Barclays Bank Zim H1 profit up 43pc

Enacy Mapakame HARARE – Barclays Bank of Zimbabwe Limited profit for the half year to June 30, 2018 jumped 43 percent to $13,6 million from $9,5 million as interest income…

Old Mutual boots H1 profitability

BH24 Reporter HARARE – Old Mutual Zimbabwe posted an operating profit of $34, 3 million, a jump of 27 percent for the six months period to June 30, 2018.

Cigar tobacco output hits 24 500kgs

Sibongile Maruta HARARE – Zimbabwe’s cigar wrapper tobacco crop has continued to be popular with farmers with 24 500 kilogrammes having been produced during the 2018 marketing season.

Tobacco farmers gross $729 million

Chipo Sabeta HARARE – Tobacco farmers have grossed $728, 7 million from 249,1 million kilogrammes that have been delivered 100 days into the 2018 marketing season.

Capital raise for RHA Tungsten Mine

Tawanda Musarurwa HARARE – Zimbabwe-focused diversified mining group Premier African Minerals is looking to raise £750 000 for its RHA Tungsten operation in Zimbabwe. The placement was made last week on the…

ZIMRA opens offices in Marondera

Victor Maphosa BH24 Correspondent MARONDERA – The Zimbabwe Revenue Authority (ZIMRA) yesterday opened their offices in Marondera to smoothen their operations in Mashonaland East Province, an official has said.

President Mnangagwa says Zim unfazed by US sanctions

WINDHOEK – President Emmerson Mnangagwa on  Saturday said his government would not be hindered by sanctions imposed  on the country by the United States of America.

Why South Africa needs to discipline the private healthcare industry

Steven Friedman If a service is provided by a company rather than government, this does not automatically mean a market is at work. The point is fairly obvious but has…

Asia shares nudge up with yuan, wary on Sino-U.S. talks

SYDNEY – Most Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from alarming lows.

AngloGold swings back into H1 profit

JOHANNESBURG (Reuters) – AngloGold Ashanti swung back into a first-half profit on the back of higher production and lower-than-expected retrenchment costs, Africa’s top gold producer said on Monday.

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