adminBrexit vote grim news for SABMiller
JOHANNESBURG. — THE £44 a share offer for SABMiller by Anheuser-Busch InBev (AB InBev) became significantly less attractive for shareholders after sterling was battered in the chaotic response to the…
Chaminuka fired
Thupeyo Muleya in BEITBRIDGE Border Strikers Board of Trustees have fired Saul Chaminuka from his post as head coach. Chaminuka joined the club on a three-year contract in February this year. Club…
De Chassart to represent Zim
Sports Reporter GABRIELLE Dumont De Chassart will represent Zimbabwe in the Junior Women sprint event at the ITU World Triathlon Grand Finals in Cozumel, Mexico, in September. Triathlon Zimbabwe confirmed that…
Allied Timbers re-hires milling contractors
Business Reporter ALLIED Timbers has re-hired milling contractors to argument production after lifting the suspension, which was also meant to eliminate indiscriminate harvesting of trees. Allied, the State owned company with…
Aussies win tri-nations series
KINGSTON. — A match-winning three-wicket bowling stint by Mitchell Marsh lifted Australia to a convincing victory by 58 runs against West Indies in the final of the triangular one-day international…
Brexit benefits for AngloGold Ashanti, Gold Fields
“The current situation is unusual given that increases in gold prices are usually accompanied by appreciation of the Australian dollar and the South African rand relative to the US dollar,” JOHANNESBURG.…
Dangote Group projects going ahead
Martin Kadzere : Senior Business Reporter THE planned $1,2 billion investment projects by Dangote Group are going ahead, the Zimbabwe Investment Authority said last week, though it could not give a…
Mozambique yields jump after IMF warning
MAPUTO. – Mozambique government bond yields jumped to a record 18,94 percent after the International Monetary Fund warned the south-eastern nation’s public debt was at a high risk of distress. The…
ACL to secure $20m credit lines
Tinashe Makichi : Business Reporter African Century Leasing is confident of securing about $20 million worth of lines of credit this year aimed at supporting productive sectors of the economy. The leasing…
BREAKING NEWS: UK loses AAA credit rating from S&P
LONDON – The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU. S&P said the referendum result could lead…