Bourse extends gains

HARARE – The local bourse’s All Share index added 0.36 points to close at 118.69 as Old Mutual gained $0.3866 to close at $6.4786, while RioZim was up $0.0500 to…

Prolight Harare-Lusaka tickets go live

HARARE – Tickets for Proflight Zambia’s new route between Harare and Lusaka are now on sale, ahead of the launch of the service on July 9, 2018. The airline will fly…

‘Infrastructure deficits scaring investors’

HARARE – Key infrastructure deficits in the country’s city centres have deterred investment from coming into the Central Business Districts (CBD) as investors shy away from the “decay”, experts have…

Zesa requires $35m for thermal power stations

HARARE – The Zimbabwe Electricity Supply Authority (Zesa) requires over $35 million for machine overhaul in its thermal power stations to improve output and efficiency. This comes after the country…

Zimbabwe Special Economic Zones Authority appoints CEO

HARARE – The Zimbabwe Special Economic Zones Authority (ZimSEZA) has appointed its first chief executive officer, Mr Edwin Kondo. Said ZimSEZA chairman Dr Gideon Gono on the development: Following the…

Govt targets 225 000 tonnes of wheat output

Zimbabwe’s winter wheat output is expected to beat the 200 000 metric tonne mark despite a 31 percent slump in hectarage, to reach 225 000 toones, a top Government official…

Zim to continue refining investment climate: ED

HARARE – The Zimbabwe government will  continue reforming the investment climate by putting in place investor  friendly policies as efforts to attract foreign direct investment  intensify, President Emmerson Mnangagwa said on…

Trump could be using advanced game theory negotiating techniques – or he’s hopelessly adrift By Charles Hankla

The latest G-7 summit, held June 8 to 9 in Quebec, was one of the most contentious in years. That’s because Donald Trump and his counterparts from six other industrialized…

Stocks, dollar rise as Trump, Kim sign ‘comprehensive’ document at landmark summit

SYDNEY – The dollar hovered near 3-week highs on Tuesday and Asian shares gained as U.S. President Donald Trump and North Korean leader Kim Jong Un signed a ‘comprehensive’ deal at a…

Rand stable as markets watch Donald Trump and Kim Jong-Un

The rand was flat against major global currencies on Tuesday morning, with foreign exchange markets in general showing little direction, as investors waited for fresh catalysts.

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