CORONAVIRUS WATCH

3 days ago | September 23, 2020

Debt-laden Ascendis Health expects rise in earnings as it ...

Ascendis Health announced on Tuesday that it expects its earnings to increase by up to 333 percent for the year ended 30 ...

4 days ago | September 22, 2020

TSL in depressed Q3 performance

Business Reporter Listed industrial firm, TSL Holdings’, performance across its various categories was generally ...

Workers, employers ‘connive’ to evade pension contributions ...

Prosper Ndlovu THE National Social Security Authority (NSSA), has accused workers and employers of “conniving” to avoid ...

Eureka looks to diesel as a contingency

Business Writer Eureka Gold Mine is looking at utilising diesel power as a contingency measure in the face of relatively ...

Zeco’s going concern status hangs in balance

Oliver Kazunga LISTED engineering firm, Zeco Holdings Limited’s going concern status hangs in the balance as the ...

China injects 210 bln yuan liquidity into market

BEIJING, Sept. 20 (Xinhua) — China’s central bank pumped a net amount of 210 billion yuan (about 31.1 ...

Gold investors take new aim at miners with returns falling short

Steven Frank A coalition of gold investors, including firms backed by billionaires John Paulson and Naguib Sawiris, is ...

1 week ago | September 17, 2020

Rand hits six-month high, stocks down after weak retail data

The rand rallied to a six-month high on Wednesday, shaking off poor retail sales data as expectations of continued lower ...

Ghana’s economy contracts for the first time in 37 years

Ghana’s economy contracted for the first time in almost four decades in the second quarter, by an annual 3.2%, as ...

1 week ago | September 16, 2020

Zim dollar gains 1.2 percent

Business Writer The Zimbabwe dollar was stronger again yesterday after it gained 1.2 percent to trade at $81,70 against ...

Zim inflation slow, trend set to continue in September

Business Writer As largely expected, the inflation rate for August was significantly lower than that of July as economic ...

IMF chiefs say Africa’s recovery needs billions – and reforms

Sub-Saharan Africa will need hundreds of billions of dollars and reforms that bring change for a resilient recovery from ...

Covid-19 has set global health progress back decades – Gates Foundation

The knock-on effects of the coronavirus pandemic have halted and reversed global health progress, setting it back 25 ...

Asia’s economy to shrink, first time since 1960s, ADB says

Developing Asia’s coronavirus-battered economy will shrink for the first time since the early 1960s, with the level of ...

Nigeria to regulate crypto-currencies

Nigeria’s Securities and Exchange Commission said it will regulate trade in digital currencies to provide protection for ...

Oil anchored near $37With US stockpiles forecast to grow.

Oil was steady near $37 a barrel before US government data that’s forecast to show crude inventories expanded for a ...

2 weeks ago | September 15, 2020

BAT’s tax contribution jumps to $173m

BAT Zimbabwe says its contribution to public finances - by way of taxes - jumped 769 percent from $19.9 million last ...

South African finances ‘dangerously overstretched,’ Mboweni says

The pandemic has left government finances in South Africa “dangerously overstretched” and heightened debt threatens the ...

Oil steadies near $37 ahead of OPEC+ meet

Oil was steady $38 a barrel in New York ahead of an OPEC+ meeting this week that will assess the group’s production cuts ...

Directors’ Dealings: Mushayavanhu ups stake in FBCH

FBC Holdings Limited executive directors, John Mushayavanhu (CEO), and his deputy Trynos Kufazvineyi are buying the ...