Zim tobacco sales reach $40m
HARARE – More than 14 million kilograms of tobacco worth $40 million have been sold so far at auction and contract floors in the country since the marketing season opened…
Bonds steady as investors watch Middle East and US inflation
South African government bonds were little changed on Wednesday morning, with the rand likewise stable, as much investor focus remained on foreign developments.
Federal Reserve proposes new capital rules for Wall Street
WASHINGTON – The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic…
Equities market extend gains
HARARE – The Zimbabwe Stock Exchange’s All Share index gained a further 0.60 points to settle at 88.44 in trading dominated with movers.
TSL disposes Nampak stake for $15m
HARARE – TSL Limited says it has finally disposed of its 16.53 percent stake in listed packaging firm, Nampak Zimbabwe to an unnamed investor for $15 million.
CFI gets more time
HARARE – The Zimbabwe Stock Exchange has extended the suspension of CFI Holdings to the beginning of next month in a move aimed to give the bourse time to investigate…
Agriculture companies should target Botswana: ZimTrade
HARARE – The country’s trade promotion body, ZimTrade says local manufacturers need to start exploiting the Botswana market with agriculture implements to boost their export earnings and the economic fortunes.
Oil prices rise by more than 1 percent on hopes U.S. trade spat with China may ease
SINGAPORE – Oil markets rose by more than 1 percent on Tuesday, extending strong gains from the previous session, on hopes a trade dispute between the United States and China may…
Edcon could close flagship Edgars store
Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer.
Ecobank mobile app transactions hit $1bn
BH24 Reporter HARARE – Ecobank’s mobile application has processed 9 million transactions worth over $1 billion since launch less than 18 months ago.








