Chinese yuan overtakes USD on Moscow exchange

BEIJING. – The Chinese yuan became the most traded currency on the Moscow Exchange for the first time on Monday, with trading turnover in the yuan-ruble pair reaching 70.3 billion…

EDITORIAL COMMENT: DW reopening plugs a huge industrial gap

The reopening, or more precisely the recommissioning, of David Whitehead Textiles in Chegutu is restoring one of the critical primary industries Zimbabwe lost over the last couple of decades and…

RBZ not ditching auction despite dwindling volumes

Business Writer The Reserve Bank of Zimbabwe is likely to keep the foreign currency auction system for much longer after central bank governor, Dr John Mangudya, described it as the…

Mother of the nation spearheads empowerment

Tendai Gukutikwa Manicaland Bureau  FIRST Lady, Dr Auxillia Mnangagwa’s motherly passion to uplift the lives of the vulnerable in society has driven her to launch yet another empowerment initiative, this…

COMMENT: Disco sets Zimbabwe on path to upper middle-income attainment

Averitable giant is rising in Manhize, Chirumhanzu District, Midlands Province. Dinson Iron and Steel Company (Disco), a subsidiary of Tshingshan Holding Group of China is investing US$1 billion building a…

Chevrons carry fans’ hopes to T20 World Cup

Mehluli Sibanda, Sports Editor FIFTEEN players, fifteen million expectations! That sums it well as the Zimbabwe senior men’s cricket team leaves the country today for Australia to take part in the…

Informal traders request access to social security facilities

Senior Business Reporter Bulawayo Vendors and Traders Trust Association (BVTA) has urged the Government to craft a national budget that would establish subsidised insurance, medical aid and pension schemes for…

Giant pharmaceutical warehouse opens

Mukudzei Chingwere, Harare Bureau Government is determined to facilitate the modernisation of all socio-economic enablers as precursors to the attainment of rapid economic transformation, President Mnangagwa has said. The President made…

Plumtree’s first private clinic opens

Canditar Chapanduka, Chronicle Reporter A PRIVATE clinic has opened in Plumtree to offer specialist services that were not available in the town and three doctors will be attending patients, with plans…