Oil sinks further as OPEC and Russia look to raise output
LONDON – Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains show no signs of slowing.
South Africa’s strike rate isn’t as bad as it’s made out to be
By Carin Runciman South Africa’s parliament is currently debating amendments to the Labour Relations Act that will change how workers can go on strike. For example, the amendments would require trade…
Equities in the red
HARARE – The local bourse’s All Share index opened the week lower at 105.05 after losing 0.22 points as Hippo Valley led the losers with a $0, 2300 loss to…
Hwange MD resigns
Tawanda Musarurwa HARARE – Suspended Hwange Colliery Company Limited (HCCL) managing director, Engineer Thomas Makore has resigned.
It’s time to make money — ED
The following interview with President Emmerson Mnangagwa was done by The Africa Report journalists Patrick Smith and Nicholas Norbrook in Abidjan recently when the President attended the Africa CEOs forum.…
Fuel price poser for industry
Africa Moyo Government says manufacturers should continuously review their production costs so as to remain competitive, both locally and globally.
Zimplow Q1 performance ahead of last year
Enacy Mapakame Business Writer Agriculture and mining implements manufacturer, Zimplow’s revenue for the four months to April 2018 increased by 25 percent over the same period last year, driven by…
OK reports record revenues
Kudzanai Sharara A combination of factors saw one of Zimbabwe’s retail giants, OK Zimbabwe, report its best financial performance since dollarisation with both revenue and profit reaching record levels.
‘Illicit cigarettes threaten local industry’
Kudzanai Sharara The rising volume of illicit cigarettes in Zimbabwe poses a potentially significant threat to the local industry and Government coffers if it is not curbed, British American Tobacco…
CBZ’s diversification strategy pays off
Tawanda Musarurwa Zimbabwe’s largest financial institution, CBZ Holdings’ seems to be hitting all the right notes with its diversified financial services as first quarter numbers reflect have risen significantly.









