Zim records FDI growth

Zimbabwe recorded an average 8  percent ($452 million) growth in Foreign Direct Investment (FDI) inflows  over the past 6 years, with 2018 recording the highest inflow at $745  million on the back of renewed interest from investors to pour their  money into the country following years of isolation.

US markets comeback

US markets made a comeback last Monday and Tuesday, erasing last week’s massive losses.

French economy falls

France’s national statistic bureau INSEE last Wednesday said the country’s gross domestic product (GDP) fell by 17 percent in the second quarter (Q2) this year, better than its previous estimation of a fall of 20 percent in late May.

Delta starts new service

Major US airline Delta hopes to start service between Cape Town and Atlanta in October this year, subject to government approvals, it said in a statement last Friday.

UK investor completes acquisition of Lubu coalfields

A UNITED Kingdom-based investment group, Contango Holdings, has completed acquisition by way of reverse takeover of Consolidation Growth Holdings’ interest in the Lubu coalfield project in Matabeleland North. The holding…

Artisanal miners die after shaft collapses

TWO artisanal gold miners died on Tuesday after a shaft they were working in collapsed at Treasure 8 Mine in Silobela in Midlands.

Wheelchair tennis players cry foul

Top professional wheelchair tennis players have slammed a decision by US Open officials to scrap the wheelchair event from this year’s tournament as “disgusting discrimination”.

Novuyo Seagirl collaborates with Harmony for love singles

Mthabisi Tshuma, Showbiz Correspondent House musician Novuyo Seagirl has collaborated with up-and-coming Harare-based afro-pop musician Harmony for a series of love songs. The duo recently released their first single titled…

Zifa threaten Allan Mpofu and company

Sikhumbuzo Moyo, Senior Sports Reporter ZIFA has threatened the quartet of Bulawayo province vice chairman Allan Mpofu and his three members of the board with unspecified action if they don’t…

Bid to stop parly hearings dismissed

Mashudu Netsianda, Senior Court Reporter BULAWAYO High Court judge Justice Nokuthula Moyo has ruled that she has no power to stop a constitutional process that is mandated by the supreme…

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