Drone regulation necessary to democratise the sky

The future of the skies is being defined this week in Zurich, Switzerland, as the most progressive government and industry leaders dedicate themselves to advancing autonomous aviation, through community engagement,…

How did the economy perform in first half of 2018?

Clive Mphambela Seven months following the establishment of the new Government, and 26 weeks after the Minister of Finance, Hon Patrick Chinamasa unveiled an ambitious 2018 budget that received mixed…

Externalisation amnesty instils market discipline

Martin Kadzere The amnesty granted to companies and individuals who illegally kept money abroad has resulted in high levels of compliance, two senior government officials have said.

Stock Market Weekly Review

Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) widened its loss gap after losing a further 9 percent in the week to Wednesday on weak sentiment.

BNC posts $5, 8m profit

HARARE – Listed nickel producer Bindura Nickel Corporation (BNC) registered a profit after tax for the year to March 2018 of $5, 8 million, up 857 percent from the prior…

Zim subsidiary drives Omnia Holdings

HARARE – Increased revenues for Omnia Fertilizer Zimbabwe in the year to March 31, 2018 helped boost the South African-headquartered group’s profitability. Omnia Holdings is a chemicals and fertiliser manufacturer.…

Gold mining the least polluting in the metals sector — WGC

 By Cecilia Jamasmie While gold production generates more greenhouse (GHG) emissions per tonne of finished product than many other bulk metals, the relatively small volumes produced each year mean total…

Trade war fears grip stocks, dollar drives higher

 LONDON – Pressure on world shares from a U.S.-driven trade dispute mounted on Thursday, as a fast-charging dollar and a jump in oil prices also cranked up the pain in emerging…

Rand sidles up to R14/$, the worst level since late November

The rand weakened to within a hair’s breadth of the symbolic R14/$, putting it on track for its worst quarterly performance since 2011.

Cottco engages 400 000 farmers

Tawanda Mangoma CHIREDZI – The Cotton Company of Zimbabwe (Cottco) has this season engaged 400 000 farmers as the company redirects its effort to improving the yield potential of every…

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