Tech stocks on a tear as FAANGs and BATTS bite

LONDON – World tech stocks hit a record high on Tuesday, spurred on by a new all-time peak for Apple, a 17-year top for European tech firms and news that…

South Africa’s business confidence index eases again in May

JOHANNESBURG – South Africa’s business confidence fell for a fourth month in a row in May, mainly due to a slide in trade activity and higher consumer inflation following a…

SA economy shrinks 2.2%, worst showing in nine years

South Africa’s economy shrank by a shock 2.2 percent in the first quarter of 2018 compared with the final quarter of last year – with the surprisingly poor performance due…

South Africa’s business confidence index eases again in May

JOHANNESBURG – South Africa’s business confidence fell for a fourth month in a row in May, mainly due to a slide in trade activity and higher consumer inflation following a…

Ginnery accused of side marketing Govt contracted cotton

HARARE – Local ginning company Alliance  Ginneries on Tuesday failed to provide Parliament with evidence that it  contracted farmers to grow cotton and yet it was on the ground buying  the crop…

Local bourse opens higher

The Zimbabwe Stock Exchange’s All Share index closed higher at 112.11 after gaining 2.12 points (or 1, 93 percent) on the back of strong performance in heavy weight counters.

Zimbabwe can attract tourists again

Livingston Marufu With the global media awash with Zimbabwe reports since the ouster of former President Mugabe in November last year, the new administration can now capitalise on that positive…

Towards paperless banking systems

Enacy Mapakame Zimbabwean banks have accelerated the switch to paperless transactions, but the rural people risk being left behind due to digital divide.

How mining firms can raise capital

Panashe Sachikonye While giving his address at the Chamber of Mines Zimbabwe conference in Victoria Falls recently, Mines and Mining Development Minister Winston Chitando, stated that most mining companies have…

‘Honeymoon over for mining speculators’

Golden Sibanda It was good while it lasted, but Government will have none of it, not anymore. The honeymoon is over for speculators on mining ground. And it had to…

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