Red flag raised over $5,2 billion coal deal

A $5,2 billion deal between the government and Nkosikhona Holdings to turn coal into liquid fuels has raised eyebrows with analysts saying the South African company’s credentials are suspect. BY MTHANDAZO NYONI President Emmerson Mnangagwa signed the deal with Nkosikhona Holdings on May 17 amid claims the partnership would see …

Read More »

Zim courts New York fund managers

The Zimbabwe is open for business mantra has opened economic avenues for the country and to buttress this, the Office of the President and Cabinet (OPC) through its Special Advisor Ambassador Christopher Mutsvangwa has managed to successfully court New York fund managers for the first time in the history of …

Read More »

Youths urged to embrace entrepreneurship

Youths have been called on to propel the vision of making Africa a formidable economic force in line with the vision of the founding fathers of the African Union. Mutare Polytechnic was the venue of a youth symposium where calls were made for the younger generation to realise that they …

Read More »

Fuel prices gallop

FUEL prices have gone up significantly across the country in the past few days and government says there is nothing it can do about the crisis. BY TATIRA ZWINOIRA/ SILAS NKALA/ STEPHEN CHIDENGA/ TATENDA CHITAGU The price of petrol and diesel has risen by as much as eight cents per …

Read More »

First ever Chinese commercial bank for Norton

Norton town will benefit from the first ever Chinese commercial bank to be constructed by a Chinese investment company. With President Emmerson Mnangagwa’s re-engagement process to attract investors bearing fruit,  a Chinese company Ever Bright is set to build the first ever commercial bank in Norton to compete with other …

Read More »

Harare hosts forex trading seminar

The Zimbabwe is open for business mantra is opening up uncharted economic waters as evidenced by the holding of a forex trading seminar over the weekend in Harare. The seminar, a first of its kind in Zimbabwe was being facilitated by world renowned online forex trader and millionaire, Dr Ref …

Read More »

Be disciplined, innovative, African youths urged

Youths across the content have been challenged to contribute towards the realisation of a peaceful and prosperous Africa by being disciplined, innovative and developing sound leadership skills. Over 100 youths from Vitoria Falls and surrounding areas graced the one day, Future African Leaders Conference held at Chinotimba Community Hall in …

Read More »

Italy markets set for big weekly loss

LONDON. — World shares steadied and the dollar resumed its rise on Friday after a wobble caused by US President Donald Trump’s decision to cancel a summit with North Korea, though political risk put Italian markets on track for heavy weekly losses. Markets were soothed somewhat by the Pyongyang’s measured …

Read More »

Technology reduces crop damage: study

Climate Story  Jeffrey Gogo One Chipinge farmer, a Mrs Mhlanga, pointed to the discolouration in the leaves of her pineapple fruit and blamed it on Roundup, a popular herbicide made by the big US seed and chemical company, Monsanto plc. Mhlanga appeared to make light of the damage by the …

Read More »

SA probes $80m bitcoin scam

JOHANNESBURG. — South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of R1 billion ($80 million) with promises of huge returns that never materialised, police said on Friday. The fraud investigation involves a company named BTC Global, which told clients they would earn 2 percent per day, …

Read More »