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…
Data ethics is more than just what we do with data, it’s also about who’s doing it
By James Arvanitakis, Andrew Francis & Oliver Obst If the recent Cambridge Analytica data scandal has taught us anything, it’s that the ethical cultures of our largest tech firms need…
Bears prowl world markets, maul Chinese stocks as trade tensions simmer
LONDON – A 2 percent slide in Chinese equities on Wednesday and a fresh weakening in the yuan highlighted mounting stress on the world’s number two economy from trade tensions with the…
Rand feels squeeze amid poor sentiment towards emerging markets
The rand lost more ground in mid-morning trade on Wednesday, suggesting an element of foreign selling of local assets.
General Beltings’ revenue up 23pc
Enacy Mapakame HARARE – The country’s leading manufacturer of conveyor belts – General Beltings Holdings’ revenue for the five months to May 2018 grew 23 percent on increased volumes across…
Zim subsidiary drives Omnia Holdings
Musarurwa— HARARE – Increased revenues for Omnia Fertilizer Zimbabwe in the year to March 31, 2018 helped boost the South African-headquartered group’s profitability.
Zim firms eye $3m deals after DRC Expo
BH24 Correspondent HARARE – The Democratic Republic of Congo (DRC) Mining Week kick-started negotiations for nearly $3 million worth of business deals for Zimbabwean mining and mining inputs companies.
Domestic sugar sales jump 11pc to 334k tons
Enacy Mapakame HARARE – Sugar industry sales on the domestic market increased 11 percent to 334 000 tons in the year to 31 March 2018 from 301 000 tons in…











