Zim 2017 refined platinum output declines 9pc

Tawanda Musarurwa HARARE – Zimbabwe’s refined platinum production for 2017 declined by 9 percent to 445 000 ounces (oz), latest World Platinum Council Investment Council (WPIC) figures show.

Three reasons why Africa should treat Tillerson visit with scepticism

By John J Stremlau US President Donald Trump promised in late January that his Secretary of State Rex Tillerson would make an “extended” visit to Africa in March. In a…

South Korea to offer $225 million loan to ease hit from GM fallout, corp restructuring

SEOUL – South Korea announced on Thursday that it would offer about 240 billion won ($224.72 million) in loan guarantees and low-interest loans to regions hit by corporate restructuring, including the area…

SA: Standard Bank’s earnings growth puts it in first place among big four

Standard Bank came first out of the big four in terms of growing dividends and earnings in 2017.

Diamond sector wants scrapping of indigenisation law

HARARE – The Zimbabwean Government has been urged to scrap the indigenisation requirement for investments made in the diamond mining industry as its continued application could make it difficult for…

Tobacco growers to get US$300 cash daily

BH24 Reporter HARARE – The Reserve Bank of Zimbabwe (RBZ) has engaged banks to give tobacco farmers US$300 daily at the auction floors.

Chimata gets positive indications on Kamativi Lithium Tailings

Tawanda Musarurwa HARARE – Toronto Stock Exchange-listed Chimata Gold Corporation Chimata Gold Corporation says a provisional technical report on the Kamativi Lithium Tailings has shown significant lithium deposit volumes.

Econet taps into Artificial Intelligence

BH24 Reporter HARARE – Telecommunications firm Econet Wireless Zimbabwe has taken the lead in the use of artificial intelligence (AI) to manage its customer services support in a move set…

Bourse in third loss for the week

HARARE – The Zimbabwe Stock Exchange’s All-Share index shed 0.06 points to close at 86.64 as spirits-maker AFDIS eased $0, 0300 to end at $1, 4500, Lafarge slipped by $0,…

Non-interest income drives MBCA FY 2017 profit

HARARE – MBCA Bank said on Tuesday it  recorded a 40 percent jump in after tax profit to $7.9 million for the  full year ended December 2017 on the back of a…

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