Zimbabwe faces cooking oil shortages again
Zimbabwe is facing a shortage of fresh cooking oil after the sharp rise in cooking oil prices in international markets and foreign exchange shortages causing profitability problems for the sector.
Business
Zimbabwe introduces $100 bank note amid soaring inflation
The Reserve Bank of Zimbabwe (RBZ) will introduce a new 100 ZWL note following the issuance of Statutory Instrument 68A by the Minister of Finance and Economic Development in 2022.
Musokotwane to host first quarter economic affairs briefing
Zambian Finance minister Situmbeko Musokotwane will this week host the first quarter briefing on economic affairs on at the Mulungushi International Conference Centre.
Minister Godongwana delivers 2022 Budget Speech
Finance Minister Enoch Godongwana on Wednesday delivered South Africa's 2022 budget speech.
Botswana diamond sales skyrocket
GABORONE — Sales of rough diamonds by Debswana Diamond Company jumped 64 percent in 2021, statistics released by the Bank of Botswana showed on Monday, driven by the reopening of key global consumer markets.
Toyota Remains Top-selling Automaker Despite Chip Setback
TOKYO - Toyota retained its crown as the world's top-selling automaker, having overcome a chip shortage and supply chain woes to beat Volkswagen for a second straight year.
South African Reserve Bank increases repo rate to 4%
JOHANNESBURG - South African Reserve Bank has increased its repo rate by 25 basis points to 4% according to the announcement by Reserve Bank Governor Lesetja Kganyago.
Google appoints Zimbabwean-American James Manyika Senior Vice President
SILICON VALLEY — Google has appointed James Manyika, a Zimbabwean American, born August 1965 as Senior Vice President of Technology and Society.
Dangote’s $19 Billion Oil Refinery for Nigeria Nears Completion
LAGOS — Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year.
Mega billion offer to buy Air Namibia
An emerging South African airline, BDS Airways, has made an offer of N$1.4 billion to buy the now liquidated Air Namibia.
