US PRESIDENT Donald Trump has cancelled the pre-election Republican party convention in Florida, blaming the coronavirus “flare-up”. “It’s not the right time for that,” he said, adding that he would still give a convention speech in a different form. It comes as the number of cases of Covid-19 in the US passed four million. Part…
BILLIONAIRE Elon Musk’s SpaceX is looking to raise new capital at a valuation of about $44 billion, Bloomberg News reported on Thursday, citing people familiar with the matter. The company is in talks with investors for raising about $1 billion at a price of $270 a share, the report said, adding that the round is…
SOUTH Africa’s MTN Group expects first-half sales to double, beating analyst estimates, the company said on Friday, sending its shares up more than 7%. The telecoms sector has experienced a spike in network data traffic as millions of South Africans were forced to work and entertain themselves from home after the government imposed a lockdown…
Accusations from the US and UK that Russia recently tested anti-satellite weaponry in space are “distorted”, Russia’s defence ministry says. “Tests carried out [on 15 July] did not create a threat for other spacecraft,” the ministry said, adding that it had not violated international law. Moscow said earlier that it had been using new technology…
Leicester City goalkeeper Kasper Schmeichel has condemned the “very harsh” criticism of Manchester United counterpart David de Gea since the Premier League’s resumption. De Gea has come under scrutiny after errors contributed to United dropping league points and losing in the FA Cup. But Schmeichel, whose side play United on Sunday with both chasing a…
SOUTH African department stores chain Woolworths Holdings flagged a small fall in annual sales after its non-food stores were shut in the second-half of its financial year due to COVID-19 lockdowns. Even before the global health crisis, South African brick-and-mortar retailers were struggling with weak consumer spending amid slowing wages growth, high utility costs and…
SENATORS have bemoaned the country’s failure to meet the majority of Sustainable Development Goals (SDGs), including those on food security, health and education. This comes as Zimbabwe’s economy and food security situation remains fragile with the country’s 2019 Vulnerability Assessment Committee projecting an estimated 5,5 million rural Zimbabweans to be food-insecure during the peak of…
Mugove Tafirenyika SENIOR STAFF WRITER tafirenyikam@dailynews.co.zw MDC-T Senator for Masvingo Tichinani Mavetera has described as discriminatory the country’s Constitution when it comes to death penalty provisions, the Daily News reports. Debating on a motion on the repeal of capital punishment and the provisions of the Criminal Law and Codification Act and other statutes in the…
THE government is currently intervening to contain the gastrointestinal (stomach diseases) outbreak in Bulawayo, Information minister Monica Mutsvangwa has said. Speaking during a post-Cabinet media briefing on Tuesday night, Mutsvangwa said the outbreak has since affected 1 900 people in Zimbabwe’s second largest city. “The minister of Local Government and Public Works updated the Cabinet…
PRESIDENT Emmerson Mnangagwa on Tuesday announced a raft of measures to contain and mitigate the spread of the killer novel coronavirus (Covid-19) pandemic at the backcloth of increasing deaths from the disease and a huge spike in local transmissions. In his televised address to the nation, Mnangagwa highlighted the stark reality that as of Tuesday,…
