Pensions inquiry complete, report with the President – IPEC

HARARE – Pensioners and insurance  holders who lost their benefits during conversion from the defunct  Zimbabwean dollar to the United States dollar in 2009 by insurance  companies are guaranteed compensation…

Global stocks firm, dollar dips before big week for central banks

LONDON – Global stocks notched further gains on Monday and the dollar stayed on the back foot, as investors bet the new head of the U.S. Federal Reserve will steer…

Rand steady at three-year high ahead of busy week

The rand was stable against major global currencies shortly before midday on Monday, amid risk-on global trade and continued positive sentiment towards SA.

All Share Index opens week on the red

HARARE – The ZSE’s All Share index opened the week lower at 87.85 after losing 0.44 points as SeedCo came off $0, 0492 to close at $1, 9008 and AFDIS…

Efforts to get South Africa’s economy moving are no more than a patch up job

By Owen Skae Its obvious that the South African government approached the 2018 budget from an extremely tight spot and with limited options. The country has been staring at the…

Asian stocks gain, dollar extends recovery

TOKYO – Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the…

ZCDC yet to pay DTZ-OZGEO creditors

Tawanda Musarurwa HARARE – The Zimbabwe Consolidated Diamond Company (ZCDC) is yet to fulfill its pledge to pay former diamond firm DTZ-OZGEO.

Zim conducts first diamond sale

HARARE – Zimbabwe has resumed diamond  sales, a year after they were suspended to allow the new sole miner to  put in place effective security, control and marketing systems, a…

Govt dismisses Zimparks board

HARARE – Government has, with immediate  effect, dissolved the Zimbabwe Parks and Wildlife Management Authority  board for failing to uphold  good corporate governance principles.

Local bourse ends week on a low

HARARE – The Zimbabwe Stock Exchange’s All Share index came down a further 0.22 points to settle at 88.29 as insurance giant Old Mutual shed $0, 1000 to close at…

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