Contact tracing apps can be effective with low adoption, Google says

A rise in coronavirus cases can be curbed even with low uptakes of a contact tracing app, offering support to digital tracing efforts pushed by governments globally, according to researchers at Google and Oxford University.

Firms explore for coal in biggest game reserve

In its rush to develop new coal mines to end its power crisis, the Zimbabwe government is handing out concessions to miners in conservation areas, outraged environmentalists say.

On Land Compensation and Public Trust

On 29 July 2020 was the Global Compensation Deed between Government of Zimbabwe and former farm owners. The agreement has two basic goals. The first is to restore trust. The other is to improve productivity in agriculture. The price tag is US$3.5 billion. Matters arising include concerns on government capacity to raise US$3.5 billion and if recipients will be made public. Some deem the Deed a reversal of land reform thus re-igniting social justice questions as other murmur on the constitutionality of the Deed.

Zimplats capex falls 9.3pc in 2020

Platinum group metals (PGM) producer, Zimplats’ capital expenditure dropped 9.3 percent to US$104 million in the year to June 2020, compared to the same period last year, according to a preliminary report released by the group on the Australia Stock Exchange where its shares are listed.

ZB profit jumps 375 percent

Financial services group, ZB Financial Holdings’ profit for the half year to June 30, 2020 jumped 375 percent to $1,13 billion compared to $237,8 million recorded in the same period in 2019.

All eyes on Seed Co’s proposed merger

Zimbabwe Stock Exchange-listed seed producers, Seed Co Limited and its former subsidiary, Seed Co International Limited, have entered into negotiations that will see the two merge into one company.

IDCZ to re-evaluate bids for WMI, Deven

The Industrial Development Corporation of Zimbabwe (IDCZ), will restart the process of evaluating investments bids for Deven Engineering and Willowvale Motor Industries (WMI) following the recent appointment of the new board.

How to ensure poor people in Africa’s cities can still get food during lockdowns

Astrid R.N. Haas More than half of all African countries have now imposed lockdown measures aimed at flattening the curve of new COVID-19 infections. The reason for taking such drastic measures while…

Super-charged stocks race toward second weekly gain

LONDON – World stock markets made a super-charged sprint towards a second straight week of gains on Friday after President Donald Trump laid out plans to gradually reopen the coronavirus-hit…

Rand stronger at end of torrid week

JOHANNESBURG – South Africa’s rand was stronger early on Friday, reflecting optimism over signs of success in a COVID-19 treatment drug trial and early plans to reopen the U.S. economy.…