A newly released survey of businesses by Zimstat from Q3 2024, shows the negative sentiment across the retail sector.

· Over half (51%) of surveyed retailers said their stock levels were ‘below normal’
· When asked about their financial situation, 62.4% described it as ‘bad’

SADC chairman, President Emmerson Mnangagwa, reacts to the ‘cowardly attacks’ that killed SADC peacekeepers in Eastern DRC:

“Those responsible for the situation should be held accountable.”

As some multinationals head for the exits, Finance Minister Mthuli Ncube is trying to put a spin on it: Zimbabwe, he says, is not short of locals ready to take over.

newzwire.live/mthuli-seeks...

“Whatever political change will happen in Zimbabwe in the future will not be enough to turn the country around if it is not accompanied by an intense and progressive cultural struggle.”

The country, Chris Kabwato writes, is in a cultural decay

newzwire.live/the-chris-ka...

It’s SWAPO vs SWAPO vs SWAPO

As Namibias vote today, the main fight is between three candidates with ties to the ruling party, SWAPO.

Meet the main candidates in the election.

newzwire.live/its-swapo-vs...

The Standard Chartered Group is considering selling its wealth and retail banking operations in Botswana, Uganda and Zambia.

Many large international banks are paring down their presence in Africa. Here’s why

newzwire.live/standard-cha...

Zimbabwe needs a debt deal to access long-term funding for infrastructure, which it has been paying for using local resources, President Emmerson Mnangagwa has told creditors.

Zimbabwe has had to use the budget to fund infrastructure, which has stoked inflation.

newzwire.live/ed-tells-cre...

After finding success in Zimbabwe, Bitumen World, one of the country’s largest civil engineering companies, is expanding into the region.

CEO and founder Andre Zietsman says the company is now looking beyond the borders, setting up the Inter-Africa Civils (IAC) group.

newzwire.live/bitumen-worl...

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