A letter from Albert Einstein, which encouraged the US to develop the world’s first nuclear bombs, is to go up for auction. Written to President Franklin D Roosevelt, in 1939, the note warns that Nazi Germany might be able to create such weapons – and suggests the US begins its…
Opening Power Thought Empowered leaders cultivate empowered teams, driving a culture of high performance and continuous growth. IN today's dynamic business environment, effective leadership is crucial for fostering a high-performance culture. Empowered leaders inspire their teams, navigate challenges, and drive organisational success. (more…)
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By Kundai Mudzviti Staff Writer CLOTHING firm, Edgars Stores Limited (Edgars) managed to double its USD-denominated retail debtors’ book to US$12,6 million in the 52 weeks trading period to 7 January 2024 as high interest rates in local currency rendered ZWL$ credit unsustainable. (more…)
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THE government says it anticipates that the Grain Marketing Board (GMB) will collect significantly less maize and traditional grains this season compared to previous years due to the drought. (more…)
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By Prisca Tshuma Staff Writer ZIMBABWE significantly increased its electricity imports in the first quarter of 2024, a direct response to a deepening power crisis fuelled by drought and ageing infrastructure. (more…)
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MASHONALAND Holdings (Mash Holdings) expects to grow its total asset portfolio by around 50 percent to reach US$120 million in the next five years. (more…)
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PROPLASTICS says its tank manufacturing business, which started at the end of last year through dry testing, is now contributing positively to volume performance. It is part of the company’s drought mitigation-related projects. The country is currently facing its worst drought in years, leading to increased investment in…
German car making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian. The deal creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology. Rivian shares jumped by almost 50% after the announcement. The tie-up comes…
FUNDS under management (FUM) grew 242,17 percent in the first quarter to March 31, 2024 largely driven by stock market investments which grew on the back of upward revaluations on equities due to inflationary pressures. (more…)
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Andy Murray has not made a decision on whether he will be fit enough to make a planned Wimbledon farewell next week. The 37-year-old Briton had a procedure on a back issue at the weekend. Murray is set to retire later this year and hopes for a final appearance at…