Hyundai Motor’s operating profit logs double-digit fall in 2020

SEOUL, Jan. 26 (Xinhua) — Hyundai Motor, South Korea’s biggest automaker, logged a double-digit fall in operating profit last year due to an economic fallout from the COVID-19 pandemic, the company said Tuesday. 

Gwanda council opts for satellite facilities as health centres shortage looms

Mthabisi Tshuma, Gwanda Correspondent THE rising population in the mining town of Gwanda does not tally with the health facilities that are found in the capital of Matabeleland South Province.…

Old Mutual profit slumps

Johannesburg Stock Exchange (JSE) listed financial services giant, Old Mutual Limited (OML), is downbeat about its full year profitability due to the challenging economic environment that prevailed.

Forex demand outstrips supply

Industry’s demand for foreign currency continues to rise, with the Reserve Bank of Zimbabwe (RBZ) on Tuesday accepting bids of a record US$39,7 million.  

Zim, UAE agribusiness ties to blossom

The food and agribusiness virtual seminar between United Arab Emirates (UAE) and Zimbabwe that kicks off today provides a golden opportunity for firms in the agriculture value chain to penetrate markets in the oil rich country. 

Grab AfCTA opportunities, businesses told

ZIMBABWE’S private sector should use the African Trade Observatory to gather market intelligence and boost trade riding on the operationalisation of the African Continental Free Trade Area (AfCFTA). 

Deal to end Mali ethnic conflict

A Swiss mediation body says nomadic and farming communities in central Mali have agreed to stop fighting. The Centre for Humanitarian Dialogue said the Fulani and Dogon people signed three…

A gadget the size of a coffee maker can take Covid-19 testing to every doorstep

Sunday News Correspondent 40-year-old Lina Muroyi is apprehensive. She undertook tests for Covid-19 a week ago but her results are not yet out. She has been battling a bad cold…

Rwandans defy lockdown after win

Residents in Rwanda’s capital, Kigali, poured into the streets on Tuesday night after the national football team qualified for quarter finals of the African Nations Championship (Chan). The authorities imposed…

IOC targets safe, successful Olympics

The International Olympic Committee “is fully concentrated and committed to the successful and safe delivery” of the Tokyo Olympics and Paralympics this year despite the Covid-19 pandemic, IOC president Thomas…

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