Daily Newsletter

Treasury to clear ZiG57m BEAM arrears

Wallace Ruzvidzo Herald Reporter The Government has pledged to clear ZiG57 million in arrears it owes the Basic Education Assistance Module (BEAM), after a recent directive by the ruling Zanu…

Selekta Base Blowout Festival to host charity event

Ivan Zhakata Herald Correspondent Selekta Base, a leading entertainment company, is gearing up for its final event of the year, a charity-focused celebration. The event, scheduled for December 26 at…

French bank sees others adding to 400m South Africa climate loan

The head of France’s state development bank expects other development finance institutions to add to a €400 million (US$432 million) climate loan for South Africa that partners will likely sign…

Inside PnP’s plan to double subsidiary in 5 years

Pick n Pay’s Boxer subsidiary, which will list on the Johannesburg Stock Exchange (JSE) before the end of 2024, has an ambitious plan to double its turnover within five years.In…

Zuckerberg avoids personal liability in Meta suits

A US federal judge again rejected a bid to hold Mark Zuckerberg individually liable in two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children…

Moza-SA border post closure costs SA dearly

The closure of the Lebombo border post between South Africa and Mozambique, and the resultant disruption to cargo moving through the Maputo Port, is costing the South African economy an…

Delta revenue surges 11pc in half year period

Business ReporterDELTA Corporation recorded an 11 percent increase in revenue in the half year to September 2024 to S$389,1 million, largely driven by sparking beverages and lager beers, which grew…

Cotton companies pay farmers top-ups

Business ReporterCotton companies are offering farmers top-up payments for higher-grade cotton delivered last season as input distribution ramps up.Last year’s El Niño-induced drought severely impacted crop production, including cotton, which…

UK firm’s Zim lithium project stalled by funding

Oliver KazungaSenior Business ReporterPREMIER African Minerals says operations at its Zulu Lithium and Tantalum project in Insiza, Matabeleland South Province remain suspended as the company continues to navigate financial and…

Nedbank Tour de Great Dyke Ends

Zimpapers Sports Hub THE Nedbank Tour de Great Dyke has ended in Zvishavane after three pulsating days that tested cyclists’ endurance and mental strength.On Thursday Mashonaland West Provincial Affairs Minister…

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