adminBarclays Africa’s share price slides as investors brace for sale
JOHANNESBURG — Despite reiterating that it “remains committed to Africa”, Barclays Africa Group Limited’s (BAGL) share price came under considerable pressure in early morning trade yesterday, following speculation that Barclays…
Iranian keen to invest in ostrich project
Oliver Kazunga Senior Business Reporter AN Iranian investor has expressed interest in partnering local small holder farmers in a project to breed up to 2,000 ostriches in the country. Small to Medium…
Helcraw secures $120m
Harare Bureau LOCAL electrical equipment manufacturer, Helcraw Electrical (Pvt) Limited, has secured $120 million from the African Import and Export Bank for the construction of an emergency power plant in…
Brexit a global economy ‘shock’: G20 leaders
Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU. The ministers gave their opinion in a statement released…
Dawn takes over Makasa Sun
Bianca Mlilo Business Reporter Dawn Properties Limited has announced a plan to take over Barclays Bank of Zimbabwe’s 50 percent stake in Makasa Sun (Private) Limited for $14,6 million. In a statement…
Anglo shuts down Botswana coal operations
ANGLO Coal will shut down its operations in Botswana following a strategic decision by parent company, Anglo American to divest out of all but three commodities.The global mining giant, which…
Amplats to cut about 2,000 jobs
PLATINUM producer Amplats’ wholly owned subsidiary Rustenburg Platinum Mines on Friday began a consultation process in terms of Sections 189 and 189A of the Labour Relations Act on the proposed…
SA clubs keen on Chicken Inn players
Fungai Muderere in Pretoria South Africa— SOUTH African Premiership clubs Mamelodi Sundowns, Orlando Pirates, Supersport and Golden Arrows have reportedly made enquiries about a number of Chicken Inn players following…
Bosso players adapt to Akbay’s style
Sikhumbuzo Moyo Senior Sports Reporter HIGHLANDERS’ players are quickly adapting to the possession football style demanded by their new Dutch coach Erol Akbay, according to captain Felix Chindungwe. Bosso employed a 3-4-3…
Zifa readies for elections
Ricky Zililo Senior Sports Reporter ZIFA will tomorrow release names of people that will oversee elections for its five affiliates, the Premier Soccer League (PSL), Central Region, Eastern Region, Masvingo Province…