SA: Bonds mixed as US yields grind higher

South African bonds were mixed on Thursday morning as the rand lost some ground following the US Federal Reserve’s decision to keep interest rates unchanged.

Shell poised to dethrone Exxon in oil titans’ cash clash

LONDON – Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector’s biggest cash generator after higher oil and gas prices combined with an improved performance…

Ten priorities for getting agriculture moving in Zimbabwe

By Ian Scoones Agriculture is taking centre stage in plans for the revival of Zimbabwe’s ailing economy under the new leadership of Emmerson Mnangagwa.

TSL revenue rises 7pc

BH24 Reporter HARARE – Industrial holdings group, TSL Limited’s revenue for the year ended October 2017 rose 7 percent to $50 million ahead of same period last year on mixed…

Zim mining industry targets marginal revenue growth in 2018

HARARE – The Zimbabwean mining sector is expecting to register a marginal increase in revenue earnings this year to $2, 5 billion from $2, 38 billion in 2017, the industry…

Government urged to commercialise all state enterprises

HARARE –The Zimbabwe government must take a bold step and commercialise all state enterprises and restrict itself to providing an enabling environment for business to prosper, an economist said on Tuesday.

Top job for South African gives African countries sway at the IMF

By Danny Bradlow South Africa’s Reserve Bank Governor, Lesetja Kganyago, has been selected as the first sub-Saharan African to serve as chair of the International Monetary and Finance Committee. The chair…

Fed expected to keep interest rates steady as Yellen era ends

WASHINGTON – The Federal Reserve is expected to leave interest rates unchanged on Wednesday while signaling a gradual tightening of monetary policy later this year as the U.S. economy continues to expand…

Rand firmer as eurozone GDP data drags dollar down, again

The rand was firmer against the dollar on Wednesday morning, as the euro maintained its newly found momentum against the dollar.

Bourse in marginal gains

HARARE – The Zimbabwe Stock Exchange’s All Share Index was marginally up by 0.01 points (or 0, 01 percent) to close at 91.37 as giant insurer Old Mutual shifted up…

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