Akinwumi Adesina AfDB president

Business Writer Renowned economist, Dr Akinwumi Adesina, was on Thursday re-elected to serve a second five-year term as president of the African Development Bank Group. The board of governors of…

Great Dyke Investment in job creation drive 

At least 450 people have been employed at Great Dyke Investments (GDI)’ US$2 billion Darwendale platinum project that is now at mine construction phase that include two portals which are at different stages of completion.

Practitioners ask that submission of Kulula.com owner’s rescue plan be postponed again

Comair operates its own low-cost airline Kulula.com as well as British Airways domestically under a licence agreement.(Supplied) The business rescue practitioners of JSE-listed Comair have selected a preferred offer from…

U.S. jobless claims above 1 million mark for second straight week

WASHINGTON, Aug. 27 (Xinhua) — The number of initial jobless claims in the United States last week totaled above 1 million mark for the second straight week, painting a gloomy outlook for the recovery of a labor market ravaged by the COVID-19 crisis.

Gold advances as investors weigh Fed’s new approach on inflation

  Ranjeetha Pakiam Gold climbed as investors weighed the impact of the Federal Reserve’s new approach to setting US monetary policy. Chair Jerome Powell said that the Fed will seek inflation…

New housing model takes shape

A large cluster of new suburbs is taking shape in Norton with 2 026 homes planned in public-private partnerships under the supervision and control of the Government’s Udcorp agency, which wants to ensure planning and development rules are enforced and that the new home-owners will have a hassle-free journey to fulfil their dreams.

Covid-19 creates birth certificate backlog

No children born after March 30 this year have birth certificates, one of the biggest groups missing critical documents since the Registrar General’s office decided only burial orders would be issued under the Covid-19 decongestion programme.

NRZ bosses face axe in revamp

The National Railways of Zimbabwe is slashing the number of executive directors, the top layer of its management, from six to two, and retrenching other senior managers as part of a restructuring expected to save US$1.2 million a year.

Pfumvudza to benefit more women

WOMEN who have traditionally had challenges with access to tillage and irrigation facilities are set to benefit from the Pfumvudza programme recently launched by the Government.

NatPharm allays ARVs shortage fears

Natpharm has assured Zimbabweans on second regimen antiretroviral treatment that the current stocks which are low will be expeditiously replenished.

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