Ecobank fintech boosts financial inclusion in Africa

BH24 Reporter HARARE – Fintech is boosting financial inclusion across Africa, according to Ecobank, one the leading independent pan-African banking group and a pioneer in Africa’s digital transformation. The Ecobank group…

AFDIS’ H2 revenues bump 18pc

BH24 Reporter HARARE – Wines and spirits maker African Distillers (AFDIS) recorded an 18 percent improvement in revenue to $16, 5 million in the half-year period ended December 31, 2017.

Rand celebrates Zuma’s 11th hour departure

By Thursday morning, the rand had lost a little of its initial euphoria over Jacob Zuma’s resignation as SA’s president at 11pm, an hour before the ANC’s midnight deadline. The rand was trading at R11.73 to…

Zim business index up for the first time in three years – CZI

HARARE – Zimbabwe’s business confidence  index (BCI) went up in the fourth quarter of 2017, the first time this  has happened since it was introduced in 2015. The BCI, which ranges…

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.

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.

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…

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,…

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…

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…

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