Latest news with #CABS
Time of India
04-05-2025
- Entertainment
- Time of India
NYT Mini Crossword hints, May 4, 2025: Answers and clues to solve today's brain teaser
For enthusiasts of wordplay, the NYT Mini Crossword has become a beloved part of their daily routine. Though often overshadowed by its larger sibling, The New York Times Crossword , the Mini has cultivated a strong following among players who seek a quick but rewarding brain teaser. #Pahalgam Terrorist Attack India much better equipped to target cross-border terror since Balakot India conducts maiden flight-trials of stratospheric airship platform Pakistan shuts ports for Indian ships after New Delhi bans imports from Islamabad For Sunday, May 4, 2025, the latest Mini puzzle brought a clever mix of cultural references and lateral wordplay. Here is a detailed look at today's NYT Mini Crossword hints, with clues followed by complete answers for both 'Across' and 'Down' entries, as per a report by Parade magazine. A Quick Word Game Staple While The New York Times Crossword remains a staple among long-time puzzle solvers, the Mini offers a faster, more approachable challenge. Designed to be completed in just a few minutes, it is ideal for readers fitting in a quick cognitive workout over morning coffee or a midday break. Live Events Players seeking help with today's puzzle will find the following breakdown useful, whether they're looking to get unstuck or simply double-check their guesses. Across Clues and Hints 1 Across – Wines that Napa Valley is renowned for, informally Hint: Ends in "S", and it's a common nickname for a full-bodied red. 5 Across – "Right away!" Hint: Starts with "A", implies urgency or immediacy. 8 Across – School students Hint: Classic term, ends in "S", common in primary education. 9 Across – Make a 8-Across backward Hint: Starts with "S", and forms a palindromic joke. 10 Across – Many a new driver Hint: Ends in "N", referring to someone likely just behind the wheel. Down Clues and Hints 1 Down – Items of clothing that may be worn backward Hint: Ends with "S", often flipped for fashion or fun. 2 Down – _____ Gawande, surgeon and best-selling author of Being Mortal Hint: Begins with "A", a well-known public health figure. 3 Down – Hasbro toy with a pull handle and a twistable crank Hint: A rhythmic kids' game, ends in "T". 4 Down – Criticize snarkily with "at" Hint: Starts with "S", slangy tone implied. 6 Down – You're reading it Hint: A word linked with instructions or mysteries. 7 Down – Channel with "2" and "U" spinoffs Hint: A major sports broadcaster with a wide cable presence. Official NYT Mini Crossword Answers – May 4, 2025 Across Answers: 1 Across – CABS 5 Across – ATONCE 8 Across – PUPILS 9 Across – SLIPUP 10 Across – TEEN Down Answers: 1 Down – CAPS 2 Down – ATUL 3 Down – BOPIT 4 Down – SNIPE 6 Down – CLUE 7 Down – ESPN FAQs How often does the NYT mini crossword reset? Wherever you are, we're available around the clock to help you solve your NYT Mini Crossword. Just a quick note: each day's mini puzzle refreshes the evening before its official release. What is the hardest day of the New York Times mini-crossword? The crosswords gradually become more challenging as the week progresses, starting with the easiest on Monday and reaching peak difficulty by Saturday.
Business Insider
28-04-2025
- Business
- Business Insider
Zimbabwe resumes gold coin minting amid soaring bullion prices
Zimbabwe's central bank has resumed issuing gold coins, a move it had suspended 10 months ago. Zimbabwe's central bank has resumed issuing gold coins after a 10-month suspension. The move is aimed at boosting the bullion reserves backing the local currency, ZiG. Gold coins are available through the country's banks and are seen as a valuable asset amidst trade war uncertainties. Zimbabwe's central bank has resumed issuing gold coins, a move it had suspended 10 months ago. This decision aims to boost the bullion reserves backing the local currency, the ZiG, which is teetering on the brink amid policy missteps, according to Imara Asset Management, the country's oldest independent brokerage. The 22-carat coins halted in July, are once again available through the country's banks, at a time when the appeal of bullion is high, according to Persistence Gwanyanya, a member of the central bank's monetary policy committee. ' Gold is more attractive to the market at the moment and it supports our value preservation efforts, ' Gwanyanya said Sunday in a phone interview. 'We are taking advantage of firm gold prices and re-injecting the gold coins into the market.' Two banks have confirmed the sale of newly minted gold coins: the Central Africa Building Society (CABS), a subsidiary of Old Mutual Zimbabwe, and a local branch of South African lender Nedbank Group Ltd, Bloomberg reported. These coins, first issued in 2022, were introduced as a store of value for pension funds and individuals looking for a haven from recurring inflation and currency volatility. Nedbank described the coins as an 'alternative investment option' that can be used to enhance investment portfolios with a 'valuable asset.' The coins are available in denominations ranging from one-tenth of an ounce to one ounce of gold. A surge in global gold prices, which have increased by around 25% this year due to trade war uncertainties sparked by the U.S., is expected to benefit Zimbabwe, a key producer of the precious metal.
