adminUS unemployment falls 7,5pc
WASHINGTON. — The US economy added a solid 165 000 jobs in April, and the unemployment rate fell from 7,6 percent to 7,5 percent, its lowest level since December 2008, the Labour Department said last‘ECB negative rates not yet option’
BRATISLAVA. — The European Central Bank, which has just cut its key rates to an all-time low, is not considering negative interests for now, a top ECB governor said on Friday. Austrian central bank chiefGerman car sales to drop
FRANKFURT. — New car registrations in Germany, the benchmark for a crucial sector of the top European economy, are due to slip slightly this year, the main industry federation said last Friday. The GermanEU faces deeper recession
BRUSSELS. — Recession in the crisis-hit eurozone will be deeper than expected for the rest of the year, hitting even Europe’s biggest economies and leaving unemployment at record levels, the EUZSE turnover slumps
Golden Sibanda Senior Business ReporterTURNOVER on the Zimbabwe Stock Exchange declined 36,5 percent in April to US$23,08 million as the liquidity crisis in the economy took its toll on equities. Volumes traded on the bourse also took a
US sanctions hit Olivine
Business ReporterTHE US Office of Foreign Assets Control has intercepted a US$2 million loan Olivine Industries secured from PTA Bank because its majority shareholder, Industrial Development Corporation, is on the US
Gulliver factory auctioned
Fanuel Kangondo Business Editor
ZIMBABWE Stock Exchange-listed Gulliver Consolidated Limited had its main factory in the Aspindale industrial area in Harare auctioned for US$920 000 last Friday to settle mounting debts. The sale of
Latest:Take control of your natural resources-President
Herald Reporter
President Mugabe today urged African nations to take control of their natural resources for the benefit of their own populations after centuries of foreign exploitation.
Handball federation set to score a first
Collin Matiza Sports EditorTHE Zimbabwe Handball Federation are looking at scoring a first in this country.
They would like to become the first national sport association from Zimbabwe to send more than 100