Zim firm secures multi-million dollar deals in China

BEIJING – A local agricultural equipment  supply firm, Platinum Agriculture, has signed agreements with various  Chinese companies for the provision of farming and mining equipment and  agro-chemicals to famers and…

Chinese construction giant puts Zim on its radar

BEIJING  – Chinese conglomerate, China  Communications Construction Company (CCCC) on Tuesday said it had put  together a comprehensive package plan for infrastructure projects in  Zimbabwe.

NSSA’s bank stuck in the red, delivers housing units

HARARE – The National Building Society (NBS) posted a loss for the second year running since its establishment  in 2016 but is optimistic of turning around its fortunes by the…

Bonds stable as investor focus turns offshore

South African government bonds were little changed on Tuesday morning, stable after the Easter long weekend, and with few major catalysts driving the market.

Silicon Valley, Wall Street taking notes on Spotify debut

NEW YORK – Spotify Technology SA’s unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but…

Explainer: what happens when a bank is put into curatorship

By Jannie Rossouw The South African Reserve Bank has placed a small bank – VBS Mutual Bank – under curatorship. The decision was based on concerns that the bank was…

ZimTrade, China Council for the Promotion of International Trade sign pact

Business Reporter The country’s trade promotion body, ZimTrade and the China Council for the Promotion of International Trade have signed a Memorandum of Understanding (MoU), which will enhance trade and…

RioZim gold output up 31pc

Enacy Mapakame HARARE – Listed resources group, RioZim Limited’s gold production of the year to December 31, 2017 increased 31 percent to 2, 1 tonnes on the back of increased…

Parastatal forced to arrange quick $30m loan . . . Minister bungles management system tender

Tinashe Makichi The Civil Aviation Authority of Zimbabwe is in negotiations for a $33 million syndicated loan through Standard Chartered Bank of Zimbabwe as a last gap measure to set…

Waiting for the front of the line

With the Easter crowds, we take a look at the method and madness behind the venerable institution of queuing

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