Soldier on, American playwright urges Zim

Clodine Manyozo Entertainment Reporter Leading American playwright Sasha Emmerson, coordinator of the just-ended Almasi Playwright Conference, has urged the local industry to soldier on in the face of economic hardships.…

Hre City expecting Lyon windfall

PREMIERSHIP side Harare City and Highfield Academy are set to reap huge benefits from the striker’s 15 million euro move to French top-flight side Lyon.

SA power cuts hit sales

Woolworths has blamed slower sales on load shedding and unseasonal weather. Yesterday morning Woolworths released a trading update for the 26 weeks to December 29, and warned that its headline…

Sources, uses of funds

A Deposit Protection Scheme (DPS) should have all funding mechanisms necessary to ensure prompt reimbursement of depositors’ claims available including a means of obtaining supplementary back-up funding for liquidity purposes…

fastjet yet to close restructuring deal

Fastjet Plc said yesterday it is still to finalise its due diligence on fastjet Zimbabwe and securing the required regulatory approvals for its disposal.

Malaba ruling to affect insurance, pension firms

Although banks and other lenders are likely to take a hit from the landmark ruling on United States dollar debts, the decision should also affect firms that are significantly dependent on interest income, analysts have said.

Oil slips

LONDON. — Crude prices extended declines yesterday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose and more businesses were…

Bulls dominate ZSE trades

Bulls dominated trades on the Zimbabwe Stock Exchange (ZSE) last week as local currency depreciated against the green back on the illegal parallel market.

IMF aid to Congo on hold

Talks to salvage a tentative $1,7 billion debt restructuring between Congo Republic and energy traders Glencore and Trafigura are stuck, sources said, jeopardising an International Monetary Fund bailout for the debt-hobbled nation.

Ginimbi flaunts new Ferrari

Flamboyant businessman Genius “Ginimbi” Kadungure is known for high life and his penchant for luxury cars seems insatiable.

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