Inequality gap widens as world sees record number of billionaires

Washington — The global economy created a record number of billionaires last year, exacerbating inequality amid a weakening of workers’ rights and a corporate push to maximise shareholder returns, charity…

Global stocks scale record highs as U.S. government shutdown ends, yen turns down

TOKYO – Asian stocks advanced on Tuesday after U.S. senators struck a deal to end a government shutdown in a boost to Wall Street, while the dollar turned higher against…

Bourse records gain

HARARE – The Zimbabwe Stock Exchange’s All Share Index gained 0.10 points (or 0, 11 percent) to close at 91.60 as Meikles put on $0, 0100 to close at $0,…

Scott struggles against heavies

Takudzwa Chitsiga, Harare Bureau SCOTT Vincent’s flirtation with the heavyweights of the golfing world ended in disappointment despite making the cut in the Abu Dhabi HSBC Championship at the Abu…

Zesa workers demand 75pc salary raise

Felex Share Senior Reporter Zesa workers are demanding an outrageous 75 percent increase in salaries and allowances across the board, a move that will almost double the power utility’s monthly wage…

Govt lays out new procurement rules

Felex Share Senior Reporter Companies and individuals will not be allowed to trade with Government if they are not registered with the Procurement Regulatory Authority of Zimbabwe, previously known as the…

Chivayo deals: Heads to roll at Zesa

Zvamaida Murwira Senior Reporter The Zimbabwe Power Company (ZPC) was prejudiced of more than $7 million — and not the $5 million initially reported — through suspected irregular payments to businessman…

Queen keen to mend Zim, UK ties

Tichaona Zindoga Political Editor THE Queen of the United Kingdom, Elizabeth II, is seeking to reconcile Britain with Zimbabwe and is pinning hopes on the latter rejoining the Commonwealth.

Vendors heed Govt ultimatum

Innocent Ruwende Senior Reporter The Zimbabwe Local Government Association (Zilga) yesterday welcomed vendors and pirate taxi operators moving to designated places, saying their presence had made it impossible to properly manage…

Cholera: Govt on high alert

Paidamoyo Chipunza Senior Health Reporter Government has reactivated all its rapid response machinery to respond to a cholera outbreak that has so far claimed four lives in Chegutu. Addressing a Press conference…

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