Stock Market Weekly Review

Enacy Mapakame Bears dominated the Zimbabwe Stock Exchange (ZSE) with all benchmark indices closing the week in the negative as the market responds to the recent changes in currency reforms.…

ZimCoke recruits former Zisco workers

Michael Magoronga Redcliff-based company, ZimCoke Private Limited, is set to recruit scores of former Ziscosteel workers when the recruitment exercise begins this month. The company, which took over a coking…

Alrosa finalises diamond investment

Ishemunyoro Chingwere Business Writer  Government has sealed an investment deal with the world’s biggest diamond producer by volume, Alrosa (Russian), and the two parties have set July 17 as the date…

India closing in on using tonnes of steel

India will continue to be a net importer of steel for at least the next two years as high-grade products from South Korea and Japan flow in tax free amid…

Zim economy’s inflation poser

Clive Mphambela “We all know that inflation is an evil thing, but when it runs its course unplanned it brings certain natural correctives. Today, these correctives have not been allowed…

Liquid Telecoms expands to South Sudan

Business Writer Leading Pan-African telecommunications group, Liquid Telecom, says it will soon implement and operate South Sudan’s first fibre broadband network, which will be operational before the end of the…

Monopolies, cartels: Pursuit of greater good

Alfred M. Mthimkhulu Come, let us reason together. What shall we say about these monopolies and cartels we hear of? Should we loathe them, love them or should we even…

Success not cast in concrete for PPC

Roland van Wijnen, the highly regarded incoming CEO of cement group PPC, could be in for four years of hard grind. PPC announced the appointment of Van Wijnen — a former…

The case of raw materials

Clifford Sambare The issue of raw materials is topical among industrialists and even the general public in Zimbabwe these days. As a result, through this article, I have decided to…

CFI six month profit surges

Enacy Mapakame Agro-industrials entity CFI Holdings Limited profit for the six months to March 31, 2019 surged 243 percent to $7,29 million compared to $2,12 million recorded during the comparative…

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