All Share week closes week on a low

HARARE  – On a week-on-week basis, the Zimbabwe Stock Exchange’s All Share Index was down 1, 01 percent.

FAO calls for urgency on fall armyworm

Elita Chikwati HARARE – The Food and Agriculture Organisation (FAO) has called on countries affected the fall armyworm to urgently determine the possible impact of the prolonged dry spell that…

Govt bid to complete Telecel takeover hits another brick wall

HARARE – The bid by the Zimbabwe  government to become the sole shareholder of Telecel Zimbabwe has hit  another hurdle as shareholders within the Empowerment Corporation (EC),  which owns 40…

Gold price: Value of ETF bullion tops $100 billion for first time in 5 years

By Frik Els On Thursday gold lifted from the 2018 low the metal struck yesterday, exchanging hands for $1,320.40 near the close of trading.

Qualcomm rejects Broadcom’s revised buyout offer, proposes meeting

U.S. semiconductor company Qualcomm Inc on Thursday rejected Broadcom Ltd’s revised $121 billion buyout offer, but proposed meeting its peer to see whether they can address what it called the bid’s “serious…

Rand holds up despite deepening global market sell-off

The rand held up on Friday morning, out of sync with other emerging-market currencies, which sagged amid global risk aversion.

Banks ordered to prioritize foreign school fees payments

HARARE – The Reserve Bank of Zimbabwe (RBZ) has directed all local banks to avail necessary foreign currency  that parents require to pay tuition fees for their children studying  abroad,…

Coca-Cola announces new global plan

Company sets goal to recycle a bottle or can for everyone it sells by 2030 Tinashe Makichi The Coca-Cola Company said it is fundamentally reshaping its approach to packaging, with…

‘Restructure electricity sector’

As Government presses ahead with efforts to restructure State Enterprises and Parastatals (SEPs) as part of deliberate efforts to increase their operational efficiency, the private sector says it is critical…

Rock art: Zimbabwe’s ancient heritage.

Zimbabwe has more than 10,000 rock art sites within its borders. Just what do we know about them?

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