Foreign Currency constitutes bulk of broad money

By value foreign currency now constitutes the bulk of the broad money in the country’s banking sector, latest statistics from the Reserve Bank of Zimbabwe show.

Mabhudhu appointed ZCDC boss

Vastly experienced metallurgist, Mark Mabhudhu, has been re-appointed Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer.

China enhances logistics, manufacturing synergy to support ‘dual circulation’

BEIJING, Sept. 21 (Xinhua) — China is looking to enhance the efficiency of its logistics industry and promote its integration with the manufacturing sector under efforts to support the dual circulation development pattern.

Debt-laden Ascendis Health expects rise in earnings as it continues to restructure its business

Ascendis Health announced on Tuesday that it expects its earnings to increase by up to 333 percent for the year ended 30 June 2020, as it continues to chip away at its debt pile.

Schools to reopen in 3 phases

All school classes will reopen over the next six weeks in three phases, but with smaller numbers of pupils, more teachers and other health-related measures so that children can resume education without the risk of a spike in Covid-19 infections.

Corruption: Ex-minister Machaya jailed

Midlands Bureau Former Midlands Provincial Affairs Minister Jason Machaya was yesterday jailed for an effective two-and-a-half years after being convicted on abuse of office charges involving the illegal allocation of…

Forex auction allotments top US$30m

Business Reporter Foreign currency allotments leapt almost 50 percent in yesterday’s auction to more than US$31,6 million, smashing spectacularly a record set just a week ago, and with around two…

Ramaphosa takes Zim sanctions removal call to UN

Farirai Machivenyika Senior Reporter THE 75th Session of the UN General Assembly began yesterday with African Union (AU) chairman and South Africa’s President Cyril Ramaphosa reiterating the call for the…

Editorial Comment: It’s up to small-scale farmers to deliver

The distribution of farming inputs under the Climate-Proofed Presidential Inputs Programme, commonly known as Pfumvudza, is now in full swing countrywide, ensuring that farmers will earn a profit from their…

Villa’s US$100m African makeover…Traore’s capture leaves club’s footprints in all corners of the continent

ASTON Villa’s US$100 million makeover, with an African touch, now has its footprints in all the four parts of the continent.

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