Bako includes football in training regime
ACE junior motocross rider, Emmanuel Bako, is stuck in the country after failing to return to South Africa to race in regional and national events due to travel restrictions.
Major US sporting events stopped in protest
NEW YORK. — Major United States sporting events were called off on Wednesday as athletes protested against racial injustice following the police shooting of Jacob Blake in Wisconsin last week.
Jere’s freedom bid hits brick wall
HARARe businessman Farai Jere (pictured) and two Zimbabwe Electricity Supply Authority (zesa) employees, Leonard Chisina and Freeman Chikonzo, were yesterday denied bail in a case in which they are facing US$3 million fraud charges.
Nation faces another wave of power cuts. . . low revenue hits Zesa Holdings
Zimbabwe may experience potentially devastating power cuts in the next few weeks after coal miners threatened to stop supplies to power utility, Zesa Holdings over a debt of at least $600 million (about US$7,2 million).
‘Zim stuck without international support’
Zimbabwe is being forced into a corner by the refusal of multilateral lenders to lend the country more money as the nation faces economic meltdown, according to a Bloomberg report quoting a top treasury official.
ZNCC calls for recovery strategy
Businesses in Zimbabwe suffered collapse in both domestic and export sales, as well as a declining capacity utilisation as a result of Covid-19, a survey by the Zimbabwe Chamber of Commerce (ZNCC) has revealed.
‘Covid-19 to widen fiscal deficit’
The World Bank says the need by the Zimbabwean Government to scale up financing for health care and social protection, especially in urban areas, amid high vulnerabilities to the Covid-19 induced lockdown, has raised spending pressures on the national Treasury.
Whither Zim’s food inflation?
Zimbabwe’s month-on-month Food and Non-Alcoholic Beverages inflation rate stood at 37,99 percent in July 2020, gaining 0,26 percentage points on the June 2020 rate of 37,73 percent.
Local firms in pension contribution arrears
Local companies have failed to remit at least $887 million in employee pension contributions to pension funds between January to June this year.
Edgars rights offer to boost growth
Listed clothing retailer, Edgars Stores Limited, says proceeds from its recent rights offer will be channelled towards enhancing the group’s growth capabilities.









