Zimbabwe strikes $6,4m electricity import deal with Zambia

Zimbabwe has signed a five-year deal to import 100 megawatts per day of electricity from Zambia after paying $6.4 million in advance to Zesco, Zambia's energy supplier.

Zimbabwe has signed a five-year deal to import 100 megawatts per day of electricity from Zambia after paying $6.4 million in advance to Zesco, Zambia's energy supplier.

China's central bank cut interest rates on Monday to boost an economy battered by the government's strict zero-COVID policy and a slump in the housing market.

Ukrainian President Volodymyr Zelensky says the world is suffering due to the Russian invasion as all branches of Ukrainian industry suffered losses.

Africa's biggest airline, Ethiopian Airlines, said it suspended two pilots who allegedly fell asleep on a flight from Khartoum to Addis Ababa and missed landing.

Dubai-based airline Emirates announced on Friday that it will suspend all flights to and from Nigeria from September until the country pays off its $85 million debt.

The Reserve Bank of Malawi (RBM) has said it has no plans to further devalue the Malawian Kwacha as there is no reason to do so.

A UN-chartered vessel loaded with grain left Ukraine for Africa on Tuesday after an agreement was reached to ease a global food crisis, the transport ministry said.

Tesla chief executive officer Elon Musk tweeted on Tuesday that "I don't buy sports teams," calling a viral post about buying Manchester United a joke.

The first cargo ship to reach its final destination after departing Ukraine under a Moscow-Kyiv deal docked in Turkey on Monday, Kyiv said, while a cargo expected in Lebanon reported delays.

Nissan Clover Leaf Motors has announced the appointment of Pamela Nyatsambo as the new Parts and Procurement Manager at 82 Mutare Rd, Harare.