Zim establishing insurance fraud fighting unit

HARARE – Zimbabwe will soon set up a unit  specifically to prevent and investigate cases of insurance fraud which  is on the rise in the country, an official has said.

SAA seeks extra R5bn bail-out from state

South African Airways (SAA) is in discussions with the Treasury on a cash injection of about R5bn, which the company needs to cover historic debt and its working-capital requirements until…

Zimbabweans should embrace insurance products

HARARE – Zimbabweans need to embrace insurance for commercial products to cushion themselves against losses arising from theft and robberies.

Bourse maintains positive run

HARARE – The Zimbabwe Stock Exchange’s All Share index extended further gains by adding 1.08 points (or 1, 13 percent) to close at 96.82 as tobacco giant BAT ended $2,…

Dallaglio acquires Eureka Gold Mine

HARARE – Dallaglio Investments (Pvt) Ltd has acquired a 95 percent interest in Delta Gold Zimbabwe (Pvt) Ltd, which operates the Eureka Gold Mine.

Why the business model of social media giants like Facebook is incompatible with human rights

By Sarah Joseph Facebook has had a bad few weeks. The social media giant had to apologise for failing to protect the personal data of millions of users from being accessed…

ZPC gets tough on Chivayo

HARARE – The Zimbabwe Power Company (ZPC) is taking steps to recover part of the money it advanced to Intratek for the construction of a massive $200 million solar power…

Mozambique wants enhanced economic relations with Zimbabwe

HARARE – Mozambique is eager to escalate economic relations between Harare and Maputo and has identified the  transport sector as a crucial enabler to the envisaged co-operation. Mozambique is a…

Strong performance at Mogalakwena boosts Amplats production

Anglo American Platinum notched up increased output in the first quarter of the year, with a standout performance from the best platinum mine in SA, the opencast Mogalakwena operation.

Euro pinned at two-month lows as U.S. yields weigh

LONDON – The euro fell to a two-month low on Tuesday as concerns that rising U.S. Treasury yields would push the currency to break below a range it has been stuck within…

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