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- businessweekly
- February 15, 2018
- 346 views
Bourse back in the red
HARARE – The local bourse’s All Share index shed 0.77 points (or 0, 86 percent) to end at 88.76 as five counters lost ground.
- businessweekly
- February 15, 2018
- 318 views
US inflation surprise lights fire under gold price
By Frik Els Gold on Wednesday enjoyed its best trading day since June 24, 2016 when financial markets were shocked by Britain voting to leave the European Union.
- businessweekly
- February 15, 2018
- 344 views
Oil extends gains on Saudi commitment to cutting output, weak dollar
SINGAPORE – Oil prices rose more than 1 percent on Thursday to extend gains from the previous session, lifted by a weak dollar and Saudi comments that it would rather see an…
- businessweekly
- February 14, 2018
- 377 views
Local bourse reverses losses
HARARE – The Zimbabwe Stock Exchange’s All Share index was marginally up by 0.03 points to settle at 89.53 as Innscor put on $0, 0226 to close at $0, 8767,…
- businessweekly
- February 14, 2018
- 468 views
RBZ to engage farmers
Enacy Mapakame HARARE – The Reserve Bank of Zimbabwe (RBZ) says will engage farmers and banks to address the bottlenecks that harbor the access to finance by small to medium…
- businessweekly
- February 14, 2018
- 503 views
60pc of Zinara funds going to hiring equipment: Urban Councils
HARARE – At least 60 percent of funds that the Zimbabwe National Road Authority (Zinara) allocates to local authorities for repair and maintenance of roads goes towards hiring equipment as…
- businessweekly
- February 14, 2018
- 636 views
Simbisa to acquire Foodfund
Tawanda Musarurwa HARARE – Fast foods group Simbisa Brands is looking to acquire foreign complementary business – Foodfund – once it completes its proposed listing on the London Stock Exchange (LSE).
- businessweekly
- February 14, 2018
- 584 views
Zim and Bots in diamond beneficiation deal
GABARONE – Zimbabwe plans to start sending rough diamonds to Botswana by June this year for cutting and polishing, before auctioning, to enhance revenue earnings from sales of the gems,…
- businessweekly
- February 14, 2018
- 704 views
Bonds stable as rand takes heart from Zexit
South African bonds were little changed on Wednesday morning, as the markets waited to see whether speculation of an imminent resignation by President Jacob Zuma would turn out to be true.
- businessweekly
- February 14, 2018
- 374 views
Asia shares wary of U.S. inflation, dollar breaks down
SYDNEY – Asian share markets turned mixed on Wednesday as investor nerves were strained ahead of a U.S. inflation report that could soothe, or inflame, fears of faster rate hikes globally.