Asian shares jolted by grim Chinese data, growth risks
TOKYO – Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a slowdown in the world’s second-biggest economy and leaving investors fretting…
Foreign direct investment in South Africa down in Q3, portfolio flows up
PRETORIA – South Africa’s foreign direct investment inflows fell by nearly 3 billion rand ($209.6 million) in the third quarter, the central bank said on Friday in its quarterly bulletin,…
Zimbabwean youth dependent till 30 – Report
HARARE – Zimbabwean youth on average remain dependent on parents until the age of 30 compared to 25 years in most countries as a result of a combination of lack…
SECZ eyes global capital markets body
Enacy Mapakame & Princess Ncube HARARE – The Securities and Exchange Commission of Zimbabwe (SECZ) is pressing on with its quest to join the International Organisation of Securities Commissions (IOSCO)…
Zimbabwe mining minister invites De Beers, Vast Resources to return
HARARE/LONDON – De Beers and Vast Resources will be allowed to explore for diamonds in Zimbabwe, which would make them the first listed companies to mine there in that sector…
Zim mulls law for pension compensation
. . To compel additional pay-outs by pension funds, insurers . . . Compensation based on assets that survived hyperinflation Martin Kadzere Zimbabwe’s insurance and pensions regulator is working on…
ZPC loses $25m contract lawsuit
Golden Sibanda The Zimbabwe Power Company (ZPC) has lost a High Court case in which local private firm, Intratrek Zimbabwe, had sought an order declaring a multi-million dollar contract signed…
ED tackles economy at Indaba
Africa Moyo President Mnangagwa is expected to officially open the 17th ZANU-PF Annual People’s Conference today, amid high hopes that his address will focus on the challenges bedevilling the economy…
Govt budgets $1bn for infrastructure projects
Africa Moyo Government has budgeted $1,044 billion to develop infrastructure, principally targeting key economic enablers such as energy, roads and information communication technology.
Choppies targets more stores . . . Supermarket chain seeks to doubling Zim shops . . . Insists Mphoko not majority shareholder
Business Writer Retailer, Choppies, is looking at nearly doubling its stores in Zimbabwe on the back of anticipated economic “boom” in the short to medium term, an official has said.










