Zimbabwe Financial News

Zimbabwe has launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population

United States and its Western allies are feuding with Russia over its diamond production, but they joined forces Wednesday to keep supporting the Kimberley Process, which aims to eliminate the trade in "blood diamonds" that helped fuel devastating conflicts in Africa. At a U.N. General Assembly meeting, its 193 member nations adopted a resolution by consensus recognizing that the Kimberley Process, which certifies rough diamond exports, «contributes to the prevention of conflicts fueled by diamonds» and helps the Security Council implement sanctions on the trade in conflict diamonds.

Zimbabwe, Africa's largest tobacco producer, has begun its annual tobacco-selling season with officials and farmers projecting a sharp decline in harvests and quality because of a drought blamed on climate change and worsened by the El Niño weather phe...

An official says that a bomb scare has shut down Zimbabwe’s Victoria Falls Airport that forced the country’s president to cancel a planned address at a conference on renewable energy

Lance Klusener has joined Lucknow Super Giants (LSG) as the assistant coach ahead of the Indian Premier League (IPL) 2024 season. LSG announced his appointment on Friday with a statement that read, «Lucknow Super Giants (LSG) have added South African legend Lance Klusener to their formidable roster of coaches for the Indian Premier League (IPL) 2024 season.» Klusener will join head coach Justin Langer and assistant coach S Sriram in Lucknow's experienced backroom staff line-up. Klusener is also the head coach of the SA20 franchise Durban Super Giants, who are Super Giants affiliate. He guided the franchise to SA20 final earlier this year.

Jaiswal hit a record-equalling 12 sixes in his knock, which included three straight hits over the fence off James Anderson -- a first for the veteran quick who has 696 wickets in 185 Tests. With this, Jaiswal also now stands level with former Pakistan great Wasim Akram, who also hit 12 sixes in an innings against Zimbabwe at the Sheikhupura Stadium in 1996. During that time, the former skipper had scored an unbeaten 257 off 363 balls, powering his team to 553 in the 1st innings.

Test match to romp to a 434-run win, their biggest victory in terms of runs. India now lead 2-1 with two Tests to play and once again look like a force at home. For some time now the template has been to play on rank turners at home, and this has resulted in a lottery of sorts. But, with England attacking relentlessly, India returned to the old model. On a Rajkot pitch that was built to last five days, with wear and tear coming into play at the back end, India played to their strengths and pulled off a perfect home Test. Records fell along the way. Yashasvi Jaiswal, returning to the crease, creamed 12 sixes — equalling the mark Wasim Akram set in the course of his unlikely double-hundred against Zimbabwe — and became the third Indian to score back-to-back double-hundreds in a series.

India vs Australia Live Score Updates, U19 World Cup Final: Ind vs Aus, The U19 Indian cricket team – led by Uday Saharan – is all set to face Hugh Weibgen-led Australian U19 cricket team in the final of the 2024 Under-19 World Cup at the Sahara Park Willowmoore Cricket Stadium in South Africa's Benoni on 11 February.India are U19 WC defending champions and have won the U19 World Cup title 5 times – 2000, 2008, 2012, 2018, and 2022. On Sunday, the Indian team will aim to create history by winning it for the sixth time.Both the finalists have arrived at this stage unbeaten.

ALSO READ: India vs Australia U-19 World Cup Final: Date, squads, where to watch, other details On the contrary, Australia defeated Namibia, Zimbabwe and Sri Lanka in the Group stage. In the Super Sixes, Australia dismantled England by 110 runs (DLS method) and had a no-result match against West Indies due to rain.

More internationally-educated health workers are being introduced across Alberta to help fill the gaps in the current health care system.

Virat Kohli and Rohit Sharma, in the T20 format as India will clash against Afghanistan for the second time in Indore. In the last match in Mohali, India had won the first game by six wickets to take a 1-0 lead. India's star batter Virat Kohli had missed the first T20I match against Afghanistan in Mohali due to personal reasons but will be back in action for today's match.

