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Gold prices rise

NEW DELHI. — Gold prices in India regained some momentum today, tracking higher global rates and fresh buying by jewellers. In global markets, gold prices rose close to six-month highs on safe-haven demand. Concerns about a possible prolonged US government shutdown and global growth weighed on the dollar and equity …

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SA rand firms

JOHANNESBURG. — The rand gained early yesterday in low-volume trade ahead of a holiday-shortened week, as political instability in the United States curbed the dollar’s recent surge. At 0630 GMT, the rand was 0,21 percent firmer at R14,6000 per dollar, compared to a close of R14,6300 on Friday in New …

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‘Chairman’ predicts KO of Jingo

BY HENRY MHARA NATIONAL super bantamweight champion Tinashe “Chairman” Madziwana will for the first time defend his title tomorrow when he meets challenger Jeremiah ‘Jingo the Master’ Mhere in the main bout of the hotly anticipated boxing extravaganza at the Show Grounds in Harare. Dubbed the “Ring of Fire”, the …

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MDC camps close ranks

THE internal power struggles rocking the opposition MDC party led by Nelson Chamisa exploded at the weekend with the dissolution of two external structures of the party, NewsDay has learnt. BY RICHARD CHIDZA A national executive committee meeting set for Friday was reportedly abandoned after members boycotted in anger over …

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Bhebhe in Ultimate Praise Experience launch

THE Zimbabwe International Trade Fair’s Hall 3 came to life when former Joyous Celebration member Mkhululi Bhebhe launched his Ultimate Praise Experience, with a sterling performance on Saturday night. BY SHARON SIBINDI Clad in a black and white suit, Bhebhe, famed for his Chokwadi song, kept fans on their feet …

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Zanu-PF, MDCA to share $8m

Zanu-PF and MDC-Alliance will share $8 million allocated to political parties by Treasury under the Political Parties Finance Act. Finance and Economic Development Minister Professor Mthuli Ncube set aside the $8 million in the 2019 National Budget he presented in Parliament in November. The figure is higher than last year’s …

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Zambia deputy commissioner implicated in Biti abduction

MDC deputy chairperson Tendai Biti yesterday accused a Zambian Deputy Police Commissioner of masterminding his abduction in Lusaka, although he was in possession of a High Court order granting his stay in that country. BY DESMOND CHINGARANDE Through his lawyer, Beatrice Mtetwa, Biti said the Zambian police boss, who was …

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IPEC endorses policyholder security

Business ReporterThe proposed Policyholder Protection Fund for the insurance and pension industry is a welcome development as it will help assure policyholders that they will receive compensation due to them upon the occurrence of an insured event, the Insurance and Pensions Commission (IPEC) has said. The insurance and pension industry …

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Gems to anchor foreign policy: ED

Zvamaida Murwira Senior ReporterThe diamond policy approved by Cabinet last week is more than a mining issue as it will be used as a foreign policy tool for Zimbabwe’s re-engagement process, President Mnangagwa has said. He said the diamond policy should protect the country’s national interest as well as fulfil …

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