U.S. security panel deals major blow to Broadcom’s bid for Qualcomm

The U.S. government has ordered a national security review of Singapore-based Broadcom Ltd’s $117 billion bid for Qualcomm Inc, in an unusual move that prompted Qualcomm to delay its March…

Huge pension fund deficits are a global crisis in waiting

By Ania Zalewska In the past decade, the banking industry has been a central focus of attention for regulators, academics and the general public. The 2007-08 financial crisis led to new…

Bonds marginally firmer as rand finds support

Local government bonds were marginally firmer on Tuesday morning, tracking overnight gains in the rand, as investors waited for a series of risk events later in the week.

RioZim moves to exploit its claims in the Sese area

HARARE – Resources firm RioZim intends to  invest up to $25 million to explore and develop its diamond claims in  the Sese communal lands in Chivi, Masvingo province, a senior…

Vast Resources appoints Zim country manager

BH24 Reporter HARARE – AIM-listed mining group, Vast Resources Plc has announced the appointment of Will Maberly as the country manager for Zimbabwe.

What constitutes ‘normal’ market fluctuations?

Tawanda Musarurwa HARARE – With the local equities market experiencing a bit of a bearish trend in February 2018, an important question is ‘how normal is this’?

China keeps growth target at 6.5 percent, stays focused on financial risks

BEIJING – China aims to expand its economy by around 6.5 percent this year, the same as in 2017, while pressing ahead with its campaign to reduce risks in the…

Why South Africa needs formal rules for class action lawsuits

By Theo Broodryk What do Ford, AngloGold Ashanti, Gold Fields and Tiger Brands have in common? They are just a few of the well-known companies in South Africa facing class…

Chips Enterprise leverages on new procurement process

BH24 Reporter HARARE – With the Public Procurement and Disposal of Public Assets Act having come into effect in January 2017, Chips Enterprise Solutions recently demonstrated to Sage Evolution software…

Zim 2018 tobacco selling season to start late, says regulator

HARARE – Zimbabwe’s 2018 tobacco selling season is set to begin around April, two months late compared to the  aditional February opening because the crop is not yet ripe, the …

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