THE monetary policy committee (MPC) held the key rate at 20 percent after receiving positive market reaction to the new currency, Reserve Bank of Zimbabwe (RBZ)governor John Mushayavanhu said. Zimbabwe’s central bank started circulating ZiG notes and coins to the public, a day after policymakers kept interest rates unchanged at their first meeting since unveiling the new currency. The ZiG, short for Zimbabwe Gold, is the southern African nation’s sixth attempt since 2008 to deliver a stable domestic currency. RBZ governor John Mushayavanhu It was announced on April 5 and transacting in the u ..read more

China’s automotive industry has revolutionised over the past decade, from producing basic western clones to making cars that equal the world’s best. As the manufacturing powerhouse of the world, China is also producing them in huge volumes. However, Chinese cars are facing difficulties in finding buyers in Europe. Imported cars, many of which are Chinese electric vehicles, are piling up at European ports, with some spending up to 18 months in port car parks as manufacturers struggle to get them onto people’s driveways. Why is this, though? Chinese electric vehicles ..read more

“Tens of millions” of people are using technical workarounds to secretly access WhatsApp in countries where it is banned, the messaging platform’s boss has said. “You’d be surprised how many people have figured it out,” Will Cathcart told BBC News. Like many Western apps, WhatsApp is banned in Iran, North Korea and Syria. And last month, China joined the list of those banning users from accessing the secure platform. Other countries, including Qatar, Egypt, Jordan and the United Arab Emirates, restrict features such as voice calls. But WhatsApp can see where its users truly are, thanks to thei ..read more

Harry Kane has revealed Jude Bellingham said “you’re going to go left of the keeper” as the Real Madrid midfielder tried to put off his England team-mate before the Bayern Munich forward took his penalty in the Champions League semi-final. Bellingham could be seen mumbling something to Kane as the Bayern striker stepped up to take the spot-kick in the 57th minute of the first leg. However the England captain placed his penalty to the right of goalkeeper Andriy Lunin to give Bayern a 2-1 lead at Allianz Arena – although Vinicius Junior later also converted from the spot as the match end ..read more

Welcome to AI v the Mind, a new series from the BBC that will explore the limits of artificial intelligence by pitting it against the most powerful thinking machines on the planet – the human brain. It can spot signs of cancer that doctors often miss, appear to wax lyrical about how it “feels”, decipher ancient texts that have flummoxed researchers, predict the weather and even help us unravel animal communication. In many respects, artificial intelligence (AI) has become so advanced it’s more interesting to examine the things it can’t do. Despite AI’s world ..read more

SOUTH Africans looking to emigrate to the UK face a new reality regarding the taxation of their South African income and gains. South African expats will no longer be able to shield their South African assets from the UK tax authority (HMRC). Historic amendments have been proposed to overhaul the current UK tax regime with a new system focused on taxing foreign income and gains on a residence basis. Consequently, South Africans who move to the UK will be subject to UK tax on South African income earned and on the gains made on the disposal of their South African assets, including the withdrawa ..read more

Belgium goalkeeper Thibaut Courtois will miss Euro 2024 following a knee ligament injury despite a potential return for Real Madrid. Courtois, 31, has missed the entire season and needed another operation on his knee in March when he had a setback. He might return for Real Madrid before the end of the campaign but Belgium coach Domenico Tedesco has ruled him out of Euro 2024 selection. Courtois, who has 102 caps for Belgium, said in December, external he would not recover fully to play at the tournament held in Germany this June and July. “On this topic, everything has already b ..read more

Adverts shown during Amazon Prime shows and films have helped the tech giant to beat forecasts for sales and profit. Advertising revenue for the first three months of this year was 24% higher year-on-year, with the company making Amazon Prime adverts the default option for many customers over the period. Cloud services and its fastest-ever Prime delivery times also boosted results. Chief executive Andy Jassy said it was “a good start to the year”, although unions and employee groups say the push for delivery speed comes at the expense of staff. Mr Jassy said it was “very early days in all of o ..read more

Australian airline Qantas says it is investigating a privacy breach on its app that left customers with access to others’ personal details. Some users reported seeing several boarding passes and flight details belonging to strangers, including their names and frequent flyer information. Qantas said it fixed the problem about three hours after it was discovered, and apologised to customers. There was “no indication of a cyber security incident”, it added. “Current investigations indicate that it was caused by a technology issue and may have been related to recent system changes,” it said in a s ..read more

LONDON-based Kavango Resources Plc (Kavango) is aiming to raise about £3,08 million (US$3,86 million) by issuing 257,11 million new ordinary shares at a price per share of 1.2 pence through an underwritten accelerated bookbuild. Accelerated bookbuilding is a form of offering in which companies offer shares during a very short time window, generally lasting between 24 and 48 hours, to institutional investors. It opened on Monday, April 29 at 8:00 and it will close on Tuesday, April 30 at the latest at 17:00. This allows established institutions to raise capital quickly by dividing up the mar ..read more