China’s richest man Li Hejun lost $15 billion in just one hour yesterday when the stock for this solar panel firm Hanergy plummeted 47 percent in Hong Kong trading. Li overtook Jack Ma of Alibaba as China’s richest man in March when the stock for his company was estimated at $45 billion. He has so far not explained the astonishing crash. Hanergy’s shares had surged by 625 percent over the past year.
(602 VIEWS)
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…
The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…