Experts warn U.S. entering “worst part” of pandemic as COVID-19 cases surpass 10 mln

WASHINGTON — The United States confirmed more than 10 million COVID-19 cases on Monday, just 10 days after hitting 9 million. Experts warned the country is entering the pandemic’s worst…

Turnall records 11 pc volumes growth

Turnall says the easing of lockdown restrictions has increased demand for its products with third quarter performance above same period last year.

US$70 billion economy possible by 2030 – ZIDA . . . But

A US$70 billion economy by 2030 from the current level of US$21 billion, is achievable, but requires a consistent annual growth of 10 percent in the coming years, according to the Zimbabwe Investment and Development Agency (ZIDA).

SA plans short-dated bond to lower borrowing costs

South Africa plans to introduce a new short-dated bond to help lower government borrowing costs by lessening dependence on more expensive long-term debt, National Treasury officials told investors.

Spotlight: China boosts multinational firms growth as COVID-19 plagues global economy

As the world economy is grappling amid the COVID-19 pandemic, those deeply afflicted multinational firms are getting a boost in China, one of the world’s largest consumer markets, which has helped instil hope into the recovery of global economy.

Zimbabwe dollar eases marginally

Business Writer The Zimbabwe dollar remained range bound, although easing marginally against the United States dollar during Reserve Bank of Zimbabwe managed foreign currency auction on Tuesday, trading 0,004 percent…

Domesticating value chains is the way – Dr Nzenza

Business Writer THE Minister of Industry and Commerce, Dr Sekai Nzenza, says creating solid domestic value chains is a top Government priority as Zimbabwe forges ahead with its drive to…

Hyundai posts losses in Q3

Hyundai Motor, South Korea’s biggest automaker, recorded an operating loss in the third quarter due to an engine-related provision cost, the company said Monday. Hyundai’s operating loss reached 313.8 billion…

Anglo’s Unki production up 12 pc

Enacy Mapakame Anglo American Platinum Limited’s local unit, Unki Mine’s platinum group of metals (PGM) production for the third quarter to September 2020, rose 12 percent to 60,000 ounces compared…

Stanbic wins prestigious banking award

Business Writer Stanbic Bank has reclaimed the best bank in Zimbabwe title awarded by the European, Middle East and Africa, EMEA Finance at the recently held African Banking Awards 2020.…