adminLack of data hinders economic planning
By Sifelani TsikoLACK of national statistics on key sectors such as health, education, agriculture and industry is hindering Zimbabwe’s economic planning process. This scenario has had profound effects on the…
European stock markets rise
LONDON.EUROPEAN shares rose on Friday, bouncing from this week’s sell-off but still on track for the biggest weekly fall in nearly eight months as uncertainty in the Middle East kept…
UK economic recovery falters
LONDON.Britain’s economy shrank by a worse-than-expected 0,6 percent in the fourth quarter, official data showed last Friday, as harsh wintry weather hampered prospects of a swift recovery.Gross domestic product –…
Zimplats to get power from Cahora Bassa
By Tawanda MusarurwaPLATINUM miner Zimplats has secured a contract to import electricity directly from the Cahora Bassa Dam, in western Mozambique, to drive its Ngezi Phase 2 expansion .South Africa-based…
RioZim posts full-year loss
Business ReporterHIGH finance costs have severely eroded RioZim profits as the diversified resource firm posted a full-year loss of US$880 000.The ZSE mining group, whose business includes extraction of gold…
Equities gain marginally on stock market
Business ReporterEQUITIES marginally gained last week, largely driven by gains in blue chips and some selected second-tier counters.The industrial index rose 1,3 percent to 159,51 points compared to the week…