The Zimbabwe Republic Police (ZRP) is dealing with several cases of theft and vandalism of infrastructure belonging to local service providers.With most companies in Zimbabwe having adopted digital technologies to deal with the disruption brought about by the coronavirus pandemic – criminals are also making a killing, drawing back efforts …
Read More »G-20 didn’t do much for poor nations
The annual summit of world leaders known as the Group of 20 is often more about form than substance given the varying interests and policy differences among participants, ranging from the United States and China to Argentina and South Africa. Nevertheless, in times of transnational trouble such as the Covid-19 …
Read More »Elon Musk soars past Bill Gates to become second richest person
Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the world’s second-richest person. The 49-year-old entrepreneur’s net worth soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price.Musk has added $100.3 billion to …
Read More »30 trucks attacked in SA … Terror as rampant attacks leave one driver dead
Tensions in the trucking industry have reached boiling point after a 45-year-old truck driver was shot and killed on Monday night. On Tuesday, Gauteng police spokesperson Capt Kay Makhubele said they were investigating a case of murder, attempted murder and malicious damage to property following an incident in Leondale, Alberton, …
Read More »China may scale back investment in Africa, says new report
In the coming decade, China is expected to consume less raw materials and be more selective in its foreign lending and investment activities.In a report published on 10 November, the German insurer Allianz and its credit insurance subsidiary Euler Hermes revealed a disturbing finding: over the coming decade, China may …
Read More »2021 BUDGET: THE MAIN EXPECTATIONS
‘Needs to be stimulatory, protect populace against rising poverty’ By Collen JonasiThe presentation of the national budget is a key event on the country’s fiscal calendar every year. The national budget is the main instrument through which the country’s fiscal policy is administered. A fiscal policy refers to the government’s …
Read More »The US economy is about to shrink, JPMorgan warns
The pandemic is intensifying, statewide curfews are back and Washington is asleep at the wheel. This toxic backdrop is derailing the US economic recovery just as Joe Biden prepares to take charge — and JPMorgan is warning the economy is in fact about to shrink. On Friday, JPMorgan became the …
Read More »Pfumvudza inputs sold on black market
– Beneficiaries claim to have excess– Product sold at half of market price– Farmers warned against inputs abuse– Experts bemoan resource wastage By Kundai Marunya Inputs for Government’s Pfumvudza and Command Agriculture programmes have found their way to the black market where they are being sold for less than their …
Read More »Desperate degreed people turn-up for nightclub job
Scores of graduates from various universities throughout the country and even abroad were part of over 300 jobseekers that turned up for #Hashtag Nightclub job interviews conducted in Bulawayo last week.The place was crawling with job seekers, who after years of joblessness, are prepared do anything.Unemployment in Zimbabwe is estimated …
Read More »Spain’s BBVA to sell U.S. banking arm to PNC for $11.6 billion
Spain’s BBVA BBVA.MC is to sell its U.S. business to PNC Financial Services Group Inc PNC.N for $11.6 billion in cash, in one of the biggest global banking deals this year. The sale will further consolidate the U.S. banking sector, but has also instantly prompted speculation BBVA could now use …
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