Stocks tumble, yields climb on Fed rate hike jitters

Asian equities tumbled, Treasury yields pushed higher and the dollar extended gains as hawkish rhetoric from Federal Reserve Chair Jerome Powell hurt global appetite for risk taking. A gauge of…

US$150m to repair Old Gwanda Road… Local investor engages Government on build, operate and transfer deal

Nqobile Tshili, Chronicle Reporter AN Umzingwane District-born businessman has engaged Government to inject US$150 million to rehabilitate 120KM Old Gwanda Road under a build, operate and transfer (BOT) arrangement. Engineer…

Eskom to miss target to boost power output

South Africa’s state power utility will miss a target to boost output from struggling coal-fired plants by the end of March, highlighting the poor state of equipment whose viability is…

Ex-soldier with a passion for the ‘golden leaf’

Patrick Chitumba, Midlands Bureau Chief AFTER he was hired on two consecutive seasons to transport tobacco bales from Kwekwe to Harare auction floors and, seeing farmers being paid huge amounts…

The difference between fraud and theft

Godknows Hofisi Businesses face the risk of fraud, theft or both from employees or third parties. If one reads stories under Crimes and Courts it is common to read about…

Zimbabwe to scale up diamond cutting, polishing industry

Senior Business Reporter MINES and Mining Development Minister Winston Chitando has said the country is targeting seven million carats this year as the country plans to scale up the diamond…

COMMENT: DigitALL tools can empower women

The world marked International Women’s Day yesterday, a moment when all of us celebrate the social, economic, cultural, and political achievements of women. The day, first commemorated in 1911, also…

Still going strong at 56

Brandon Moyo, Sports Reporter AT the age of 56, marathon runner, Fatima Hassin is not showing any signs of slowing down anytime soon as she continues her brilliance as a…

‘Zimbabwe on growth trajectory’

Mutare Bureau ZIMBABWE’S economy has recovered and the country is now on a growth trajectory despite being saddled by sanctions for the past 23 years, President Mnangagwa has said. Addressing…

From Bulawayo to the world: NiteFreak features in Forbes Magazine

Brandon Moyo A FEW days ago, we bid farewell to February, a month which is rather significant for many people around the world. For Americans, it is especially a month…

×