adminFull house at Zim gems auction
Mernat Mafirakurewa Business Editor— Over 100 buyers took part in the inaugural rough diamond tender for the country’s diamonds being held in Dubai, it has emerged. The tender that began…
‘Interbank market to boost investor confidence’
Oliver Kazunga Senior Business Reporter THE $100 million to kick start the interbank market availed by government will enhance banking sector confidence, economists said yesterday. Finance and Economic Development Minister…
Croco Motors unveils Higer bus
Business Reporter LEADING local motor vehicle dealer, Croco Motors last week launched a Higer bus in Bulawayo as part of efforts to grow its market. Croco has dealership licenses for…
Afreximbank extends $3,5bn to Zim
The Africa Export and Import Bank (Afreximbank) has in the past few years extended $3,5 billion in support of various economic activities in the Zimbabwean economy, says Reserve Bank of…
SA e-tolls to hit already high petrol price
Johannesburg – The easing rand pressure on the petrol price may be short-lived as the effect of e-tolls on fuel prices filter through, industry body Sapia has warned. According to…
China’s factory activity show further contraction
China’s manufacturing sector showed further contraction in March, according to a new report which mainly tracks activity in smaller factories. The HSBC Purchasing Managers’ Index (PMI) gave a reading of…
Zambian kwacha rallies against US dollar
The Zambian kwacha has begun showing signs of improvement against international currencies with economic analysts expecting the upward trend to continue.Sunday’s announcement comes two days after the government scrapped two…
Ethiopia, Egypt in dispute over access to the Nile
Egypt and Ethiopia are in a growing dispute over access to the River Nile. Ethiopia is constructing the Grand Renaissance Dam, which when finished will be Africa’s largest hydroelectric dam…
Motlanthe to meet mining firms, unions as platinum strike drags on
South Africa’s deputy president will meet with the mining industry and unions on Thursday for a regularly scheduled forum aimed at bringing stability to the sector, as a crippling platinum…
Zifa poll ruling today
Petros Kausiyo Harare Bureau— ZIMBABWE’S football family will now have to wait until this afternoon to know whether the Zifa board elections will go ahead on Saturday after High Court…