Why Africa should go cashless

By Carl Manlan, India has lately been pursuing an ambitious goal: a cashless economy. Despite early missteps and frustrations, it will turn out to be a change for the better for the country’s 1.31 billion people. Africa should set a similar goal – and take… Read More

Zimre Holdings narrows FY loss to $2,2mln

HARARE, April 28 (The Source) – Zimre Holdings narrowed its loss by 90 percent to $2,2 million for the full-year to December, from $23,1 million recorded in the preceding year on increased business retention and cost containment measures. “The improvement was mainly due to increased… Read More

Unki Q1 platinum output up

HARARE, April 24 (The Source) – World platinum top producer Anglo American Platinum (Amplats) says production at its Zimbabwe unit near Shurugwi went up 2 percent to 18,900 ounces in the quarter to March compared to the same period last year. Unki’s output on a… Read More

A big bond for Africa

By Ngozi Okonjo-Iweala  and  Nancy Birdsall – The countries of Sub-Saharan Africa have reached a critical juncture. Strained by a collapse in commodity prices and China’s economic slowdown, the region’s growth slipped to 3.4% in 2015 – nearly 50% lower than the average rate over… Read More

Powering Africa’s Transformation

By Carlos Lopes,  Aliko Dangote and Tony Elumelu – Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light… Read More

ZITF laments low foreign participation

BULAWAYO, April 10 (The Source) – Only seven percent of exhibitors booked for this year’s edition of the Zimbabwe International Trade Fair (ZITF) are foreign, organisers said, indicating continuing disregard of the country’s investment potential. Zimbabwe’s poor business climate has seen it lag regional rivals… Read More