European shares rise as NAFTA deal hopes lift sentiment

LONDON – European shares rose cautiously early on Monday as optimism on the trade war front was lifted by a new U.S.-Mexico-Canada agreement, which is helping world markets enter the…

Govt relaxes stance on Beitbridge road

Africa Moyo Government has relaxed its previous position to have the entire 585km Harare-Beitbridge Highway dualised, amid indications that it is open to having contractors partially dualise and widen the…

TBs pile pressure on banks

Golden Sibanda The Government has issued a staggering $8 billion in Treasury Bills (TBs) since dollarisation in 2009 to fund its expenditure gaps, but this has inadvertently driven money supply…

Strong US$ not necessarily a problem for Zim

Kudzanai Sharara The United States central bank, the Federal Reserve, this week put up interest rates by 25 basis points to a new range of 2 to 2,25 percent, a…

‘Zim will be among fastest growing global economies’

Golden Sibanda Zimbabwe will be among the six fastest growing economies in the world over the next two years, along with five other fellow African economies, on the back of…

Blocked funds may ruin foreign flights into Zim

Kudzanai Sharara and Golden Sibanda Zimbabwe risks reversing gains it had registered towards destination accessibility, through its Open Skies policy, as it emerged this week some foreign airlines were contemplating…

RTG reverses prior year losses to $1,1m PBT

Enacy Mapakame Hospitality group, Rainbow Tourism Group (RTG) swung back to profitability after its profit before tax jumped 364 percent to $1,1 million for the six months to June 30,…

EcoFarmer addresses farmers’ needs

It was once said that at some point technology will come to a halt when there is nothing new to invent. But with Econet Wireless Zimbabwe that statement does not…

A to-do list for Industry and Commerce Minister

Kudzanai Sharara Zimbabwe’s new Cabinet sat for the first time this week and each portfolio minister should now identify a minimum of five quick-win and high impact projects in order…

Wanted: A solution to currency crisis

Taking Stock Kudzanai Sharara The latest decision by the US Federal Reserve to hike interest rates by 25 basis points to a new range of 2 to 2,25 percent comes…

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