Nizbert Moyo

2 weeks ago | southerneye.co.zw | Nizbert Moyo |William Vundla |Sharon Sibindi

The European Union (EU) has initiated an investigation into BYD, a major Chinese electric vehicle (EV) manufacturer, focusing on its operations at a plant in Hungary. This action forms part of the EU’s intensifying scrutiny of Chinese subsidies, a long-standing concern among European industries. BYD, backed by significant state support from China, has rapidly expanded its global presence, with subsidies potentially covering up to 20-30% of production costs, according to industry analysts.

2 weeks ago | southerneye.co.zw | Nizbert Moyo |William Vundla |Sharon Sibindi

ZIMTRADE, Zimbabwe's national trade development and promotion organisation, is set to host the Zimbabwe-China Avocado and Macadamia Inward Buyers Mission from April 8 to 10, 2025, in Chipinge. This event aims to strengthen Zimbabwe's trade relations with China, one of the world's largest and most lucrative markets, according to a statement released on Monday.

2 weeks ago | southerneye.co.zw | Nizbert Moyo |William Vundla |Sharon Sibindi

As students turn to AI to do their assignments and detection tools fail, universities scramble to rethink their assessment methods – while some institutional denial about the scale of the problem abides. Acrisis is brewing in local higher learning institutions over the use of artificial intelligence (AI) to cheat – and university authorities seem to be at sea over how to handle it.

2 weeks ago | southerneye.co.zw | Nizbert Moyo |William Vundla |Sharon Sibindi

President Donald Trump's sweeping tariff plans hammered global financial markets and U.S. stocks braced for more turmoil on Monday, after he warned foreign governments they would have to pay "a lot of money" to lift the levies he called "medicine". Asian equity markets sank, European shares crashed to a 16-month-low and oil prices plummeted as investors feared the duties Trump announced last week could lead to higher prices, weaker demand and potentially a global recession.

2 weeks ago | southerneye.co.zw | Nizbert Moyo |William Vundla |Sharon Sibindi

THE Zimbabwe Gold (ZiG) currency turns one tomorrow in what has been a roller-coaster year for the local unit. The structured currency, backed by some minerals and cash reserves, debuted on April 8 last year in government’s sixth attempt to establish a stable currency in over a decade. It replaced the Zimdollar, which had been routed by major currencies, especially the United States dollar.