July 2023 at 90.6 against the US dollar, trading well below averages prior to Russia's invasion of Ukraine, due to political uncer
Agricultural concern outfit, Seed Co International Limited, a leading certified seed company involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties, recorded a sign
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
Harare - The Namibian government has introduced a new Banking Institutions Bill to revamp the country’s banking regulatory framework. The current Banking Institutions Act of 1998 has been deemed outda
Windhoek - Namibia’s economy expanded by 5% in the first quarter of 2023 compared to the same period last year, showing signs of recovery after two years of recession brought on by COVID-19. The finan
Namibia Bans Lithium Ore Exports, Follows Zimbabwe’s Lead Windhoek, Namibia - The Namibian government recently annonced a ban on the export of raw lithium ore and other critical minerals, saying it w
