Business

The real test is not whether you avoid this failure, because you won’t. It’s whether you let it harden or shame you into inaction, or whether you learn from it; whether you choose to persevere.

China’s Xi promises $50 billion for Africa, wants to create 1 million jobs

China’s Xi promises $50 billion for Africa, wants to create 1 million jobs

Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising…
FACT BOX | By the numbers: Taking stock of Zimbabwe’s Chinese loans, trade and investment

FACT BOX | By the numbers: Taking stock of Zimbabwe’s Chinese loans, trade and investment

President Emmerson Mnangagwa is in China for the Forum on China Africa Cooperation. Earlier, he traveled to the commercial hub…
African Sun sells two struggling hotels, uses money to fund upgrades

African Sun sells two struggling hotels, uses money to fund upgrades

African Sun has sold two of its underperforming hotels, raising almost US$7 million that will be used to refurbish its…
Zimbabwe expects power demand to reach 5000MW by 2030, pushes for more energy projects

Zimbabwe expects power demand to reach 5000MW by 2030, pushes for more energy projects

Zimbabwe expects power demand to almost triple to 5,000MW by 2030, according to Energy Minister Edgar Moyo, showing the need…
After 80 years, Unilever will exit Zimbabwe and use local distributors

After 80 years, Unilever will exit Zimbabwe and use local distributors

In 2018, Unilever opened a new Royco plant in Harare and its Africa VP Bruno Witvoet said “we have been…
Zambia wants Govt stakes in mineral projects, miners say this violates property rights

Zambia wants Govt stakes in mineral projects, miners say this violates property rights

Zambia’s proposed minerals regulation law could deter investment and deliver a “fatal blow” to its goal of raising annual copper…
Shops Continue To Reject ZiG As Street Rates Soar

Shops Continue To Reject ZiG As Street Rates Soar

The surge in black-market exchange rates, which peaked at around US$1:ZiG25 last week, has forced some businesses in Bulawayo to…
Police and Reserve Bank Crack Down on Illegal Forex Traders

Police and Reserve Bank Crack Down on Illegal Forex Traders

POLICE and the Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) have launched a fresh crackdown against illegal currency traders…
Govt Blacklists 51 Contractors For Trading On Black Market

Govt Blacklists 51 Contractors For Trading On Black Market

The Treasury has blacklisted 51 contractors for illegally channelling funds to the black market after receiving payments in local currency.…
Looting vehicles: New Auditor-General report shows how car deals are bleeding Govt

Looting vehicles: New Auditor-General report shows how car deals are bleeding Govt

By Newswire Looking for one sure way to make money from the Government? Get a tender, get paid, and just…
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