Old Mutual Zim relists on ZSE

Tawanda Musarurwa HARARE – Old Mutual Zimbabwe is being listed on the Zimbabwe Stock Exchange (ZSE) as a part of a broader group strategy to focus its business in Africa.

It’s time to lift the ideological haze in debates about Africa’s middle class By Henning Melber

The middle classes in the Global South gained growing attention since the turn of the century, mainly through their rapid ascendancy in the Asian emerging economies. A side effect of…

Dollar holds near 1-week lows as trade war concerns rise

LONDON – The dollar held near a one-week low against a basket of currencies on Tuesday as investors retreated to the sidelines while concerns grew about an intensifying conflict between the United…

Rand edges weaker in early trade

 JOHANNESBURG – South Africa’s rand edged weaker early on Tuesday following a brief recovery overnight as an ongoing trade spat between China and the United States weighed.

CAAZ lines up multi-million airport upgrades, says new airlines coming

HARARE – The Civil Aviation Authority of  Zimbabwe (CAAZ) has lined up multi-million dollar upgrade of airports  across the country to almost double the existing annual passenger  handling capacity, an…

Zim agriculture sector well subsidized: Chinamasa

Tawanda Musarurwa HARARE – Zimbabwe’s agricultural sector is highly subsidized in terms of the Government-lead initiatives that have been put in place in order to boost its performance and contribution to…

Life assurance sector assets rise to $2,5bn

Enacy Mapakame HARARE – Assets in the life insurance industry have grown by 68 percent to $2,52 billion in the past four years to 2017, thanks to a bull run…

The secret information hidden in your hair

 By Richard Paul Your hair can say a lot about you. It doesn’t just give people clues about your personality or your taste in music. It can also record evidence…

Oil drops after OPEC+ output deal, but markets to stay tight

LONDON – Brent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its…

Rand’s recovery hits snag as global sentiment sours

 The recovery in the value of the rand hit a snag on Monday morning, with the apparent re-emergence of global trade concerns serving as an excuse for market players to shy away…

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