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Fuel Now Constitutes 56% of Vehicle Operating Costs in Zimbabwe
Harare - Fuel now constitutes 56% of a vehicle’s operating costs in Zimbabwe, an industry report has confirmed. This development comes as the Zimbabwe...
Russian Gas Firm Gazprom Cuts Supply to Shell
Russian gas firm Gazprom said on Tuesday that it would cut off gas flows to Denmark's Orsted and to Shell Energy for its contract...
Citigroup Announces 20,000 Job Cuts Amidst $1.8 Billion Q4 Loss
Citigroup is set to undergo a significant workforce reduction, with CFO Mark Mason revealing on Friday that the bank plans to lay off 20,000...
African Union Chair Meets Putin to Discuss Food Insecurity
The top African Union official met Russian President Vladimir Putin on Friday to discuss the war in Ukraine and its effects on Africa. A...
IMF Approves US$1.3 billion Credit Facility for Zambia
The IMF Board on Wednesday approved US$1.3 billion 38-month Extended Credit Facility (ECF) arrangement for Zambia to help restore macroeconomic stability and foster higher,...
