‘Qatar is committed to fighting ISIS despite exceptional circumstances due to COVID-19’
Doha, June 04 (QNA) – HE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani stressed Thursday in the meeting of the Global Coalition to Defeat ISIS Small Group, that despite the exceptional circumstances faced by the State of Qatar and the world because of the coronavirus (COVD-19) pandemic, the State of Qatar remains committed to combating ISIS in Iraq and Syria and to the goals of the Global Coalition to Defeat ISIS to create conditions for a permanent defeat of the terrorist group through a comprehensive and multifaceted effort.
Covid-19: Double whammy for local manufacturers
Tawanda Musarurwa Zimbabwe’s listed manufacturers that are struggling with low local demand for their products, now face perhaps an even bigger problem – a halt in production for a yet…
Lockdown could cost RTG 6pc of annual revenue
Zimbabwe Stock Exchange-listed Rainbow Tourism Group Limited (RTG) could lose a potential 6 percent of its total annual revenues during the 21-day lockdown ordered by Government effective from 30 March 2020
Employers struggle to meet salary obligations
Early indications are that many firms will struggle to pay April salaries as they are generating little or no income during the 21-day lockdown period, president of the Employers’ Confederation of Zimbabwe (EMCOZ) Dr Israel Murefu has said.
Global report: South Africa records biggest jump in Covid-19 cases since
South Africa has reported a record jump in new Covid-19 cases – nearly 80 percent higher than its previous daily record – as the country gradually eases its lockdown. The surge came as Brazil overtook Italy to become the third worst affected nation for deaths, behind the US and the UK.
Zesa plundered!
A forensic audit into the operations of Zesa Holdings and its subsidiaries, has revealed startling details of how the power utility may have been systematically plundered and prejudiced of millions of US dollars through shoddy contracts, corruption and corporate governance deficiencies.
Old Mutual takes inflation hit
Listed insurer Old Mutual Zimbabwe’s profit after tax for the year to December 31, 2019 declined to R312 million as the interims took a significant hit following the adoption of International Financial Reporting Standards (IFRS), which factor in hyperinflationary accounting.
Privatisation offers below market value
THE privatisation of subsidiaries and associate companies of state-owned Industrial Development Corporation of Zimbabwe (IDCZ), is moving at a snail’s pace as most offers are well below market value, an official has said.
COVID- 19: Hygiene key for breastfeeding mothers
Last week, the first Covid-19 positive woman in Zimbabwe gave birth through a caesarean section at Gweru Provincial Hospital with steps put in place to make sure the baby did not get infected.
Forex traders shun Mthuli’s platform
The interbank market that was liberalised a fortnight ago to a managed float, is struggling for traction amid reports that no trades have gone through the system since the announcement of new trading measures by Government.










