US banking crisis triggered rally in gold

Bloomberg Gold edged lower in Asia after surging more than 5% over the three previous sessions as the collapse of a major US bank spurred a flight to haven assets.…

Migrations from ZSE to alter bourse’s outlook

Enacy Mapakame-Business Reporter The migration of a number of companies from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX) is expected to continue and…

February gold production flat

Michael Tome-Business Reporter ZIMBABWE’s gold output for last month remained flat at 1,89 tonnes compared to the previous month, as heavy rains which characterised many parts of the country weighed…

Milton Easter Rugby Festival fixtures out

Brandon Moyo, Sports Reporter THE fixtures for the 2023 Milton Easter Rugby Festival set to take place from March 31 to April 1 at Hartsfield Rugby Grounds in Bulawayo have…

Bulawayo leather studio by May this year

Nqobile Bhebhe, Senior Business Reporter ZIMBABWE’S first Satellite Leather Design Studio to be housed in Bulawayo is expected to be operational by May as substantial funding has been sourced to…

Budget deficit levels declining under NDS1

Nqobile Bhebhe, Senior Business Reporter GOVERNMENT’S National Development Strategy 1 (NDS1) posted tremendous strides in the fourth quarter of 2022 with budget deficit levels declining below set targets of 1,65 percent…

Real Madrid to avoid Liverpool comeback

MADRID. — Real Madrid got used to pulling off dramatic comebacks in the Champions League football last season. Now they need to avoid one to keep their title defence going.

Old Mutual SA reports 10pc jump in profit

South Africa’s second-largest insurer Old Mutual posted double-digit growth in profits, on the back of a decrease in the effect of the Covid-19 pandemic, following a high claims environment over…

Asia stocks fall amid turmoil, Japan yield drops

Asian equities extended declines Tuesday, led by weakness in financial stocks as the collapse of Silicon Valley Bank continued to reverberate across global markets. A gauge of Asian shares tumbled…

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