JV partners eye Allied Timbers

To inject $30m in fresh capital Rebuild 70pc of lost capacity

Switzerland charmed by new dispensation

HARARE – Switzerland is impressed by  steps that Zimbabwe has taken so far to re-engage the global community  and promises it has made to undertake economic reforms, but should  follow…

Fastjet achieve 91pc Zim & network OTP

BH24 Reporter HARARE – Low cost airliner Fastjet Zimbabwe realised a 91 percent on-time performance in Zimbabwe last month, matching its network-wide performance. The airliner achieved this between Harare and Victoria Falls, Harare…

Low value brands drive BAT Zim

Enacy Mapakame HARARE – Cigarette manufacturer British American Tobacco Zimbabwe (BAT) says its low value brands experienced a 460 percent growth during the year ending December 31 2017, compared to…

South Africa rand softer, bonds extend gains after budget

JOHANNESBURG – South Africa’s rand was slightly weaker on Thursday against the dollar, which was lifted by higher Treasury yields, while bonds extended gains made in the previous session after…

How General Electric gambled on fossil fuel power, and lost

NEW YORK – Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power…

Posiflex re-launches in Zimbabwe

BH24 Reporter HARARE – Point-of-sale (POS) devices manufacturer Posiflex is set to re-launch its POS Hardware Solutions division in Zimbabwe. Posiflex is recognized as the leader in fan-free technology for terminals…

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 future…

Agric Minister credits tobacco sector

Elita Chikwati HARARE – Minister of Land, Agriculture and Rural Resettlement Air chief marshal Perrance Shiri has paid tribute to the tobacco industry for its contribution in boosting production of…

Gold price drops most since December 2016

By Frik Els Volatility has not only returned to equity markets.

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