Zimasco exits judicial management
BH24 Reporter HARARE – Kwekwe-based ferrochrome producer, the Zimbabwe Mining and Smelting Company (Zimasco) has emerged out of judicial management.
RBZ takes steps to liberalise forex market
HARARE – The Reserve Bank of Zimbabwe (RBZ) on Wednesday took major steps towards liberalising the foreign currency market to attract investment into the country and announced a cocktail of measures aimed…
Unilever stops production of Sunlight Liquid
Enacy Mapakame HARARE – Food, home and personal products manufacturer, Unilever Zimbabwe has temporarily halted the production of Sunlight Liquid citing foreign currency shortages.
Govt to criminalise multi-tier pricing, refusal of other payment forms
HARARE – The Zimbabwean Government is taking measures to criminalise the use of a multi-tier pricing system by service providers in the country, blamed for fuelling a hike in prices …
Rand slightly firmer as market awaits clarity on Zuma’s fate
The rand was slightly firmer on Thursday morning as the market awaited further clarity on President Jacob Zuma’s expected resignation.
Global shares fragile, U.S. yields creep up after U.S. budget deal
TOKYO – Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by…
South Africa’s future hinges on Ramaphosa’s strategic skills
By Jakkie Cilliers South Africa’s 2018 State of the Nation address by the president of South Africa has been postponed. This unprecedented step makes it clear that the country is seeing…
All Share Index in the red
HARARE – The Zimbabwe Stock Exchange’s All Share Index slid a further 0.29 points to settle at 90.55 as four counters lost ground.
Zim economy to release ‘pent-up aggregate demand’
Tawanda Musarurwa HARARE – Zimbabwe’s economy has significant upside, which can start to be realized this year on the back of a release of “pent-up aggregate demand”, analysts Akribos Research…
China’s crackdown on cryptocurrency trading – a sign of things to come
By Andrew Godwin The Chinese government’s decision to order several Bitcoin and other cryptocurrencies exchanges to close shows how much of a threat they are perceived to be to financial…











