Falgold loss widens
Mining firm, Falcon Gold Zimbabwe Limited (Falgold), widened its net loss for the year to September 30, 2018 to US$4,8 million compared US$684 074 in the prior year on a myriad of operating challenges.
Mafuwe dance fest comes to town
Hosting 25 international artistes, 35 local artistes, 13 dance performances and 7 shows in 3 days, MAFUWE International Festival of Dance, is set to roar into life in Harare from August 16-18, 2019.
Clubs spend £1,7bn
The English Premier League transfer window, a window that never simply closes but rather “slams shut”, came to an end last week as the country’s leading clubs splashed out £1,41 billion ($1,7 billion) during the shopping bonanza — including £170 million ($205 million) on the final day alone.
Merson apologises
Sky Sports pundit Paul Merson admits he’s apologised to Harry Maguire for questioning Manchester United’s £80 million move for the England international.
Twins take Zim rowing to new heights
Rowing twins Rory and Patrick Plunket took Zimbabwe rowing to new heights by qualifying for the A Final in the Boys Double Scull event in the last day of racing on Sunday August 11, 2019 at Junior World Rowing Championships, held in Tokyo, Japan.
Stanbic Bank suffers R2,1bn exchange loss
StanBIC Bank Group took a R2,1 billion exchange loss from its Zimbabwean-based operations, Stanbic Bank, after Government made changes to the country’s functional currency.
Apple faces life after iPhone. . . but still banks on its flagship product
Apple generated less than half of its total quarterly revenue from sales of the iPhone for the first time since 2012 — a sign the company is entering life beyond its flagship product.
Are markets signalling recession due?
Financial markets have flashed a warning sign about the economic outlook for the UK and the US.
SA stocks nears six months low
JOHANNESBURG. — South African stocks slipped to a near six-month low on Wednesday after the US Treasury bond yield curve inverted for the first time since 2007, reflecting concerns over the outlook for the world’s biggest economy.
Mobile phones replace bank accounts in Africa
It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane locks himself behind the metal bars every day at 6am.

