Canadian firm purchases 15% stake in Zimbabwe’s Blanket gold mine

By ZBC Reporter CANADIAN exploration and development firm, Caledonia Mining has completed the purchase of Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe. In November 2018, Caledonia…

France, US agree to extend digital tax row talks

PRESIDENTS Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington’s threat…

Davos financiers pump $1.4tn into fossil fuels: Greenpeace

SOME of the world’s biggest banks, insurers and pension funds have collectively invested $1.4 trillion in fossil fuel companies since the Paris climate deal, Greenpeace said Tuesday at the start…

ZSE begins trading week on a mixed note

By ZBC Reporter Trading on the Zimbabwe Stock Exchange started the week on a mixed note as investors make decisions on best possible counters to inject funds. The all share…

Belarus extends US$7 million equipment facility to Allied Timbers

By ZBC Reporter STATE-OWNED timber processing firm, Allied Timbers will this year receive equipment worth seven million United States dollars from Belarus in line with its recapitalisation strategy. Allied Timbers,…

Machete gangs affect gold delivery

By ZBC Reporter The local mining sector is in distress amid reports that gold deliveries are under threat as the machete-wielding gangs are targeting both the miners and registered gold…

China GDP grew 6.1% in 2019, weakest in three decades

CHINA’s economy weakened to its slowest pace in three decades in 2019 as weaker domestic demand and trade tensions with the United States took their toll, official data showed Friday.…

Zim eyes improved tourist arrivals from Spain in 2020

By ZBC Reporter ZIMBABWE is expecting improved tourist arrivals from Spain and other European source markets this year as it intensifies marketing efforts through participating at the Fitur Tourism Expo…

In Seychelles, nature is prized above mass tourism

IN a shady patch along a pristine white beach on Mahe Island, a radio spits out reggae and snapper sizzles on the barbecue, as Seychelloise Nareen tops up her rum…

Germany investigates three over ‘spying for China’

GERMAN prosecutors on Wednesday said they were investigating three people who allegedly spied for China, with media reporting that a German former EU diplomat was among the suspects. “We can…