adminSA factory activity contracts for fourth straight month, survey shows
South African manufacturing activity contracted for the fourth consecutive month in May, with a particularly steep decline in expected business conditions, a survey showed yesterday. The seasonally-adjusted Absa Purchasing Managers’…
IMTT reduction powers EcoCash revenue
Business Reporter Listed financial services provider EcoCash Limited says the review of the Intermediated Money Transfer Tax (IMTT) in January this year has positively impacted group revenue. Chairperson Sherree Shereni…
Stocks rise on China data surprise, US Fed pause talk
Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US default and investors weighed the prospect of a pause in rate hikes…
Irrigation development to boost agriculture investment
Elton Manguwo Irrigation development in the country has the potential to de-risk agricultural production and also grow investments in the sector, a senior Government official has said. This comes as…
Zim-Algeria relations set for new heights
Zimbabwe and Algeria’s relations continue to elevate to new heights on the back of the Second Republic’s fruitful engagement and re-engagement drive that has seen both political and economic gains, Algerian Ambassador to Zimbabwe Noureddine Yazid has said.
Chibuwe harnesses hot springs for gardens
Farmers at Chibuwe village in Ward 5 of the Rupise area of Chimanimani District are retracing their ancestors’ footsteps and using water from Hotsprings — about 80 kilometres south of Mutare —to grow vegetables and crops year-round.
Brazil protests to FIFA over racism against under-20 player
LA PLATA. — The Brazilian Football Confederation (CBF) on Wednesday said it has filed a protest with world governing body FIFA after defender Robert Renan was racially abused following a Under-20 World Cup match.
Fuel crisis grips Nigerian cities
ABUJA. – A proposal by Nigeria’s new president to remove costly fuel subsidies has sparked a rush to snap up cheap petrol and led to long queues outside gas stations…
Messi to play last game for PSG on Saturday — Galtier
PARIS. — Lionel Messi will play his last game for Paris St Germain against Clermont tomorrow, coach Christophe Galtier said yesterday, as he called on fans to give the Argentina forward a warm send-off at the Parc des Princes.
Huawei helps empower Malawi’s ICT sector
BLANTYRE. – Huawei is making remarkable strides in advancing information communication technology (ICT) programmes in Malawi with the establishment of the Huawei Academy within the country.