South Africa’s rand firms as vaccine hopes boost risk demand

JOHANNESBURG – South Africa’s rand edged up early on Wednesday, clinging on to gains spurred by global hopes of a coronavirus vaccine even as investors remained cautious and limited their…

COVID threatens livelihood of 164 million people in Africa’s informal economy

Sifelani Tsiko The novel coronavirus pandemic threatens to destroy the livelihoods of more than 164 million workers in Africa’s informal economy – the largest employing sector, the International Labour Organization…

First Capital to contain loan defaults

Tawanda Musarurwa With the tourism sector perhaps the hardest hit segment of the economy by the coronavirus (Covid-19) pandemic, financial services provider First Capital Bank says it does not expect…

Miners seek to revive sector

Dumisani Nsingo, Senior Business Reporter THE Zimbabwe Miners Federation (ZMF) is working on coming up with initiatives of mitigating against unprecedented production loss by artisanal and small-scale miners in the…

JUST IN: Former Zesa CEO acquitted

FORMER ZESA Holdings group chief executive officer Joshua Chifamba has been acquitted of criminal abuse of office charges, in which he was jointly charged with former Energy Minister Elton Mangoma and Zesa Enterprise managing director, Tererai Luis Mutasa for engaging a South Korean electricity company in a local project without the Treasury and board’s approval.

Baby drowns in bucket

Sukulwenkosi Dube-Matutu, Gwanda Correspondent A ONE-YEAR-OLD baby drowned in a bucket full of water after her grandmother left her unattended in Fort Rixon. Matabeleland South provincial police spokesperson, Chief Inspector…

Govt to consider domestic market in reviving tourism sector

Dumisani Nsingo, Sunday News Reporter THE Government will prioritize the growing of the domestic market as one of its strategies aimed at expediting the recovery of the tourism sector in…

Zimbabwe Cricket donates COVID-19 essentials to children’s home

Mehluli Sibanda, Senior Sports Reporter ZIMBABWE Cricket on Tuesday disinfected Chinyaradzo Children’s Home premises and donated hygiene essentials as well as some medication to support the orphanage’s coronavirus fight. The…

Gvt warns briefcase companies on COVID-19 tender abuse

Vusumuzi Dube, Senior Reporter THE Government is in the process of sifting out briefcase companies wanting to abuse the tendering system for the purchase of equipment for the country’s fight…

COVID-19: Nine Malawian border jumpers test positive

NINE Malawian border jumpers who were intercepted along with 32 others after skipping the border from South Africa have tested positive for Covid-19.

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