Sam Bankman-Fried found guilty in big money fraud case
Sam Bankman-Fried, a prominent figure in the cryptocurrency world and founder of the FTX exchange, has been found guilty on all counts in a high-profile fraud case.
Business
Dairibord’s Baobab Dairy Fruit Juice scores success at innovation awards
Dairibord Zimbabwe Limited's Cascade Baobab Dairy Fruit Juice has been recognized as a finalist in the dairy innovations awards held at the International Dairy Federation (IDF) summit in Chicago, USA.
260 Brands launches Zambia’s first plant-based milk factory with EU grant
260 Brands, a recipient of the EU grant, celebrated a significant milestone today with the inauguration of Zambia's first Plant-Based Milk Factory in Chinika Industrial Area, Lusaka.
Rainbow Tourism records half-year occupancy rate amid revenue growth
Rainbow Tourism Group (RTG) focus will be on maintaining and enhancing profit margins through diligent cost management and the adoption of innovative business models.
Zimbabwe to launch new robust Industrial Development Policy for 2024-2030
The Zimbabwean government is in the process of reviewing the Zimbabwe National Industrial Development Policy (ZNIDP), with the new policy set to run from next year to 2030.
Zimbabwe claims loss of $150 billion due to sanctions
Zimbabwe's Vice President, Constantino Chiwenga, has declared that the nation has lost a potential economic gain of $150 billion over the past two decades due to Western-imposed sanctions.
NRZ to address revenue loss, poor road network maintenance
Newly appointed NRZ board chairman, Mike Madiro has suggested that the railways company may be incurring substantial financial losses due to the reliance on road transportation.
Zimbabwe power crisis extended as Hwange station faces rehab delays
Ongoing power outages in Zimbabwe could persist until late November as ZESA blames technical faults at Hwange Power Station where a new 300 MW power generator is also undergoing 30-day maintenance.
Zimbabwe cedes world’s highest interest rate title to Argentina
Zimbabwe lost its unenviable position of having the world’s highest interest rate to Argentina, after slashing borrowing costs to help boost economic growth.
Tshabalala: Africa can figure out its climate policy without pressure
African nations have the “right” to develop their natural resources and economies to improve the lives of the continent’s inhabitants, according to Standard Bank Group chief executive officer Sim Tshabalala.
