Matobo channels devolution funds to clinic construction

Nqobile Tshili, Chronicle Reporter DEVOLUTION funds are filling a social development gap which local authorities could not finance due to low revenue collections. The outbreak of Covid-19 disrupted economic activities…

Zim ref fails fitness test at Cosafa tourney

Harare Bureau ZIMBABWEAN female football referee Thanks Nyahuye returned home prematurely from the ongoing Caf Women’s Champions League Cosafa qualifier in Durban after she failed a physical fitness test. Nyahuye,…

Mental patient fatally stabs mother

Midlands Bureau Chief A 24-YEAR-OLD suspected mentally challenged Mberengwa man allegedly fatally axed his mother and buried her remains in a shallow pit in their garden. Police have since launched…

Powell says US taper could start in 2021, with no rush on rate hike

Federal Reserve Chair Jerome Powell said the central bank could begin reducing its monthly bond purchases this year, though it won’t be in a hurry to begin raising interest rates thereafter.

Nigeria’s UAC to buy minority stake as Tiger Brands exits

Nigerian conglomerate UAC plc has signed an agreement to acquire the minority shares of its unlisted subsidiary UAC Foods from South Africa’s Tiger Brands next month, it said.

Fintech investment in Africa – a big-picture perspective

As a listed Pan-African equities portfolio manager, I am fascinated by the enormous amount of private capital that African financial inclusion (fintech) companies have attracted over the last five years. Venture investors have, mostly, paid no heed to the most common risks cited by South African institutional investors such as currency stability and/or availability.

Botswana lifts 2021 economic growth forecast to 9.7 percent

Botswana now expects economic growth of 9,7 percent in 2021, compared with the 8,8 percent forecast in February, helped by higher diamond sales and a recent rebasing of GDP accounts, Finance Minister Peggy Serame told Reuters on Monday.

Seven killed in Honde Valley truck accident

Harare Bureau POLICE yesterday confirmed the death of seven people in road accident which occurred on Sunday, in Honde Valley. National police spokesperson Assistant Commissioner Paul Nyathi said the bodies…

Vital bridge awaits repairs, 7 years after destruction

Mashudu Netsianda, Senior Reporter Bubi bridge linking communities living along the Sengwe Corridor stretching from Beitbridge district to Chiredzi district which was destroyed by floods seven years ago, is yet…

Masca pledges to support basketball

Innocent Kurira, Sports Reporter IN its quest to promote healthy lifestyles among local athletes, a medical aid insurer, Medical Aid Society of Central Africa (MASCA), has pledged to support the…

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