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Economy

Zim relaxes empowerment law to boost investment

Aug 30 2015 14:22

Zimbabwe is relaxing a black economic empowerment law forcing foreign-owned firms to sell majority shares to locals in a bid to attract investment, says a cabinet minister.

Economy

Zim economy in for long winter period - exec

Aug 26 2015 09:02

Mugabe's failure to address uncertainty around economic policies in his state of the nation address signals a long winter period for the economy, according to an executive.

Economy

Africa's squandered commodity boom erodes US trade promise

Aug 26 2015 07:49

A fresh US trade pact could provide relief to African economies, but a failure to reform has left countries unable to profit from tariff-free access to the world's largest market.

Economy

Weak rand a boon for battling Zim consumers

Aug 21 2015 10:21

The falling rand is a blessing in disguise for struggling Zimbabweans, as dollars now buy more in goods and services and travel to SA has become more affordable.

Economy

Mugabe sets up pension funds probe team

Aug 21 2015 09:22

Zimbabwean President Robert Mugabe has appointed a commission to determine if insurance policyholders and pensioners were disadvantaged by the dollarisation process.

Economy

Shoprite positions for Moz market with new store

Aug 20 2015 16:56

Shoprite is to open a new store in Tete, Mozambique, as companies in South Africa spread their wings elsewhere across the continent.

Economy

Zambia in crisis as Lake Kariba dries

Aug 19 2015 09:57

A drought-related power crisis in Zambia will further erode the near-term fiscal and growth outlook, says an analyst.

Economy

WATCH: Solving Africa's electricity problem

Aug 18 2015 11:37

While over 600 million people in Sub-Saharan Africa lack access to electricity, solar-powered, 'pay-as-you-go' technology is changing that dynamic.

Agribusiness

Mugabe offers ice cream, chocolates amid hardships

Aug 18 2015 18:19

The Mugabe dairy business has launched a new range of ice creams and chocolates as Zimbabwe battles with food shortages, economic hardship and job losses.

Economy

Zim loses 20 000 jobs after fire ruling

Aug 17 2015 07:45

Zimbabwe has lost 20 000 jobs in the last month after a court ruled that companies can fire workers by giving them three months' notice, says the main labour union.

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Economy

Zim to amend labour laws as economy bleeds jobs

Aug 14 2015 13:04

Zimbabwe's parliament is expected to amend the Labour Act as job losses rise, triggered by a new ruling allowing dismissals on three months' notice.

Economy

SA trade mission to Ghana, Nigeria

Aug 11 2015 15:12

Deputy Minister of Trade and Industry Mzwandile Masina will lead a delegation of businesspeople on trade mission to Ghana and Nigeria.

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Myths that funding and red tape are the two biggest challenges faced by emerging companies and entrepreneurs, have been debunked by a report.
 

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