news and current affairs.
Gold High as Big Miners Battle Cost Woes and Mali Mayhem
A smart money expert named Imaru Casanova watches gold prices. She says gold costs two thousand nine hundred dollars. People want to see if gold companies can make more money from this high price. Big gold companies will tell everyone how much gold they found last year. Barrick comes second for finding the most gold. They will share their news first. Then Agnico Eagle will tell their story today. Newmont, the biggest gold finder, will speak on February 20. The companies that dig lots of gold see their business growing stronger. Their money value went up thirty-one percent this year. This makes the owners very happy because gold itself only went up a small amount. Some gold companies face hard times. Barrick has trouble in Mali. The...
Zimbabwe Surpasses Gold Targets with Record 36 Tonne Haul
Zimbabwe produced a lot of gold last year. The miners found more gold than anyone expected, reaching thirty-six tonnes. This helped the country earn two and a half billion dollars from selling gold to other countries. Smart people who study money say Zimbabwe did well because the government helped miners, and gold became very expensive around the world. The country bought many things from other places, which cost a lot of money. The government wants to make more things at home instead of buying them from other countries. Many small miners worked hard and made most of the gold. They dug up sixty-five percent of all the gold found in Zimbabwe. The government helped them do their work better. Gold prices went up a lot during the year...
Mosi Oa Tunya Gold Rush Leaves Investors Stunned
Zimbabwe made special gold coins called Mosi-Oa-Tunya, named after the beautiful Victoria Falls. People who bought these coins made lots of money because the price went up by sixty-six percent. When the coins first came out in July 2022, they cost one thousand eight hundred twenty-three dollars. Today, they cost three thousand forty dollars. Many people put their money in these gold coins instead of keeping regular money. Big companies that save money for workers' retirement bought these coins. Regular people also bought them using Zimbabwe's money. Princess Revai, who understands money very well, says these coins helped people keep their money safe when prices went up. Gold makes people feel safe about their money. Banks let people...
Nyanga Laptop Thief Lands 6 Months Behind Bars
A man named Regis Svondo went into Nyanga District Hospital and took someone's laptop without asking. He sneaked into Room 13 and ran away with the computer. The laptop belonged to Ernest Tsakatsa. When Mr. Tsakatsa came back, he noticed his laptop had disappeared. He went straight to the police and told them what happened. The laptop was worth six hundred and fifty dollars. The next day, someone told the police they saw Mr. Svondo trying to sell a laptop. The police found him and asked Mr. Tsakatsa to look at the laptop. Mr. Tsakatsa checked the special number on the laptop and knew it was his. The police arrested Mr. Svondo and brought him to the courthouse in Nyanga. The judge said Mr. Svondo did something wrong by breaking into...
Govt Tackles Harvest Fumbles in Bold Crop Loss Crackdown
The government wants to help farmers save more of their crops. Many farmers lose their food when machines called combine harvesters don't work well. These machines sometimes drop food on the ground instead of picking it all up. Smart people who know about farming machines are meeting in a place called Chinhoyi. They want to teach farmers better ways to use their machines. These teachers come from different parts of Zimbabwe and want to make eleven new lessons for farmers. Engineer Edwin Zimunya studies how farmers lose their food. He found out that farmers lose thirty percent of their crops during harvest time. He thinks farmers need better rules about using their machines. He wants special groups to check these rules and make sure...
No Party Rides Allowed as Police Save Blue Lights for Prez
The police want everyone to know they can only help special leaders drive on the roads with flashing lights and sirens. They made this very clear because some people asked them to help at weddings, church meetings, and birthday parties. Commissioner Paul Nyathi said these special cars are meant for the country's most important leaders. He told everyone they must not try to make their cars look like police cars. People cannot put blue lights on their cars because only police cars should have them. The police reminded drivers about the rules for cars. They said all cars must have number plates, even government-owned cars. If cars drive without plates, the police will take them away until the owners fix the problem. The police are...
Sugar Millers Fight Back as Farmers Get Sweet Deal
Sugar factories in Zimbabwe feel upset about a new rule. The government told them they must give farmers more money from the sugar they make together. The new rule says farmers should receive eighty percent of the money, leaving twenty percent for the factories. Two big sugar companies, Hippo Valley and Triangle, want to change this rule. They went to a special court called the High Court. When the High Court said the rule should stay, the companies decided to ask another court, the Supreme Court, to help them. A company called Baker Tilly looked at how the money should be shared. Before their study, farmers received seventy-seven percent of the money. The sugar companies think this change makes things hard for them. They need money...
Zim Midfield Magician Munetsi Shakes Up Wolves Cup Drama
The football team Wolves, played very well against Blackburn and won their FA Cup game two goals to zero. Marshall Munetsi played his first game for the Wolves that day. He came from another team called Stade Reims and replaced Mario Lemina in the middle of the field. Munetsi was amazed by all the fans who came to watch. He said the fans made him want to run harder and play better. The fans kept cheering even after eighty minutes. He told everyone he loved the way English fans support their team, which is different from France, where he played before. The coach, Vitor Pereira, brought Munetsi into the game after sixty-six minutes. Everyone watched him run up and down the field with lots of energy. He jumped into the action right away...
Ncube Slams Mono Currency Myth Amid Debt Drama
The money boss, Professor Mthuli Ncube, says Zimbabwe needs more time before it can use only one type of money. The country wants everyone to use a special money called ZiG, but they must first make sure they have enough savings. Professor Ncube explains that Zimbabwe needs to save a lot of money to protect ZiG. Other countries around the world keep enough money to buy things from other places for six months. Zimbabwe wants to be like these countries before they tell everyone to use only ZiG. The country also needs to pay back money it borrowed from other places. Professor Ncube wants to ensure Zimbabwe starts paying this money back. If it owes a lot of money to other countries, its own currency will weaken. The professor and his...
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