Zawya
25-03-2025
- Business
- Zawya
Zimbabweans deserve real economic empowerment, not sinking them deeper into debt
In recent months, the Zimbabwean government has stepped up its rollout of so-called 'empowerment funds,' which are largely revolving loans targeting specific groups such as war veterans, women, civil servants, and most recently, the youth. These initiatives are loudly touted by those in power as transformative tools designed to lift ordinary citizens out of poverty and drive economic inclusion. Yet, a closer examination raises a critical question: how sustainable are these funds, and more importantly, is this truly empowerment? To properly assess this, we must first ask why Zimbabweans even need to be granted loans in the name of empowerment. To directly receive articles from Tendai Ruben Mbofana, please join his WhatsApp Channel on: It is important to recall that when we were growing up in the 1980s and 1990s—having been born in 1973—our parents never needed government handouts to survive. My father was a schoolteacher, and my mother a nurse. They managed to provide for our family and live respectable lives, not through state-backed loans or so-called empowerment projects, but through gainful employment. The only loans I recall were mortgages from the then Central African Building Society (CABS) to purchase homes. These were not poverty-alleviation schemes; they were part of a broader system in which working Zimbabweans could afford dignified lives through salaries that had real value. That was the norm for millions across the country. Whether one was a bus driver, a general hand, or a civil servant, their earnings were sufficient to economically empower them. There was no obsession with starting 'projects' to supplement incomes. So, why today do even professionals like teachers, nurses, and civil servants need loans to survive? Why must they venture into side businesses to make ends meet? The answer is glaring. Zimbabwe has suffered a catastrophic collapse of formal employment, with over 90 percent of the population now surviving in the informal sector. Even those still in formal employment are grossly underpaid and can no longer rely on their salaries to feed their families, pay rent, or send their children to school. In fact, today's economic hardships are so widespread that even war veterans—once the pride of our liberation struggle—now require loans for basic survival. This is a reflection not of progress, but of national decay. Our economy, once admired across the continent, has been wrecked through decades of mismanagement, corruption, and poor governance. Instead of sound industrial policy, we've witnessed massive de-industrialization. Thousands of companies have shut down over the past two decades, and investor confidence has plummeted. The once-thriving manufacturing sector has collapsed. A country that once fed itself now imports basic foodstuffs. Every year, about 300,000 students complete secondary school. Of these, fewer than 20 percent proceed to A-level, and an even smaller number make it to university. Even for the thousands who graduate from Zimbabwean universities each year, very few will find formal employment. The rest are forced into vending, cross-border trading, or risky migration in search of better opportunities. Some, especially the most vulnerable, fall into drug and alcohol abuse. That is the tragic future this nation has handed its youth. Yet, Zimbabwe is not a poor country. We are blessed with an abundance of natural resources—gold, platinum, diamonds, lithium, and more. These minerals are in high demand globally, and yet our youth sell airtime on street corners, and university graduates line up outside embassies hoping for visas to escape the economic nightmare. Those who should be enjoying the fruits of national wealth are instead spectators to their country's looting. Meanwhile, a politically connected elite continues to amass insane wealth through dubious government tenders and opaque deals. These individuals—referred to locally as 'Zvigananda'—flaunt their riches in the faces of struggling Zimbabweans, often without shame or accountability. They boast designer clothes, flashy cars, and mansions, even as public hospitals crumble and civil servants can't afford transport to work. Ironically, some of these same elites are now fronting the 'empowerment fund' schemes. President Emmerson Mnangagwa recently launched a $15 million youth fund to much fanfare. A month prior, a $1.5 million fund was introduced for war veterans. On paper, these appear to be commendable initiatives. But let's consider the numbers. Zimbabwe has an estimated 13 million people under the age of 35. If the $15 million youth fund were distributed evenly, that amounts to just over a dollar per person. Even if only a fraction of the youth receive the money through the revolving fund model, how many can realistically receive enough to start viable income-generating projects? Not many. The truth is, only a handful will benefit—and even then, probably those connected to the powerful. The rest are simply drawn in for political optics. The thousands of young people who gathered in Harare to 'celebrate' this fund will not see a cent. Their hopes have been sold for the price of a photo-op. A similar scenario has unfolded with the war veterans' fund. Since its launch, barely one percent of registered ex-combatants have benefited. Once again, history suggests that those truly in need will be excluded, while politically connected beneficiaries enrich themselves. Moreover, how can pushing poor Zimbabweans into debt be considered empowerment? Under Zimbabwe's volatile economy, where inflation is rampant and the currency is unstable, most of these loans are doomed to fail. Borrowers may default, lose their assets, and be worse off than before. Empowerment should not come in the form of short-term loans in a collapsed economy. What is needed is real, structural economic reform that restores the dignity of work and guarantees equitable access to national wealth. True empowerment is when a nurse, teacher, or bus driver can live comfortably on their salary, just as our parents did. It is when young people can graduate from university and find jobs in a functioning economy. Empowerment is when citizens do not depend on politically driven loan schemes but thrive through a stable economic system built on transparency, good governance, and justice. Zimbabweans must reject this patchwork of short-lived schemes and demand lasting solutions. That means tackling the root causes of our crisis: ending corruption, reforming economic policy, and ensuring fair distribution of our vast resources. We must stop being content with crumbs and demand our rightful share of the national cake. As long as we remain silent, those in power will continue to treat us as afterthoughts—dispensable and voiceless. Empowerment is not a loan. It is economic justice. © Copyright The Zimbabwean. All rights reserved. Provided by SyndiGate Media Inc. (
