JUST IN: Red flag raised over Mucheke Stadium

THE Parliamentary Portfolio Committee on Youth, Sports, Arts and Recreation on Monday raised a red flag over the state of Mucheke Stadium and implored Masvingo City Council to urgently commit resources towards its facelift.

JUST IN: President mourns Chamisa’s mother

President Mnangagwa has passed his condolence message following the untimely death of MDC-Alliance leader Mr Nelson Chamisa’s mother.

President consoles Chamisa Family

Chronicle Reporter PRESIDENT Mnangagwa has sent his condolence message to the family of MDC Alliance leader Mr Nelson Chamisa following the death of his mother, Gogo Chamisa. Gogo Chamisa died…

Prospect appoints advisor for disposal of Arcadia Lithium project

Business Writer African lithium developer, Prospect Resources, has appointed Renaissance Capital as financial adviser in relation to the potential sale of its interest in Arcadia Lithium Project to Russian energy…

Life assurers suffocate funeral firms

Tawanda Musarurwa Funeral assurance firms might struggle to remain viable as they continue to lose business to life assurers, the Insurance and Pensions Commission (IPEC) has warned. Although life assurers…

RBZ rejects $50m TBs . . . bank sought to raise $500 m

Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) last week rejected all $50 million worth of bids for the 364-day Treasury Bills (TBs) the apex bank had floated in order…

AfDB, WTO collaborate to bridge trade finance gap

Business Writer The African Development Bank Group has joined the World Trade Organisation and other multilateral development banks to reduce trade finance gaps that emerge as a result of the…

Chinese automaker Geely sees sales increase in June

Chinese automaker Geely Automobile Holdings Limited on Monday reported a sales increase in June. The company sold 110,129 units last month, up about 21 percent year on year and up…

Huawei says it remains “open to discussions” with UK government

Chinese technology firm Huawei said Sunday that it remains “open to discussions” with the British government and is working closely with its customers to find ways of managing the proposed…

Germany vows to beef up finance watchdog after Wirecard drama

German Finance Minister Olaf Scholz said Sunday he wanted to overhaul the country’s finance watchdog Bafin and give it more powers after a massive fraud scandal involving digital payments firm…

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