Sasol in junk status

Embattled chemicals group Sasol, whose share has lost almost 90 percent of its value so far in 2020, was cut deeper into junk status by Moody’s Investors Service yesterday and…

‘Mini-IPO’ reform takes on new virus urgency

SHANGHAI/HONG KONG — One unforeseen outcome from the coronavirus outbreak in China is that it is speeding up capital market reform even as economic activity is gummed up by restrictions…

‘China will strike back against new US restrictions’

SHENZHEN, China — Huawei warned yesterday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019,…

Dollar surges

LONDON. – The dollar climbed against a swathe of currencies yesterday amid fiscal year-end demand by Japanese firms while the Australian dollar slipped despite a Chinese survey showing manufacturing returned…

Covid-19: Agriculture can give Zim competitive advantage

Tawanda Musarurwa With the coronavirus pandemic seriously disrupting markets and economies, going back to basics could be an ace up the sleeve for Zimbabwe’s economy. The country is still largely…

BREAKING: Constitutional Amendment No 1 unconstitutional, ConCourt

The Constitutional Court has ruled that the Constitutional Amendment No 1 of 2017 is unconstitutional.

BREAKING: Chamisa not legitimate, Supreme Court

The Supreme Court today ruled that Nelson Chamisa is not the legitimate MDC leader in a judgment that settles the leadership wrangle between the two foes

Coronavirus: Panic buying, lockdown drives up food inflation

Sifelani Tsiko Lockdowns and coronavirus-triggered panic food buying is likely to push up food prices in Zimbabwe and across the entire Southern African region already battling with a drought caused…

COVID-19: Zim now has 8 cases

One more case of Covid-19 has tested positive bringing the total number of confirmed cases in Zimbabwe to eight.

COVID-19: NSSA turns hotel into quarantine centre

The National Social Security Authority (NSSA) has availed its US$39 million hotel in Beitbridge for use by the Government as a Covid-19 quarantine centre for those entering or leaving the country via Beitbridge Border Post.

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