Rand faces key test as focus turns to the budget

The rand was stable on Wednesday morning ahead of the budget, which could temper positive momentum generated by the recent local political transition, which ushered in Cyril Ramaphosa as head of state.

Kwesé acquires “significant” stake in iflix

BH24 Reporter HARARE – Econet Media’s pan-African subscription television service provider Kwesé has acquired a significant stake in iflix.

Rand loses more ground as dollar recovers

The rand was on slippery slope on Tuesday morning, partly due to a broad-based recovery in the dollar, which has been volatile since the start of the year.

Ministry capacitates farmers on fall armyworm

Elita Chikwati HARARE – The Ministry of Lands, Agriculture and Rural Resettlement is training peri-urban farmers in Harare on the identification and control of the fall armyworm, a pest that…

What needs to be done to give Africa’s smallholder farmers access to machinery

By Thomas Daum & Regina Birner Mechanisation of agricultural has become a priority across many African countries as the continent gears up to exploit its well recognised potential to become the…

Unki in record PGM output

Tawanda Musarurwa HARARE – Local platinum producer, Unki Mine produced a record 165 900 platinum group metals (PGM) ounces, up 2 percent from the 162 000 ounces recorded in FY2016.

Local bourse back in the black

HARARE – The ZSE’s All Share index rebounded 0.28 points to settle at 88.72 as four counters gained ground. SeedCo led the risers, adding $0, 0486 to close at $1,…

Oil markets mixed as U.S crude, Brent move in opposite directions

SINGAPORE – Oil markets were split on Tuesday, with U.S. crude still carrying momentum from Friday’s gains due to a holiday on Monday while international Brent prices eased. U.S. West Texas Intermediate (WTI) crude futures…

Zimplow profit jumps 236pc

BH24 Reporter HARARE – Agricultural implements manufacturer Zimplow Ltd has bounced back from a FY2016 loss to record after-tax-profit of $3, 4 million for the year to December 31, 2017.

Zim to host mining conference next week, targets fresh investment

HARARE – Zimbabwe will ext week host a mining conference in which over 20 countries have shown interest to participate, a cabinet Minister said on Monday.

×