Daily Newsletter

Chinese lenders face challenge

With consumers and businesses gloomy about the prospects of the world’s second-largest economy, loan growth has stalled. Beijing’s stimulus push has so far not been able to spur consumer credit…

Short-term insurance sector sees 56pc drop in registered entities

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw  The Insurance and Pensions Commission (Ipec) licence verification exercise led to a 56 percent decrease in the number of registered entities or individuals in the short-term insurance industry,…

Donations for Trump’s inauguration

Big companies from Wall Street to Silicon Valley are pledging donations to Donald Trump’s inaugural fund before his January 20 return to the White House, hoping to establish a positive…

Shell explores opportunities in Namibia

Shell is still looking for further opportunities in Namibia despite writing off US$400 million from exploration activities offshore of the southern African country. The company said although it had discovered…

SA’s growth hinges on policy reforms in ailing infrastructure

South Africa’s ability to implement policy reforms, especially those aimed at the ailing infrastructure, will be key to bolstering economic growth and creditworthiness for one of Africa’s top economies, Moody’s…

Tata expects clients to step up tech spending

BENGALURU/MUMBAI. — India’s Tata Consultancy Services expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial…

Zim expects sustained increase in gold output

Business Reporter GOVERNMENT’S sustained efforts to reopen closed mines and create conditions for existing operations to expand, as well as supportive measures to artisanal and small-scale miners, pushed gold output…

Performance of real sector key to durable stability

Business Reporter CONTINUED pricing and exchange rate stability can be guaranteed by the performance of the real sector economy, supported by the fiscal leg to drive demand for the local…

RBZ facility to plug funding gaps

Tapiwanashe Mangwiro THE recently established Reserve Bank of Zimbabwe (RBZ) Targeted Finance Facility (TFF) would likely address funding gaps in productive sectors of the economy without necessarily increasing money supply.…

Govt to restructure USD Treasury bonds

Business Reporter FACED with substantial maturities of US dollar-denominated Treasury bonds this year, Government plans to restructure the securities to reduce debt to sustainable levels. According to the Zimbabwe Public…

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