Futures drop as U.S.-China trade worries resurface
U.S. stock index futures fell on Thursday as uncertainty around a potential trade deal between the United States and China overshadowed strong earnings reports from Apple and Facebook. Chinese officials…
Africa’s MTN cancels $300 million stake sale in Mascom Wireless Botswana
JOHANNESBURG – South African telecoms major MTN Group Ltd has ditched a plan to sell its 53% stake in Mascom Wireless Botswana, which was supposed to net the company $300…
Zim reduces trade deficit in September
HARARE – Zimbabwe managed to reduce its trade deficit for the month of September 2019 compared to the previous month by about US$14 million, latest trade data released on Wednesday …
Cresta group in US$2.5m Jameson hotel upgrade
HARARE – Cresta Hotels said on Thursday it has invested US$2.5 million in the on-going upgrade of the iconic Cresta Jameson (Jameson) hotel in central Harare. In addition to improving…
Edgars profits up 594pc
Michael Tome HARARE – Clothing retailer, Edgars Stores Limited Edgars recorded a solid financial performance posting a 594 percent jump in profit to $13 million for the half year ending…
JUST IN: Botswana leader Masisi sworn-in
President Mnangagwa this morning witnessed the swearing in of Botswana’s fifth democratic leader President Mokgweetsi Masisi at a colourful ceremony here at the University of Botswana’s Indoor Sports Arena in Gaborone.
JUST IN: Acting President at clean-up
Acting President Kembo Mohadi has participated at this month’s national clean-up exercise held at Fife Avenue Shopping Centre in Harare.
Artiste vows to wow fans after European tour
Neo soul artiste Prayer “Prayersoul” Mtamangira will be showcasing his vocal abilities tonight at Alliance Francaise, where he stages his first major concert in the capital after returning from a European tour.
The gig, which is dubbed “An Evening with PrayerSoul”, is the second edition of his annual affair that is usually held during this time of the year.
Banks shun RBZ’s overnight facility
Golden Sibanda None of Zimbabwe’s 18 registered commercial banks has used the Reserve Bank of Zimbabwe (RBZ) overnight window since the apex bank hiked its bank rate from 15 percent…
Uncertain future for coal miners . . . as Zesa mulls own production
Martin Kadzere Zimbabwe’s coal mining giants face an uncertain future after Zimbabwe Power Company (ZPC) — a subsidiary of Zesa — said it is weighing an option of investing heavily…











