The Trump administration has said it will close entries to a programme designed to shrink the number of US government employees by incentivising resignations and proceed with the next stages.…
Merger talks between Honda and Nissan have collapsed after the firms failed to agree on a multi-billion-dollar tie-up. The Japanese carmakers, along with junior partner Mitsubishi, had aimed to combine…
ARIANA Resources has announced encouraging assay results from its flagship Dokwe Gold Project in Zimbabwe, enhancing understanding of the project’s geology and resource potential.Managing director Kerim Sener highlighted the confirmation of significant gold mineralisation in the newly identified Eastern Zone, which exhibits a continuous strike length of over 270 metres.“The latest assay results from our…
ZIMBABWE’s current account surplus is expected to rise by 22 percent, from US$501,2 million in 2024 to a projected US$611,6 million in 2025, driven by strong export growth and increased remittance inflows, according to the latest report.The country’s balance of payments (BoP) has experienced significant shifts in recent years, reflecting both structural improvements and ongoing…
THE Vision Group — created to acquire the assets of Tongaat Hulett Limited (THL) in business rescue has appointed Gavin Dalgleish as its group chief executive effective April 1, 2025.Dalgleish’s appointment coincides with the closing date for the acquisition of the THL assets in South Africa, Mozambique, Zimbabwe, and Botswana by the Vision Group.“Gavin joins…
THE Reserve Bank of Zimbabwe (RBZ) has announced measures aimed at reducing cash hoarding and encouraging digital transactions, including increasing the annual limit on prepaid international debit and credit cards from US$500 000 to US$1 million.The move is expected to enhance business operations and curb reliance on cash for cross-border transactions.Economic instability and past experiences…
WITH the nation’s livestock sector poised for recovery following the severe drought of the 2023-24 season, small-scale livestock farmers require a strategic investment of US$30 million to support herd rebuilding efforts.Livestock remains a crucial asset for smallholder farmers, serving as both a vital income source and a key component of economic stability.In an interview with…
THE Reserve Bank of Zimbabwe (RBZ) has projected that gold prices will continue rising this year, driven by increasing global central bank purchases and escalating geopolitical tensions.According to the World Gold Council, global gold demand increased to 4 974,5 metric tonnes in 2024, fuelled by higher investment and a surge in central bank acquisitions in…
“I want to play their favourite song… but you know they love to sue,” said Kendrick Lamar, a couple of minutes into his Super Bowl half-time show. Everyone knew what…
The Phoenix Suns’ Kevin Durant has become the eighth player in NBA history to reach 30,000 points. The 36-year-old reached the milestone with a free throw that made the 26th…
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