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  • Zim banks shut out small miners despite gold boom in Zimbabwe
    Business

    Zim banks shut out small miners despite gold boom in Zimbabwe

    02/11/2025

    Banks remain reluctant to fund Zimbabwe’s artisanal gold miners despite their dominant role in national production, with the informal sector generating three-quarters of output but struggling to secure loans due to registration gaps and collateral shortages. Small operators delivered 24.45 tons through September, representing 67 percent growth from the previous year, while major mining companies…

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  • Vision alone isn’t enough without courage to act
    Business

    Vision alone isn’t enough without courage to act

    02/11/2025

    Vision requires more than sight. It demands bravery to act when challenges arrive, according to a perspective on personal development and achievement. Progress starts when people imagine possibilities others cannot detect. However, seeing potential means little without the willingness to endure setbacks. Critics and observers stay comfortable while visionaries enter difficult situations where plans meet…

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  • Zimbabwe to stop cement imports by mid-2026
    Business

    Zimbabwe to stop cement imports by mid-2026

    02/11/2025

    Zimbabwe expects to stop importing cement around the middle of next year as several major production facilities reach full operation, Industry and Commerce Minister Mangaliso Ndlovu said. The nation will then begin selling its extra output to neighboring countries, he added. Chinese-backed projects are driving the expansion, with Shuntai Investment preparing to launch a $120…

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  • Banks ignore artisanal miners despite huge gold boom
    Business

    Banks ignore artisanal miners despite huge gold boom

    02/11/2025

    Zimbabwe’s artisanal miners deliver three-quarters of national gold production yet remain largely cut off from bank financing, a sector conference heard last week. Small-scale operations contributed 24.45 tons during the first nine months of 2025, up 67 percent from a year earlier, while output from major mining companies declined. Banks view the sector as risky…

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  • Zuckerberg tumbles to fifth as Meta’s stock sinks
    Business

    Zuckerberg tumbles to fifth as Meta’s stock sinks

    02/11/2025

    Mark Zuckerberg’s wealth dropped sharply after Meta Platforms announced plans for a $30 billion debt offering, causing his position among global billionaires to slip to fifth. The Facebook parent company’s stock plummeted 11 percent on Thursday, marking its steepest decline since 2022 and reducing Zuckerberg’s fortune to $235.2 billion. Jeff Bezos of Amazon and Larry…

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  • Toyota’s new Century SUV – luxury for the elite
    Business

    Toyota’s new Century SUV – luxury for the elite

    02/11/2025

    Toyota has introduced its 2026 Century SUV, a vehicle that brings the automaker’s highest level of luxury into the sport utility segment. The Century nameplate has traditionally represented Toyota’s premium craftsmanship, previously limited to chauffeur-driven sedans for Japanese executives and dignitaries. This new model adapts that heritage for contemporary buyers seeking both environmental consciousness and…

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  • OSP to charge top officials over GRA-SML deal
    Business

    OSP to charge top officials over GRA-SML deal

    01/11/2025

    The Office of the Special Prosecutor will file criminal charges by the end of November 2025 against several senior public officials linked to the disputed Ghana Revenue Authority–Strategic Mobilisation Ghana Limited contracts. Those expected to be prosecuted include former Finance Minister Ken Ofori-Atta, ex-GRA Commissioners-General Dr. Ammishaddai Owusu-Amoah and Emmanuel Kofi Nti, as well as…

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  • SSNIT slams treasury bills comparison
    Business

    SSNIT slams treasury bills comparison

    01/11/2025

    The Social Security and National Insurance Trust (SSNIT) has rejected claims that contributors would earn better returns by investing their contributions in treasury bills. Director-General Kwesi Afreh Biney stated at a media event in Accra on October 30 that SSNIT offers far greater long-term value through lifetime pension payments, invalidity coverage, and survivor benefits—features absent…

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  • SSNIT hits 300% sustainability mark
    Business

    SSNIT hits 300% sustainability mark

    01/11/2025

    The Social Security and National Insurance Trust (SSNIT) has reported strong financial health, citing over 300% sustainability assurance for its pension scheme. Speaking at the 2025 SSNIT Media Connect event on October 29, General Manager for Operations Philip Kofi Senyah said the trust is well-positioned to fulfill its obligations with more than 2 million active…

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  • Ghana’s growth struggles with inclusion issues
    Business

    Ghana’s growth struggles with inclusion issues

    01/11/2025

    Three developments in Ghana this week highlight a persistent gap between national progress and everyday realities for its citizens. In the digital sector, French media giant Canal+ plans to launch high-speed fiber internet in Accra and Kumasi through its subsidiary Vivendi Africa, promising unlimited service at lower prices. The move could disrupt the broadband market…

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