Indonesia in recession for first time in 22 years

Indonesia has fallen into its first recession in 22 years following a decline of 5.32% in the second quarter of 2020 as the coronavirus pandemic continues to take its toll.…

Volkswagen launches ‘most powerful Golf yet’

Volkswagen unveiled a 315-horsepower Golf R on Tuesday, the most powerful version of its Golf compact car ever offered for sale. The Golf R has an improved torque-vectoring all-wheel-drive system…

Luxury vehicles, booming sales in China boost BMW profits

By Associated Press FRANKFURT, Germany (AP) — German automaker BMW said third-quarter net profit rose 17% to 1.81 billion euros ($2.22 billion) as sales boomed in China and highly profitable…

Gold mining equipment for key Ngundu project expected by December

By ZBC Reporter Three key gold mining projects are expected to take off in the Zaka, Mwenezi and Ngundu areas of Masvingo as the government works on achieving a 12…

Rand weakens against US dollar

The rand has weakened by around 1.5 % against the US dollar in early JSE trade. This comes during the US Presidential Election when the dollar is acting as a…

This Zimbabwean graduate created a financial app to help international students in Canada

By studyinternational.com When Jonah Chininga first arrived in Prince Edward Island, Canada from Zimbabwe in 2014, he had no idea how the financial system there worked. It led to several…

Zimbabwe dollar eases marginally to trade at 81,67 against US$

By ZBC Reporter THE Zimbabwe dollar moved marginally against the United States dollar at the weekly Reserve Bank of Zimbabwe foreign currency auction to trade at 81,67 compared to last…

Nespresso Revives Zimbabwe’s Once-Thriving Coffee Industry

SEATTLE: In previous decades, coffee was an essential crop in Zimbabwe’s agricultural industry. The staple crop grown in Zimbabwe’s Eastern Highlands was recognized globally for its smooth, quality taste. Coffee…

2 phased power plant project takes off in Hwange

By Mhlomuli Ncube A 75-megawatt power generation project targeting the local and regional market is set to be rolled out under the arm of the coal mining firm, Zambezi Gas…

Zesa hikes electricity tariffs again

Zesa tariffs rose another 50 per cent yesterday, the third rise in less than six weeks, with households now needing $668,86 to buy the cross-subsidised basic 200 units. According to…