US$50m investment to bring cheers to Hwange

Business Reporter HCCL Holdings, formerly Hwange Colliery Company Limited, has partnered with a Chinese company, Zhong Jiani Investment (ZJI) for a US$50 million new underground coal mine in the Hwange…

Nigerian refineries lose US$1,8bn to oil theft

According to the Nigeria Extractive Industries Transparency Initiative, Nigeria lost 619,7 million barrels of oil valued at US$46,16 billion over a 12-year period. Additionally, the country lost US$1,84 billion worth…

Gold nears record as traders bet on US rate cuts

Gold rallied toward a record as expectations for Federal Reserve rate cuts grow and traders ramp up bets on a second Donald Trump presidency. Spot bullion rose 0,8 percent to…

KMH targets 8pc rise in gold production

Oliver Kazunga Senior Business ZIMBABWE’S largest mining group, Kuvimba Mining House (KMH), is targeting an 8 percent jump in gold output this year to 3 500kg, underpinned by increased ore…

Spain celebrates Euro 2024 heroes

Thousands of people in Madrid welcomed Spain’s squad home on Monday after they beat England to win Euro 2024. After receptions with King Felipe VI and prime minister Pedro Sanchez,…

Mbappé fulfils his Madrid destiny

“Good afternoon everyone. I’m going to try to speak Spanish.” Unsurprisingly for a transfer that has been more than a decade in the making, Kylian Mbappe came prepared.  It was…

Eye-watering taxes await SA under two-pot tax system

South African pension fund members who are considering accessing a portion of their retirement savings under the two-pot system must realise that it is a costly way of getting money.…

England players pay tribute to Southgate

England players have paid tribute to Gareth Southgate following his resignation as Three Lions manager yesterday.  Southgate confirmed that he had left his role, coming less than 48 hours after…

Prime Rangers out to retain title

Takudzwa Chitsiga Sports Reporter PRIME Rangers Soccer Academy are confident of retaining the Prime Leisure Centre Under-21 Challenge football trophy in the 2024 edition at Allan Wilson School on Saturday. …

England expect West Indies’ response

Opener Zak Crawley says England are expecting a strong response from West Indies in the second Test after hammering the tourists in the series opener last week.  England went 1-0…