RBZ negotiates US$500m facility to buttress FCAs

The Reserve Bank of Zimbabwe is finalising discussions with the African Export-Import Bank towards a US$500 million Nostro Stabilisation Guarantee Facility to provide foreign currency account (FCA) holders with assurance that foreign currency shall be available on request.

How to Construction Your Essay Introduction

What You Should Know About Essay Writing Service Cheap Uk In fact, a veteran writer may get the job done faster compared to any student because they will have been…

Govt, CFU bury hatchet

Elita Chikwati HARARE – Government and the Commercial Farmers Union have made a commitment to work together to boost agriculture production and productivity and improve the livelihoods of Zimbabweans. This…

Starafrica pins hope on exports

Kudakwashe Mhundwa HARARE – Sugar processing firm, Starafrica Corporation says it anticipates growth in operations in the second half of 2018 on the back of a recent resumption of exports…

South African assets weaker in early trade

JOHANNESBURG – South Africa’s rand retreated early on Monday, in line with falls in local bonds and stocks, as investor appetite for riskier assets was muted. The rand was 0.27…

Hwange H1 output jumps 45pc

Enacy Mapakame HARARE – Zimbabwe Stock Exchange-listed coal miner, Hwange Colliery Company Limited’s (HCCL) restructuring is paying off after the group’s half year production jumped by 45 percent to 819…

Why do people work? Respect trumps money in South Africa case study

Christine Jeske In South Africa, more than 50% of working age adults don’t have jobs. But is the country asking the right questions when it comes to understanding what drives…

European shares rise as NAFTA deal hopes lift sentiment

LONDON – European shares rose cautiously early on Monday as optimism on the trade war front was lifted by a new U.S.-Mexico-Canada agreement, which is helping world markets enter the…

Missed chances as Caps, Bosso draw

Eddie Chikamhi, Senior Sports Reporter Caps United 0-0 Highlanders CAPS United coach reckoned a share of the spoils was the best result after both his side and Highlanders conspired to fluff…

HCCL remains in red zone. . . Reports $23 million half year loss

Business Reporter HWANGE Colliery Company Limited (HCCL) reported a $23 million loss in the half year period ended June 30, 2018 compared to $24,5 million in the same period last…

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