World

World

SpaceX: A Case Study on the Value of Learning from Failure

“It may look that way to some people, but it’s not a failure,” said Daniel Dumbacher, executive director of the American Institute of Aeronautics and Astronautics and a former high-level NASA official

Apr 21, 2023
World
Commodities Perspective Corner: Ukraine Grain Deal with Poland Provides Lifeline but Concerns Remain for African Importers

Ukraine recently struck a deal with Poland to resume grain exports overland after a temporary ban. While this provides a lifeline for Ukraine to export its grain, the fate of its seaborne exports from

 Apr 20, 2023
World
EasyEquities Partnership With GCash to Bring US Stock Trading to 70 Million Filipinos

EasyEquities will launch a fantasy investment game on GCash in June 2023 to educate and familiarize customers with US stock trading before offering real trading. This strategy proved successful when E

 Apr 20, 2023
World
Musakanya Takes Over at Access Bank Botswana as New Acting MD

Musonda has spent 15 years in senior managerial roles, which allowed her to develop first-hand knowledge and expertise in the management of client relations, technology, risk management, and overall b

 Apr 19, 2023
World
The Persistent Electricity Crisis in Zimbabwe: Ramifications for Businesses and the Quest for Sustainable Resolutions

Zimbabwe continues to grapple with a protracted electricity crisis, which poses a considerable operational risk to numerous enterprises within the nation. Consequently, these companies find themselves

 Apr 18, 2023
World
Turnstar Holdings Releases Trading Statement, Profits and Revenue Remain Steady

Turnstar Holdings Limited (Turnstar) is likely to face a range of challenges that could impact its operations and profitability. One significant factor is the potential for inflation, which could incr

 Apr 18, 2023
World
Erosion of Value in Zimbabwe: Hyperinflation and Exclusion from Old Mutual Limited's Key Performance Metrics - Old Mutual Limited Releases 2022 Integrated Report

The value of the business in Zimbabwe is reduced to zero in Group equity value due to the continued impact of hyperinflation on the Zimbabwean economy. However, the Zimbabwe business remained profitab

 Apr 18, 2023
Macron's Remarks on Europe's Non-Involvement in US-China Conflict over Taiwan: Implications for Africa's Trade

In recent remarks, French President Emmanuel Macron emphasized Europe's stance on non-involvement in the escalating conflict between the United States and China over Taiwan. The situation has been gro

Apr 17, 2023
Fact or Myth: Is the US Dollar’s Demise Imminent?

Human history is defined by competition for valuable resources through trade agreements, political treaties, and brutal wars. Nowadays, countries' competition for resources is made by using the power

Apr 17, 2023
General Beltings Rides Mining Wave to Success as Zimbabwe's Extractive Sector Booms

Zimbabwe's mining sector achieved a strong eight percent growth in 2022, with production increases across the sector. This has driven significant growth for General Beltings (GB), the country's sole m

Apr 14, 2023
Mashonaland Holdings Revenue Skyrocketed by 97% on Account of MashView Gardens

Mashonaland Holdings, a distinguished real estate investment and development firm, has witnessed a remarkable 308% Compounded Annual Growth Rate (CAGR) in revenue from FY'18 to FY'22. In the financial

Apr 14, 2023

Tharisa's Operational and Market Updates: Karo Resources' Development and Zimbabwe's PGM Potential

Tharisa, the South African chrome and platinum group metals (PGM) miner, recently announced its operational and market updates for the second quarter of its financial year. The company's CEO, Phoevos

Apr 14, 2023

Zambia's Copper Exports to China: Navigating the Impact of China’s Reduced Imports

Zambia is Africa's second-largest copper producer, with the metal accounting for around 70% of its export earnings according to Reuters. China has been one of the primary markets for Zambian copper, a

Apr 14, 2023

New Indonesian Nickel Indices Could Be a Game-Changer for Bindura Nickel Corp

For Bindura Nickel Corp and other miners outside Indonesia, the new indices could give better insight into price trends and improve their bargaining power with offtakers. Bindura Nickel Corporation is

Apr 14, 2023

Zambia Approaches Debt-Restructuring Agreement

-Zambia is a step closer to finalizing its long-awaited debt-restructuring agreement with its official bilateral creditors. The nation’s treasury secretary, Felix Nkulukusa, recently announced that th

Apr 13, 2023

Africa Capital Markets Update: Performance Variance Analysis

The Nairobi Stock Exchange has earned the unfortunate distinction of being the worst performing African stock market in the first quarter of 2023. So far this year, it has experienced a significant de

Apr 11, 2023

Zimbabwe's Lithium Export Ban Sparks Stockpiling and China Price Floor Agreements: What's Next for the Global Market?

imbabwe, a country with significant untapped lithium resources, recently implemented an export ban on lithium ores, with only a few players exempted from the ban. This move by the Zimbabwean governmen

Apr 06, 2023

ZHL Sustains Profitability Despite Unprecedented Reinsurance Claims

The Group posted an inflation adjusted total income of ZWL39.5 billion, which is a 9% surge from ZWL36.3 billion recorded in the prior year. The growth was attributed to an overall positive investment

Apr 05, 2023

Stanbic Bank's Bottomline Soars by 180% for FY’22

Despite the challenging economic landscape, Stanbic Bank thrived in the 2022 financial year posting a profit of $49.9 billion in inflation-adjusted terms, up by 180% from $17.8 billion the prior year.

Apr 04, 2023