The rapid growth of AI is fuelled by advancements in data processing power, machine learning algorithms, and access to vast amounts of data.
Professional competence is, therefore, of great importance. It will not make sense if the public wage bill increases, whilst the public service, being provided to citizens, declines.
Business Digest
By Kevin Tutani Dec. 20, 2024
Access to appropriate assistive technology is a human right as enshrined in the Convention on the Rights of Persons with Disabilities and the National Disability Policy. 
Insider trading refers to the practice of purchasing or selling a publicly traded company’s securities, while in possession of material information that is not yet public information.
Ministry of Finance, Economic Development and Investment Promotion Public Debt Management Office head Andrew Bvumbe (AB)
This hydroelectric plant, which generates 1 050 megawatts (MW) of power, has been unable to operate at full capacity.
Chitagu encouraged stakeholders to offer help and support to rebuild trust.
 Andrew Bvumbe, head of the public debt management office in the ministry, told businessdigest that the deal needed to be technically assessed.
According to group chief executive officer Lawrence Nyazema, the funds are expected to be disbursed before year-end, providing a much-needed injection of capital for businesses.
The Zimplats CSOT is the economic empowerment model of Zimplats Holdings Limited.
Business Digest
By Lee Musaidzi Dec. 20, 2024
REITs provide investors with a pathway to diversified property portfolios without the need for direct property ownership.
According to the Zimbabwe Investment and Development Agency, the total installed capacity for generation of electricity from all sources is 2 600 megawatts (MW).
According to AfDB vice-president for private sector, infrastructure and industrialisation Solomon Quaynor, recapitalising Transnet would improve the railway network in the region.
Official documents revealed that the country also paid US$14 million to the China-Exim Bank as part of the external debt service payments.
This decision aims to foster price and exchange rate stability in the economy.
Business Digest
By Lee Musaidzi Dec. 13, 2024
The annual survey, held under the theme “Weaving Through a Dynamic Liquidity Terrain”, was sponsored by First Capital Bank Zimbabwe.
This is because the international community has witnessed the use of increasingly sophisticated methods to move illicit funds through financial systems across the globe.
Daily power cuts, eroding wages, shrinking disposable incomes due to inflation, rising prices, and unemployment continue to affect consumers.
To promote sustainability, the company is investigating new approaches involving using alternative materials and production methods to manufacture cement.
This was partially caused by a perfect storm of undervalued stocks and stagnant price adjustments, according to leading securities firms.
The organisation's chief executive officer Anymore Taruvinga told businessdigest in an interview that current criminal penalties were not dissuasive enough.
These initiatives respond to escalating power outages estimated to be consuming 60% of production time.
Zimbabwe’s hyperinflation of 2008 to 2009 eroded the value of most savings, including pension savings.
Public hospitals have battled serious drug shortages, triggering an eruption of corruption, along with a dangerous black market.
About US$13 billion of this amount is owed to foreign creditors.
The Chinese diplomat was optimistic about the future, noting how the private sector’s investments were contributing to Zimbabwe's economic development.
Business Digest
By Lee Musaidzi Nov. 29, 2024
The central bank devalued ZiG by 43% on September 27, after it struggled to hold ground against major currencies, five months after introduction in April.
Business Digest
By Julia Ndlela Nov. 29, 2024
The company intended to produce a target of 20 000 crates of cigarettes every month.  
During 2025, power generation is projected to increase by 10,6%, reaching 10 000 gigawatts (GW) against projected demand of 19 000GW.
Mineral exports, which account for the largest share of merchandise exports, grew by  0,8%, to  US$4,2  billion in 2024. 
Time Magazine described finance as the climate story of 2024.
He said clients got support from the society through conventional mortgages and rent-to-buy arrangements for formal and informal sector workers, respectively.
The company is focused on convenience retail property development projects and operates in Mozambique, Zambia and South Africa, apart from Zimbabwe.
This award recognises a listed company that has demonstrated exceptional performance and growth prospects.
The lawyer emphasised the importance of ensuring compliance with exchange control regulations and tax obligations.
According to Moyo, securing bankable partners has been a significant challenge in finalising deals in Africa.
Mujuru said the initial project was an investment of US$2,1 million with the mine evaluating the cost of adding the 1,5MW.
OK is Zimbabwe’s biggest retail chain, with a countrywide network of about 60 branches.
The operations of the tea growing units are fully integrated with the Blended Tea Factory for value addition.
Business Digest
By Julia Ndlela Nov. 15, 2024
CZR’s views were also shared by the banking sector.
360-Degree Feedback assumes that feedback from multiple sources provides a holistic view of an employee’s performance.
Agriculture and food production The agricultural sector is one of the most directly affected by climate change.
Menopause is a hormonal process that usually has three phases. It occurs when a woman has not menstruated for 12 consecutive months
Sharpe revealed this during an interview with businessdigest at the third edition of the four-day 2024 Ideas Festival in Nyanga last week.
However, the RBZ remains confident that stabilising gold prices, coupled with the country’s rich human capital and natural resources, will help restore economic balance.
Non-Fungible Tokens (NFTs) can be anything digital (such as drawings, music, and games) but a lot of the current excitement is around using the technology to sell digital art.
Cloned websites and apps are fake versions of real platforms, designed to look identical to trusted services like banking, shopping or government portals.
The invention of the Hollerith Tabulating Machine in 1880 revolutionised data processing through the use of punch cards, significantly enhancing efficiency.
Rooted in the work of the Harvard Human Flourishing Programme, this concept represents a profound shift in understanding what it means to live well.
It is, of course, one of those traits of partners that any therapist or self-help guide would say to stay far away from!