Zimasco exits judicial management

BH24 Reporter HARARE – Kwekwe-based ferrochrome producer, the Zimbabwe Mining and Smelting Company (Zimasco) has emerged out of judicial management.

RBZ takes steps to liberalise forex market

HARARE –  The Reserve Bank of Zimbabwe (RBZ) on Wednesday took major steps towards liberalising the foreign  currency market to attract investment into the country and announced a  cocktail of measures aimed…

Unilever stops production of Sunlight Liquid

Enacy Mapakame HARARE – Food, home and personal products manufacturer, Unilever Zimbabwe has temporarily halted the production of Sunlight Liquid citing foreign currency shortages.

Govt to criminalise multi-tier pricing, refusal of other payment forms

HARARE – The Zimbabwean Government is  taking measures to criminalise the use of a multi-tier pricing system by  service providers in the country, blamed for fuelling a hike in prices …

Rand slightly firmer as market awaits clarity on Zuma’s fate

The rand was slightly firmer on Thursday morning as the market awaited further clarity on President Jacob Zuma’s expected resignation.

Global shares fragile, U.S. yields creep up after U.S. budget deal

TOKYO – Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by…

South Africa’s future hinges on Ramaphosa’s strategic skills

By Jakkie Cilliers South Africa’s 2018 State of the Nation address by the president of South Africa has been postponed. This unprecedented step makes it clear that the country is seeing…

LATEST: Bosso new signing sidelined by injury

Mehluli Sibanda, Senior Sports Reporter ONE of new signings at Highlanders Football Club, Timothy Zivave, suffered an injury at training which will sideline him for a while.

Commonwealth welcomes back The Gambia

BANJUL. – The Commonwealth has welcomed The Gambia back as a member, following the democratic election of former estate agent Adama Barrow as president. The Gambia quit the Commonwealth under Yahya…

Emergency door falls off Nigerian plane

ABUJA. – A Nigerian airline has blamed a passenger after one of its aircraft doors fell off shortly after landing. The flight from Lagos to Abuja was taxing on the runway…