HSBC pulls European shares lower; luxury stocks in focus

European shares retreated on Monday as a glum profit outlook from the region’s largest lender HSBC offset gains in trade-sensitive sectors buoyed by positive developments on the U.S.-China trade front.

South Africa’s rand clings on to gains ahead of crucial budget speech

JOHANNESBURG – South Africa’s rand inched firmer early on Monday, holding near a 7-week best, as investors looked beyond an uncertain local and global backdrop and kept buying the high-yielding currency.

South Africa’s rand clings on to gains ahead of crucial budget speech

JOHANNESBURG – South Africa’s rand inched firmer early on Monday, holding near a 7-week best, as investors looked beyond an uncertain local and global backdrop and kept buying the high-yielding currency.

Parly Committee threatens arrests for hearing abscondment

HARARE – The Parliamentary Portfolio Committee on Public Accounts on Monday directed that a warrant of  arrest be issued against a top private company official whose company  has been contracted to provide government with fertiliser, for  “wilfully” absconding hearings.

Parly Committee threatens arrests for hearing abscondment

HARARE – The Parliamentary Portfolio Committee on Public Accounts on Monday directed that a warrant of  arrest be issued against a top private company official whose company  has been contracted to provide government with fertiliser, for  “wilfully” absconding hearings.

Cottco debt-equity swap plan doubtful

The Cotton Company of Zimbabwe (Cottco), the country’s largest financier of cotton has paid $24 million to retire part of its $54 million owed to Zimbabwe Asset Management Company (ZAMCO), shedding prospects for a debt to equity swap.

Cottco debt-equity swap plan doubtful

The Cotton Company of Zimbabwe (Cottco), the country’s largest financier of cotton has paid $24 million to retire part of its $54 million owed to Zimbabwe Asset Management Company (ZAMCO), shedding prospects for a debt to equity swap.

Exporters can still lay claim to forex balances

Business Writer Exporters who had foreign currency balances with their banks before February 28, 2018 can still claim their money in foreign currency from their banks, if they did not…

Exporters can still lay claim to forex balances

Business Writer Exporters who had foreign currency balances with their banks before February 28, 2018 can still claim their money in foreign currency from their banks, if they did not…

Link Sadc economies: ED

PRESIDENT Mnangagwa has made a rallying call for regional countries to develop systems that ensure their economies speak to each other to address challenges of high costs and impediments posed by infrastructural gaps and geographical locations.

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