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State-run resources firm Kuvimba Mining House (KMH) has been given a Cabinet approval to sell Ziscosteel’s vast iron ore reserves worth about US$500 million, officials said this week. The government holds 65% shareholding in the firm. KMH has injected US$1 million into the firm under a revitalisation plan entered with …

The Reserve Bank of Zimbabwe (RBZ) published the prices of the Mosi Oa Tunya Gold Coin and the Gold-backed Digital Token as of 11 May 2023. The values provided represent the prices in different currencies US dollars, South African Rand, Botswana pula, British pounds, Australian dollars, Euros and Zimbabwean dollars. …

Many Zimbabweans living in cities could be evicted from rented houses, as the local unit continues in a tailspin, eroding purchasing power, several reports indicated this week, as desperate authorities were locked in ad hoc meetings to thrash out a solution. According to the Zimbabwe Price Check (ZPC), which tracks …

GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tuning of the official foreign exchange auction system expected to tackle resurgent price madness and stabilise the economy. In addition, Treasury will …

Nikola Jokic scored 32 points as the Denver Nuggets thrashed the Phoenix Suns to win their Western Conference semi-final series in six games. The Nuggets, who have never reached the NBA Finals, beat the Suns 125-100. Jokic recorded 12 assists and 10 rebounds, while Jamal Murray scored 26 points for …

From people paying for him to get off the stage, Jah Prayzah did not lose hope and years later, he has become one of the music stars in the country drawing thousands of fans to his shows. Backed by his 3G band, the Uzumba-bred singer has not only become the …

The United States envoy to South Africa said on Thursday he was confident that a Russian ship had picked up weapons in South Africa, in a possible breach of Pretoria’s declared neutrality in the Ukraine conflict. The rand and South Africa’s 2030 government bond extended losses after the U.S. statement …

Zimbabwe’s dancehall supremo Wallace Chirimuko popularly known as Winky D continues to fly the countries flag high after bagging the Best African Dancehall Entertainer of Year award at the 40th International Reggae and World Music Awards (IRAWMA). The ceremony was held at the Pegasus Hotel in Kingston, Jamaica last Sunday. …

Britain’s fertility regulator on Wednesday confirmed the births of the U.K.’s first babies created using an experimental technique combining DNA from three people, an effort to prevent the children from inheriting rare genetic diseases. The Human Fertilization and Embryology Authority said fewer than five babies have been born this way …

A Harare magistrate has issued an arrest warrant against Zanu PF activist Sybeth Musengezi after he failed to show up for trial Tuesday. Musengezi, who came onto the limelight when he launched a bold challenge against President Emmerson Mnangagwa’s legitimacy as party leader, is accused of falsifying his residential address …