Zimbabwe banks on Victoria Falls for new stock exchange

By Agencies Zimbabwe has announced plans to use the allure of Victoria Falls to open a new stock exchange, as part of a broader plan to turn the resort town…

ZWL $ 18 billion Economic Recovery and Stimulus package unveiled

By Zbc Reporter The Minister of Finance and Economic Development Professor Mthuli Ncube, has outlined the details of the 18 billion economic recovery and stimulus package unveiled by H.E. President…

Rogue jumbo killed for terrorising Victoria Falls residents

By Luckmore Safuli RESIDENTS of Mfelandwonye Suburb in Victoria Falls are breathing a sigh of relief after a bull elephant which has been terrorising them was gunned down by Zimparks…

Stock markets rattled by Trump’s China virus claims

By AFP London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging…

US oil giants cut output as Exxon Mobil reports 1st loss in decades

By AFP US oil giants Exxon Mobil and Chevron said Friday they were curtailing some production as they slash capital spending in response to an acute industry downturn in the…

WATCH: Mines minister says Zim’s diamonds fully accounted for

By ZBC Reporter MINES and Mining Development Minister Cde Winston Chitando has said the country’s diamond output and revenue is being fully accounted by Government, contrary to false reports claiming…

Boeing to cut staff, plane output as pandemic batters airline industry

By AFP Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic. The aerospace giant…

Global crash fears as virus hammers US economy

By AFP THE brutal economic impact of the coronavirus deepened Wednesday with dire news from the United States and Germany, increasing pressure worldwide to ease lockdowns and reduce the cost…

Zimbabwe to double exhibitors at DRC Mining Week

By Mining Weekly Exclusive interview with ZimTrade, the organiser of the Zimbabwe country pavilion that is returning for the third year in a row to exhibit at DRC Mining Week…

China to Help Build $3 Billion Coal Plant in Zimbabwe

By Bloomberg RIO Energy Ltd., a unit of RioZim Ltd., will build a 2,100 megawatt thermal power plant with China Gezhouba Group Corp in northern Zimbabwe at a projected cost…