Gold set another record above US$2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a …
Kells Dziva
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BUSINESS NEWS
Dangote Revolutionizes Fuel Distribution As Gasoline Deliveries to Commence Across Nigeria Next Month
by Kells Dzivaby Kells DzivaNigeria’s new mega-refinery will begin domestic gasoline deliveries in May, weaning Africa’s most populous country off costly petroleum imports. The facility built outside Lagos by Africa’s richest man, Aliko Dangote, …
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BUSINESS NEWS
New RBZ Chief ‘Dr. John Mushayavanhu’ Under Scrutiny Ahead of High-Stakes Monetary Policy Decision
by Kells Dzivaby Kells DzivaDr. John Mushayavanhu, the newly appointed Governor of the Reserve Bank of Zimbabwe (RBZ), is set to unveil the highly anticipated 2024 Monetary Policy Statement (MPS) this afternoon. Expectations are …
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BUSINESS NEWS
FBC Surges with Impressive 255% Pre-Tax Profit Leap, Riding High on Strategic Moves
by Kells Dzivaby Kells DzivaFBC Holdings (FBC) witnessed a remarkable 255 percent surge in pre-tax profit for the full fiscal year ending December 2023, reaching $403.5 billion. This robust performance, amidst challenging economic conditions, …
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BUSINESS NEWS
Despite Revenue Surge, Turnall Holdings Limited Stumbles: Where Did the Growth Strategy Go Wrong?
by Kells Dzivaby Kells DzivaTurnall Holdings Limited revenue for the full year to December 31, 2023 more than doubled to $84,2 billion compared to $40,3 billion achieved in the prior year, which was however …
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Online Masters Scholarships at University of Edinburgh Overview: The University of Edinburgh is offering scholarships for eligible part-time distance learning Master’s programs available at the university. Host Institution: University of …
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The United Nations has swiftly pledged to support President Mnangagwa’s call to mobilise more than US$2 billion towards the El Nino-induced drought which led to the declaration of a nationwide …
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Local Government minister, July Moyo, has been criticised for threatening to have food aid agencies expelled if they are suspected not to be politically correct by its supporters. Aid agencies …
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LOCAL NEWS
Kunaka’s Charges Withdrawn as Prosecution Fails to Produce Evidence
by Kells Dzivaby Kells DzivaThe State on Tuesday withdrew the incitement to cause public violence charge levelled against political activist Jim Kunaka due to lack of evidence. Prosecutor Thomas Chanakira told Harare magistrate Apollonia …
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The trial, in which Sunningdale legislator Maureen Kademaunga is accused of attempted murder, got underway in Harare yesterday. Kademaunga appeared together with Harare City Council Ward 10 Councillor, Clayd Mashozhera, …