Search results for 'africa'
World
Drought Threatens Regional Power Supply: What Lake Cahora Bassa's Water Level Erosion Means for Zimbabwe
Zimbabwe's struggles with power challenges have extended beyond its borders, affecting one of its key electricity import sources. The Cahora Bassa dam in Mozambique's Tete province has reached a crit
Dec 17, 2024
Zimbabwe
Formalizing the Fringes: Can National Venture Capital Company of Zimbabwe Unlock Informal Sector Growth?
The Ministry of Finance in Zimbabwe has unveiled the National Venture Capital Company of Zimbabwe (NVCCZ), an ambitious initiative aimed at catalysing economic expansion through the provision of equit
Jan 17, 2025
World
Global Inflation Projections Diminish: IMF Revises Economic Growth Upwards, Sees Global Rates Falling in 2025
The International Monetary Fund (IMF) has revised its global economic growth forecast upward to 3.3% for 2025, driven primarily by an upward revision in the US economy, which offset downgrades in othe
Jan 20, 2025
South Africa
Land Reform Dilemma: Trump’s Potential Retaliation if Ramaphosa Defies U.S. Expectations on Land Reform
President Donald Trump has indicated that he is considering cutting U.S. aid to South Africa, one of the leading economies in Sub-Saharan Africa, in response to the country’s recently enacted Land App
Feb 04, 2025
South Africa
Anglo American Platinum Forecasts Earnings Plunge of Between R7.6 Billion to R9.0 Billion in FY2024
The platinum group metals (PGM) sector continues to face significant headwinds, with declining prices and operational challenges weighing heavily on producers. Anglo American Platinum, the world’s lea
Feb 06, 2025
Zimbabwe
Zimbabwe's Inflation Cools in February for Both USD, ZiG: Regional Comparison and Analysis
Zimbabwe’s inflation landscape brightened in February 2025, with month-on-month rates for both its gold-backed ZiG currency and the U.S. dollar plummeting to their lowest levels in months, according t
Feb 27, 2025
World
Platinum Market Faces Worst Imbalance Since 2013: 2024-25 Deficit Projections Highlight Structural Risks
The platinum market is grappling with its most severe supply-demand imbalance since 2013, with deficits projected at 995 koz in 2024 and 848 koz in 2025, driven by structural supply constraints and v
Mar 13, 2025
Top Stories
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
3 hours agoForex Surrender Rules Slash Proplastics’ Export Share to 4% in FY'24 , Profit More Than Doubles
Proplastics, a leading Zimbabwean plastic pipe manufacturer, reported a profitable FY2024, with profit after tax surging to USD1.2 million from USD520 thousand, according to its latest financial res
1 day agoNMB Bank Harnesses DFI Partnerships to Drive 27% Loan Surge in Export-Critical Sectors
NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil
Apr 08, 2025Zimbabwe’s April Fuel Dip: U$1.53 From US$1.54 Signals Relief, Yet Among Highest in Africa
Zimbabwe’s fuel prices in April 2025, set at $1.53 per litre for petrol and $1.52 per litre for diesel in USD by the Zimbabwe Energy Regulatory Authority (ZERA), eased from March’s $1.54 and $1.55. Y
Apr 07, 2025