THE combined wealth of 10 men increased during the coronavirus pandemic by $540bn (£400bn), Oxfam has found. This amount would be enough to prevent everyone in the world from falling…
Tag: Business News
Oil prices fall for second session
Oil prices slipped for a second straight session on Monday as renewed COVID-19 lockdowns raised fresh concerns about global fuel demand. Brent crude futures for March fell 15 cents, or…
China becomes largest FDI recipient in 2020: UNCTAD report
Global foreign direct investment (FDI) plunged by 42 percent in 2020, a new report by the United Nations Conference on Trade and Development (UNCTAD) showed on Sunday, while China bucked…
Bushmeat poaching on the rise
By ZBC Reporter THE Zimbabwe Parks and Wildlife Management Authority has stepped up efforts to combat the new wave of wildlife crime which has resulted in a spike in poaching…
Tobacco: Small scale farmers urged to contribute to envisaged Us$5 bln industry
By ZBC Reporter GOVERNMENT has challenged small holder farmers to contribute towards a five billion United States dollar Tobacco industry by 2025 up from the current one billion dollars. After…
Platinum group metals demand set to overwhelm supply balance
By miningweekly.com JOHANNESBURG: Long-serving precious metals consultant Dr David Davis has reached the conclusion, after a comprehensive study, that the demand for platinum group metals (PGMs) is poised to outstrip stagnant supply.…
China’s telecom giants ask for Wall Street relisting
THREE Chinese telecom giants have asked the New York Stock Exchange (NYSE) to review its decision to delist them. The NYSE initially said it would delist China Unicom, China Mobile…
Land Bank to be operational by April
By Tafara Chikumira THE Land Bank a subsidiary of the Agribank private limited is set to open its doors to the public by April with farmers across the country set…
Zim Dollar remains steady against USD
By ZBC Reporter THE Reserve Bank of Zimbabwe conducted 2021’s second foreign Currency Auction this Tuesday with the local currency remaining steady against the greenback at $82.08 per one United…