South Africa’s main opposition Democratic Alliance (DA), along with six other parties, have announced that they will hold talks to outline a pact that they hope will unseat the ANC from government at next year’s elections. The group does not include the country’s third largest political force – the Economic …
Read More »Zuckerberg To Launch Threads, A Twitter Rival On Thursday
Facebook owner Meta is launching its new app to rival Twitter and says it will go live on Thursday. The app, which is called Threads and is available for pre-order on the Apple App Store, will be linked to Instagram. Screengrabs show a dashboard that looks similar to Twitter. Meta …
Read More »Zinwa’s US$10 Fixed Charge Draws Fire
The Zimbabwe National Water Authority (Zinwa) has come under fire for introducing a US$10 fixed monthly charge for domestic users yet failing to deliver water to clients, The NewsHawks has established. Zinwa’s corporate communication department said in a statement the move was introduced last month. ‘‘Zinwa wishes to advice clients …
Read More »Central Bank Gold Backed Digital Token Sales Mop Up ZW$246,5 Billion
The Reserve Bank of Zimbabwe (RBZ) latest Gold Backed Digital Tokens sales mopped up a total ZW$246,5 million going a step further in cleansing the market of bad excess cash normally used to fuel parallel market activities. The tokenised digital coins were introduced in a bid to shore up the …
Read More »Zimbabwe Targets Wheat Exports As Output Rises
Zimbabwe is considering exporting surplus wheat to Mozambique from this year’s anticipated harvest of 420 000 tonnes, well above the country’s requirements of 360 000 tonnes a year. Last year, a record harvest of over 375 000 tonnes was achieved after planting wheat on 80 000 hectares, and that created …
Read More »‘Difficult’ Terrain Keeps Tanganda Optimistic
Tanganda Tea Company Ltd (TTCL) says it is optimistic that it has all the necessary mitigatory strategies to navigate the difficult terrain during the remaining part of the financial year. This comes as the economic and operating environment is expected to remain difficult on the backdrop of continued exchange rate …
Read More »Caledonia Declares Quarterly Dividend
Victoria Falls Stock Exchange (VFEX)-listed group, Caledonia Mining Corporation, has declared a quarterly dividend of US$0.14 on each of the entity’s shares expressing optimism that various opportunities are available to evolve as a business. The firm has been consistent in paying dividends to shareholders. “Caledonia Mining Corporation Plc (“Caledonia” or …
Read More »Indian Firm Eyes Partnering Zim Govt In Digital Financial Services
Techurate Systems, an Indian global smart banking technology firm, has hinted on plans to partner the Zimbabwean Government in offering digital financial services and streamlining the unbanked enterprises as the country moves to grow its financial inclusion drive. Zimbabwe has about 31 000 Savings and Credit Cooperative Organisation (SACCOs), with …
Read More »Khaligraph Jones: Ex-Bouncer Who Stuck To Hip Hop
Khaligraph Jones is an award-winning rapper from Kenya who has stood by his genre despite all the other musical trends making waves on the continent – and it has paid off. He was born Brian Ouko Omollo and raised in the Kayole neighbourhood of Nairobi and says he was attracted …
Read More »Kenya’s Chebet Takes Gold At Diamond League
Kenya’s Beatrice Chebet led an African top three in the women’s 3000m at the Diamond League meeting in Stockholm, Sweden on Sunday. In difficult weather conditions she recorded her season’s best time of 14 minutes 36.52 seconds. Ethiopia’s Lemlem Hailu and Medina Eisa came second and third Ethiopia monopolised the …
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