Mozambique wants enhanced economic relations with Zimbabwe

HARARE – Mozambique is eager to escalate economic relations between Harare and Maputo and has identified the  transport sector as a crucial enabler to the envisaged co-operation. Mozambique is a…

Strong performance at Mogalakwena boosts Amplats production

Anglo American Platinum notched up increased output in the first quarter of the year, with a standout performance from the best platinum mine in SA, the opencast Mogalakwena operation.

Euro pinned at two-month lows as U.S. yields weigh

LONDON – The euro fell to a two-month low on Tuesday as concerns that rising U.S. Treasury yields would push the currency to break below a range it has been stuck within…

Equities market keeps positive momentum

HARARE – The Zimbabwe Stock Exchange’s All Share index opened the week on a higher note after adding 0.30 points to close at 95.74 as heavyweight counters’ bullish trend continued…

FML to buy out NicozDiamond minorities

BH24 Reporter HARARE – First Mutual Holdings Limited (FMHL) has made offer to buy out the remaining minority shareholders of NicozDiamond Insurance Limited following acquiring 80,92 percent of the latter’s…

World Stocks stumble as U.S. yields near 3 percent

LONDON – World stocks slipped on Monday as investors braced for a blizzard of earnings from the world’s largest firms, while keeping a wary eye on U.S. bond yields as they approach…

Rand slips to three-month low as dollar bounces

The rand was much weaker on Monday morning, touching R12.25/$ for the first time since mid-January before Cyril Ramaphosa was sworn in as head of state.

Quton releases new hybrid cotton seed

Sifelani Tsiko HARARE – Zimbabwe’s major cotton seed producer Quton has released new cotton hybrid seeds with a higher yield potential compared to current non-hybrid varieties in a move which…

New hotel, conference centre construction for Vic Falls by mid-year: Minister

HARARE – Zimbabwe’s world renowned resort, the Victoria Falls will soon boast of a new five star hotel and a conference centre whose construction is set to begin by mid-year,…

Zim in $317m trade imbalance in March – Zimstat

HARARE – Zimbabwe imported more goods than it exported in the month of March 2018, incurring a trade deficit of $317 million, latest figures from the country’s statistics agency show.

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