Insurance sector takes a hit on profits
Tawanda Musarurwa HARARE – Zimbabwe’s life assurance companies’ profitability dipped 56 percent in 2017 to 55, 9 million from $127, 33 million in the prior year, latest regulator figures show.
Bourse’s bullish trend continues
HARARE – The Zimbabwe Stock Exchange’s All Share index’s bullish trend continued at it ended 0.38 points higher at 104.25 on the back of heavyweight gains.
Zim’s annual inflation marginally up to 2.71pc
HARARE – Zimbabwe’s annual inflation gained three percentage points to 2, 71 percent in April, the country’s statistical agency said on Tuesday.
Pickstone-Peerless’s Q1 production rises
BH24 Reporter HARARE – Chegutu-based gold producer, Pickstone-Peerless Gold Mine’s first quarter gold output rose 4 percent to 6 326 ounces, from 6 057 ounces in the previous quarter. Parent company, Vast…
All Share Index up again
HARARE – The ZSE’s All Share index opened the week on a higher note after adding 0.63 points to close at 103.87 as Old Mutual traded $0, 1893 higher at…
Blanket Gold Mine Q1 output flat
Tawanda Musarurwa HARARE – Gwanda-based gold producer Blanket Mine recorded a 1 percent production gain to 12 924 ounces for the first quarter of 2018, although the parent company maintains the…
MEFMI pushes for effective domestic financial markets
BH24 Reporter HARARE – The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) has brought together various experts from the region to discuss legal and regulatory issues…
Zimpost extends digital footprint
HARARE – Zimpost has announced the launch of two new digitalised services – the Virtual Post Office and the Zimpost mall.
Rand stabilises at relatively stronger levels, taking its cue from global markets
The rand hovered near a three-week high to the dollar on Monday morning, leveraging off a supportive global backdrop.
HSBC says performs first trade finance deal using single blockchain system
HONG KONG – HSBC Holdings Plc said on Monday it has performed the world’s first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar…










