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Afreximbank Obligations Create Forex Impasse for Zim Government & Miners

Harare - As inflationary pressures turn Zimbabwe into a consumptive market, local miners have requested Government to allow for the full retention of their foreign currency...

Exxon Mobil buys Pioneer to expand oil production in the U.S.

Exxon Mobil announced Wednesday it was buying Pioneer Natural Resources, a shale drilling firm, for 59.5 billion U.S. dollars, in a bid to expand...

Italy Heatwave: Five Die Amid Record Temperatures

Over the weekend, Italy experienced a devastating heatwave that claimed at least five lives, according to reports from local authorities and media on Monday. In...

Confederation of Zimbabwe Industries Says Inflation Nears 300 percent

HARARE - Zimbabwe’s annual inflation rate moved within the 300 percent mark in August after rising to 288.6 percent, from 230.4 percent in July, the...

UN Urges Humanitarian Ceasefire in Gaza Amid Rising Conflict

UN Secretary-General António Guterres reiterated his plea for a humanitarian ceasefire in Gaza and the unconditional release of hostages during the recent summit of...