Bill allowing U.S. to sue OPEC drawing renewed interest
NEW YORK/DUBAI – With oil prices hitting fresh four-year highs, long-dormant proposals to allow the United States to sue OPEC nations are getting a fresh look in Congress, though they…
South Africa’s rand remains under pressure
JOHANNESBURG – South Africa’s rand retreated early on Tuesday, and local bonds fell amid subdued risk appetite. The rand was 0.49 percent weaker at 14.2950 per dollar at 0645 GMT,…
Zim mining projects to list on JSE, AIM
Tawanda Musarurwa HARARE – Financial Markets Indaba has embarked on a program to promote Zimbabwe-based mining projects to list on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange Alternative…
Lafarge FY operating profit dips
Michael Tome HARARE – Cement manufacturer Lafarge Cement Zimbabwe Limited’s operating profit shrunk by 50, 8 percent to $914 454 for the year to June 30, 2018 from the $1,…
Zimpapers PAT up 41pc
Tawanda Musarurwa HARARE – Listed diversified media group Zimbabwe Newspapers (1980) Limited’s profit after tax for the six months to June 30, 2018 rose 41 percent to $1, 6 million…
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…











