Natfoods revenue slides 10pc

HARARE – Listed agri-industrial concern, National Foods Holdings Limited’s revenue for the six months to December 30, 2017 slumped 10 percent to $147 million compared to $164 million achieved in…

All Share Index extends losses

HARARE – The Zimbabwe Stock Exchange’s All Share index lost a further 0.06 points (or 0, 07 percent) to close at 86.16 as four counters lost ground. Meikles led the…

South Africa’s economy is badly skewed to the big guys: how it can be changed

By Simon Roberts The South African economy looks uncomfortably the same to the one inherited when the country transitioned from apartheid to democracy in 1994. Which is why it’s time…

Zim affiliates of Deloitte & Touche and KPMG, other foreign affiliates charged

BH24 Reporter WASHINGTON/HARARE – The Securities and Exchange Commission (USA) has charged the Zimbabwe affiliates of Deloitte & Touche and KPMG, as well as the Canada affiliate of BDO and…

Zim economic revival reliant on policy implementation, re-engagement

HARARE – The African Development Bank (AfDB) said on Tuesday Zimbabwe could this year achieve higher than  projected growth on the back of positive sentiment following the  takeover of a new administration…

Rand gains as dollar wobbles on tame US inflation and politics

The rand perked up a little on Wednesday morning, taking direction from overseas markets where the dollar was shaky following tame US inflation figures, which put the markets at ease about the…

Renewed trade war fears pummel world shares, dollar

LONDON – World shares slipped for the second straight day and the dollar held near one-week lows after U.S. President Donald Trump’s threats to slap $60 billion in tariffs on…

‘Trade wars are good’? 3 past conflicts tell a very different story

By Marc-William Palen President Donald Trump renewed fears of a global trade war after he vowed to slap steep tariffs on foreign aluminum and steel.

Equities back in the red

HARARE – The Zimbabwe Stock Exchange’s All Share index retreated 0.28 points to close at 86.22 as Simbisa shed $0, 0590 to trade at $0, 3300, while BAT Zimbabwe was…

Perm sec says former Agric Minister Made made decisions alone

HARARE – Lands, Agriculture and Rural  Resettlement secretary Ringson Chitsiko on Tuesday disowned the  appointment of two Grain Marketing Board members as caretaker managers  of the state entity for 18 months when…

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