adminIndustrial index marks highest climb
MOST heavyweights of the Zimbabwe Stock Exchange staged solid gains,led by Econet Wireless, as stocks continue rallying on strong foreign buying. The industrial index climbed to its highest level since
Ray of hope for cotton growers
Martin Kadzere Senior Business Reporter
THERE is a ray of hope for local cotton farmers as international lint prices gradually recover. If sustained up to when the Zimbabwean crop gets to the market, this could see growers getting better
Govt engages European bank officials
Business ReporterOFFICIALS from the European Investment Bank last week held talks with the Ministry of Finance on the US$221 million the country owes the bank. While details of the talks could not be established, Finance
EMA sleeping on the job
Jeffrey Gogo Climate StoryCOMMEMORATING the World Wetlands Day last Saturday evoked melancholic sentiments of an event robbed of its solemnity, and of the social and environmental impacts of a Zimbabwe in a desperate
Eurozone inflation falls
BRUSSELS. -The eurozone crowned a week of steadily improving economic data last Friday with inflation almost down to the European Central Bank’s medium-term target, falling to 2,0 percent in January afterBarclays Bank boss to forego bonus
LONDON. – British bank Barclays, which has been plagued by the Libor rate-rigging scandal, announced on Friday that chief executive Antony Jenkins would forego his 2012 bonus after a “difficult” year at theCMED pays US$1m dividend to Treasury
Evelene Taadira Business ReporterCMED (Private) Limited last week paid US$1 million to Treasury as a dividend from the US$3,4 million profit it made in 2011. The development is part of statutory provisions stipulating that State enterprises
RBZ wants Royal Bank liquidated
Business ReporterTHE Reserve Bank of Zimbabwe has applied for the liquidation of Royal Bank after the troubled financial institutions’ recapitalisation initiatives failed to materialise. Central bank governor Dr Gideon Gono said
ZSE stocks record solid run
Martin Kadzere Bulls and Bears
THE Zimbabwe Stock Exchange enjoyed a handsome bull run last month, largely supported by strong foreign buying, mostly in heavily capitalised counters. Some of the stocks that have had a solid run