adminBond coins to restore good pricing models
Felex Share Harare Bureau Economists have hailed the Reserve Bank of Zimbabwe for introducing bond coins, which were received with mixed feelings when they started circulating yesterday, saying the move…
Bond coins not to exceed $50m — Mangudya
Harare Bureau THE Reserve Bank of Zimbabwe said bond coins in circulation will not exceed $50 million for the next three years until economic fundamentals improve.
Tobacco board set to meet demand
Harare Bureau THE Tobacco Research Board (TRB) expects to meet seed demand next year following the commissioning of a new seed packaging machine with a capacity of one million kilogrammes…
Buy Zimbabwe Campaign honours champions
BUY Zimbabwe hosted the 2nd Annual Buy Zimbabwe Awards on Wednesday December 10, 2014 at Cresta Lodge, Harare. The Buy Zimbabwe Awards seek to honour outstanding local companies and individuals…
Putin says Russian economy will rebound
Russian President Vladimir Putin has attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists amid the worst financial crisis of his rule.
Rand affected by rouble: Economist
Johannesburg – The rand is being affected by the rouble’s depreciation because they exported similar commodities and could be seen in the same emerging market basket, an economist said yesterday.
Gold rises as Fed takes patient stance on rate hike
LONDON – Gold climbed more than 2 percent yesterday after the US Federal Reserve said it would take a patient approach toward raising interest rates, lifting stock markets and commodities…
SA stocks log biggest gain in nearly 6 years
Johannesburg – Fuel-maker Sasol led the charge as South African stocks booked their biggest daily gain since March 2009 yesterday, swept along by a wave of positive global equity market…
British royals might remove hunting trophies
London – Britain’s royal family could remove some hunting trophies that include elephant tusks and stuffed rhino from Queen Elizabeth II’s Sandringham residence to avoid a possible debate with the…
Ethiopia’s metro rail completion near
Addis Ababa – Ethiopia expected to complete the Chinese-backed construction of a $475m metro rail system in Addis Ababa next month, the head of the project said.