JUST IN: Mabamba to appear in court

Chitungwiza-based land developer Fredrick Mabamba is expected to appear in court this morning over allegations of illegally parcelling more than 2 000 residential stands in Chitungwiza during the time he was deputy mayor for the town.

Law Society of Zimbabwe elects new president

Emmanuel Kafe
Lawyer Wellington Magaya has been elected president of the Law Society of Zimbabwe.
Mr Magaya will be deputised by Rumbidzai Matambo.

Civil servants scheme launched

Online Reporter
CIVIL servants who intend to contribute to the Government Mutual Savings (GEMS) fund – a scheme from which they can access concessionary loans – will begin paying premiums this month.

Covid-19 infections drop

Online reporter
THE number of Covid-19 cases recorded countrywide has dropped from mid-January to present, an indication that the situation is now under control, a senior Government official has said. 

Is bitcoin the new gold?

Bitcoin’s price has once again soared in recent months, as has the price of some of its other cryptocurrency peers such as Ethereum – making this very modern form of investing a very ‘hot’ topic at the moment.

Tesla gets lofty US$1,200 price target as ‘fireworks’ not over

Last year’s gains in Tesla are far from over as the company consolidates its leadership position in the EV industry in multi-trillion dollar markets, one Wall Street analyst said on Monday.

Kenyan flower growers need freight for Valentine’s Day

Reduced air-freight capacity and lockdowns in key European markets threaten to hurt Kenyan flower sales for Valentine’s Day.

South African gloom

South Africa – a leading producer of platinum, palladium, chrome and gold – was the worst-hit African nation, with overall mining exploration budgets at a 17-year low. The Democratic Republic of Congo, Burkina Faso and Ghana also had sharp falls.

Africa’s pandemic-hit mining sector faces exploration challenge

Travel restrictions, supply chain disruptions and risk aversion since the start of the Covid-19 pandemic have slammed the brakes on mining exploration in Africa, jeopardising the minerals supply pipeline.

Biggest African data-center firm raises R2.5bn for new hub

Teraco Data Environments, Africa’s largest data-center company, raised R2.5 billion (US$170 million) to fund the construction of a new facility in South Africa.

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