Dabur India), gave positive returns in the current calendar year with 3 rallying over 50 percent. Varun Beverages was the top gainer, surging almost 87 percent in 2023, followed by Radico Khaitan and Colgate-Palmolive, which soared 58 percent and 56 percent, respectively. Meanwhile, ITC, Tata Consumer Products, Nestle India, United Spirits, Godrej Consumer, and Britannia Industries advanced between 20 and 37 percent each.

Varun Beverages Ltd, the manufacturer, bottler and distributor of PepsiCo products, which helps the American company stay nimble by keeping it free of burdens that come with manufacturing and selling FMCG goods. Steady growth of Varun Beverages in recent years, despite Covid disruptions, has made it a darling of the markets.

₹1,380, up 7% on Wednesday. BevCo holds franchise rights from PepsiCo Inc. in South Africa, Lesotho and Eswatini, and distribution rights for Namibia and Botswana.

Varun Beverages Ltd (VBL), one of PepsiCo’s largest franchise bottlers worldwide, announced the acquisition of South Africa-based Beverage Company (Bevco) along with its wholly-owned subsidiaries at an enterprise value of Rs 1,320 crore, on Tuesday. The proposed transaction is valued at an enterprise level of ZAR 3 billion (Rs 1,320 crore) and will help it expand its geographical footprint in the African market, the company said in a stock exchange filing. BevCo, which has franchise rights from PepsiCo Inc, in South Africa, Lesotho and Eswatini, manufactures and distributes licensed PepsiCo and own-branded non-alcoholic beverages in South Africa.

Josh Hazlewood, who has been tipped to create ripples in auction room, will be available for IPL 2024 only from the first week of May, as per the BCCI intimation to the teams. Hazlewood, who played an integral role in Australia's recent ODI World Cup win, will be away in March and April as the pacer and his wife are expecting their first child. Hazlewood, who was released by the Royal Challengers Bangalore, has been bracketed in the top-of-the-line Rs 2 crore base price category in the player auction to be held in Dubai on Tuesday.

FanCode will exclusively livestream the latest edition of Dream11 Super Smash 2023-24, New Zealand's T20 league beginning on December 19, 2024, the company said on Monday. The Super Smash features six men’s and women’s teams.

Bangladesh head coach Chandika Hathurusingha wants his players to guard against complacency as it tries to secure a first series win against New Zealand in the second and final test. Bangladesh won the first test in Sylhet by 150 runs to close in on a landmark series victory. The only top-level teams that Bangladesh has ever beaten in a two-match test series are Zimbabwe and West Indies. «I can't see complacency in the team. If I see any action of complacency, I will have one to one chat,» Hathurusingha said ahead of Wednesday's opening day.

OECD warned. Growth is losing momentum in many countries and won’t edge up until 2025, when real incomes recover from the inflation shock and central banks will have begun cutting borrowing costs, according to the organization. Inflation eased in Europe, Brazil and Australia in recent readings but remains too high for central bankers’ comfort. Meantime, price pressures accelerated in Japan’s service sector, as well as in Zimbabwe, where officials recently adopted a new inflation metric. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: World The Organization for Economic Cooperation and Development forecasts global gross domestic product to expand only 2.7% next year after an already weak 2.9% in 2023.

Google's new AI-powered experiment — «Instrument Playground» — lets you create music inspired by instruments from around the globe. Google will let you choose one of over 100 instruments from around the world you'd like to play. For example, Veena from India or the Dizi from China or the Mbria from Zimbabwe, and MusicLM (a text-to-music AI tool) will generate a 20 second sound clip.

Uganda secured its place in a global cricket tournament for the first time Thursday after beating Rwanda in African qualifying for next year's T20 World Cup. The country of 50 million in East Africa got into the expanded 20-team competition, being co-hosted by the West Indies and the United States in June, at the expense of Zimbabwe — an established cricketing nation. Uganda defeated Zimbabwe by five wickets on Sunday for its first ever win over a Full Member team in a T20 international, and followed that up by dismissing Rwanda for 65 then reaching its target in 8.1 overs in Windhoek, Namibia. Namibia has also advanced through African qualifying to complete a lineup of teams that also contains Oman, Nepal, Papua New Guinea and Canada.