June 5, 2011 – Page 9

LONDON.
Global markets urgently need extra oil as refinery demand is about to spike, the West’s energy watchdog has said in

By Golden Sibanda
ECONET Wireless Zimbabwe is likely to take over Afre Corporation as it has emerged it would underwrite the life

LONDON.
Mozambique-focused miner Noventa said it needs an extra US$25 million to bring a new plant into full operation, a

ABIDJAN.
Cocoa farmgate prices in Cote d’Ivoire’s growing regions were mixed in the past week as high humidity levels and

ROME.
Italian and Chinese companies signed agreements worth US$3,2 billion (2,2 billion euros) last Friday during a visit by

Bulls and bears with Martin Kadzere
ZSE stocks last week rallied on improved buying in heavyweight counters as the industrial index advanced 2,04

By Tawanda Musarurwa
THE Consumer Council of Zimbabwe’s urban low-income consumer basket for the month of May has gone up.

JOHANNESBURG.
Riversdale Mining has entered into an offtake agreement with trader Trafigura for thermal coal from its Benga coal

By Daniel Nemukuyu
OLD Mutual Property Investments Corporation (Private) Limited is seeking to evict two firms owned by Bulawayo

HAMBURG.
Spanish vegetable exporters vented their anger last week in Hamburg, the epicentre of a deadly E. coli outbreak,