Oil slumps

Oil prices extended the gloom yesterday after a Saudi-Russian price war and an equities meltdown sparked by the coronavirus pandemic saw their biggest weekly losses in more than a decade.

Sand dams could be answer to water woes in drought

Everything begins with water, so goes an old adage. And harnessing low-tech innovations such as sand dams could help communities in drought-prone parts of the country prepare for the effects of climate change that now includes longer periods of drought and erratic rainfall patterns.

Old Mutual share price drops

The share price of dually listed entity, Old Mutual Limited, fell by 19,91 percent on the Zimbabwe Stock Exchange yesterday in the wake of Government’s decision to suspend the share’s fungibility status for the next 12 months to March 12, 2021.

Maintenance cases decline

THE number of women applying for maintenance for children in civil courts countrywide has declined 20 percent, a development legal experts and gender advocates believe is a direct result of paltry amounts being awarded that do not reflect the cost of living and so are not worth seeking.

Zim to celebrate World Water day

Zimbabwe, together with the rest of the world, will next Sunday and Monday celebrate World Water Day and World Meteorological Day.

Gold jumps

Gold prices jumped in early trade yesterday after another emergency rate cut by the US Federal Reserve, before paring gains as some investors sold the metal for cash amid a sell-off in equities.

Council, UFIC to build schools and clinic

Sunningdale and Kuwadzana high-density suburbs are set to benefit from schools, a clinic and a people’s market that are being constructed by Agape Family Care (AFC), a charity arm of United Family International Church and Harare City Council.

Standard Bank profit up

Standard Bank Group’s adjusted full-year profit rose 1,1 percent, missing estimates, as a moribund South African economy weighed on the continent’s largest lender.

Trading on Wall Street halted as S&P 500 tumbles 8%

The S&P 500 tumbled 8% at opening on yesterday, triggering an automatic 15-minute halt of Wall Street’s three main indexes for the third time in six days, as traders reacted…

Lagos blast death toll rises to 17

Authorities in Nigeria’s largest city Lagos yesterday said that the death toll from a suspected gas explosion had risen to 17 as emergency services dug bodies from the debris. The…

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