Zimbabwe
Zimbabwe Stock Exchange benchmark index fall
HARARE: The Zimbabwe Stock Exchange benchmark index closed the day in the red as it retreated 0.16 points to close...
Zimasco raises trading ban on chrome ore producers
HARARE: Zimbabwe Mining and Smelting Company (Zimasco) has lifted the trading ban on chrome ore producers who are mining under...
Tobacco grower’s decline by 21% in Zimbabwe
HARARE: Tobacco grower’s registration for the 2015/16 tobacco growing season has declined by 21 percent to 69,803. Latest data obtained...
Starafricacorporation Ltd widens loss to $5.3 mln
HARARE: Diversified conglomerate starafricacorporation Limited has widened its loss to $5,3 million for the half year-ended September 2015 from $3,7...
Zimbabwe seeks to release investment to $900m
HARARE: Zimbabwe seeks to unlock investment and trade flow amounting to $900 million, once President Robert Mugabe signs the instrument...
Zimbabwe utility affects for power tariff hike in 2016
HARARE: Zimbabweans should brace for a massive hike in electricity charges in 2016 after the power utility approached the energy...
2 men arretsed at Plumtree Border for smugling 8kg of gold
HARARE: TWO men who were arrested at Plumtree Border Post while driving a vehicle which was carrying gold have been...
Zimbabwe’s import bill drops 12% in Oct 2015
HARARE: Zimbabwe’s import bill dropped by 12 percent in October this year, reflecting the positive impact of the government’s duty...
National Tyres Services records 10% decline in revenue
HARARE: National Tyres Services Limited (NTS) recorded a 10 percent decline in its revenue to $6,7 million for the half...
Zimbabwe’s imports decline by 12% to $516m in October
HARARE: Zimbabwe’s imports declined by 12 percent in the month of October to $516 million, from $584 million recorded in...
Safari operations suffer 30% reduction in revenue
HARARE: Safari operations this year suffered a 30% reduction in revenue owing to, among other things, the continued ban on...
Zambian Govt plans to launch EXIM bank to provide financial support
LUSAKA: The Zambian government is planning to establish an export-import bank (EXIM bank) to provide financial support for trading companies. An...
Zimbabwe’s imports decline 12% during Oct
HARARE: Zimbabwe’s imports declined by 12 percent in the month of October to $516 million, from $584 million recorded in...
Zimbabwe spends $4.87 bln on car imports
HARARE: Zimbabwe has spent about $4,87 billion on car imports since 2009 as consumers continue to shun the limited and...
Zimbabwe’s inflation rate for Nov gains 0.83%
HARARE: Zimbabwe’s inflation rate for November gained 0,83 percent, but remained in the negative due to the continued fall of...
Samsung Zimbabwe targets 50% market share on television sets
HARARE: Samsung Zimbabwe is targeting a 50 percent market share on television sets in the coming year. This comes after...
Zimbabwe reduces royalty fee on platinum maker from 10%
HARARE: Zimbabwe should reduce the royalty fee levied on platinum producers from the current 10 percent to help mining firms...
Mobile banking controls in Zimbabwe financial sector
HARARE: A comprehensive market assessment of retail financial services in Zimbabwe shows that mobile money operators are now dominating the...
Microsoft to focus business with SMEs in Zimbabwe
HARARE: Microsoft will next year focus on doing business with small-to-medium enterprises (SMEs) in Zimbabwe, imploring them to leverage on...
Asphalt Products sets up new bitumen processing plant
HARARE: A Bulawayo-based builder, Asphalt Products, has set up a new bitumen processing plant to improve its capacity to handle...
