adminRand volatility down on global stocks
Prodigy Chinanga Money in MotionGlobal stocks, the euro and the Asian markets opened Monday’s session higher and the volatility of the rand simply died down. Today we shall look at the different styles of investing that focus on companies in different stages of activity. Although one doesn’t need to look at one style and of which many investors gravitate toward either value or growth investing styles. Some would argue
‘Some firms in economic sabotage’
Wenceslaus MurapeStrategic industries in Mutare should not be allowed to close down but instead, investors to revive them should be urgently sought, a senior Government official has said.
Manicaland Provincial Governor and Resident Minister Chris Mushowe said this in an interview last week. He bemoaned the closure of several companies in Mutare that played a crucial role in
Foreign investors adopt a wait and see attitude
Business ReporterTHE investment appetite among foreign investors has largely been subdued this year as the country grappled to clear negative perceptions around indigenisation and empowerment laws and uncertainty over the country’s political reforms. According to Zimbabwe Investment Authority, proposals worth US$821 million were approved in the 10 months to October, and with only a month
ZSE industrial index falls
Business ReporterTHE ZSE industrial index fell yesterday on losses in selected heavyweight stocks. After trades, the industrial index declined 0,51 percent or 0,78 points to 152,08 while the minings index rose 0,57 percent or 0,39 points to 68,58. Total market revenue slightly improved to US$866 856 on about 4,5 million shares from US$614 775 on about 717 470 shares that traded on Monday.
Banks in panic mode
Golden Sibanda Senior Business Reporter
Most commercial banks in Zimbabwe are believed to have plunged into panic mode after Finance Minister Tendai Biti announced plans to introduce measures that could eat into a substantial chunk of the financial institutions’ income. Sources in the banking sector said the Bankers Association of Zimbabwe has since engaged Reserve Bank of Zimbabwe Governor Gideon Gono for a
Cafca under spotlight
Business Reporters
THE Securities Commission of Zimbabwe may direct Cafca Ltd to republish its financial results for the year to September 30 2012 after raising concerns that it did not make full financial disclosure. Cafca, a cable manufacturing company, released its results yesterday. Secz chief executive Mr Tafadzwa Chinamo told Herald Business yesterday that the commission review panel
Rainfall activity set to decrease
Agriculture Reporter
The Meteorological Services Department yesterday said daily total rainfall activity will decrease in most parts of the country starting today until Sunday.Embrace your God given gifts
Takura Rukwati
I grew up partly in the city and communal areas of Zimbabwe and it has dawned on me that people give a person honour based on his respectable background, the school he or she went to, hospital he or she was born, or by the amount of assets a person has or the people he or she associates with.Understanding art of rhythm
Knowledge Mushohwe
Principles of design, the physical elements of an artwork, are almost always universal in relation to every genre of human creativity. One principle of design that has strong links to artistic style is rhythm.