Dollar jumps 1pc after China cuts interest rates
LONDON – The dollar jumped nearly one percent against a basket of major currencies yesterday and recovered from seven-month lows against the safe-haven yen and the euro as riskier assets got a boost...
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Global commodity prices constrain Mwana Africa
Mwana Africa operations in the first quarter to June 2016 were constrained due to falling commodity prices on the global marketBusiness Reporter Mwana Africa’s operations in the first quarter to June...
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Too soon to buy emerging market stocks amid rout
Chinese stocks crash again to extend biggest plunge since 1996LONDON – Mark Mobius says investors should hold off from buying developing nation shares as a rebound from six-year lows will be shortlived...
View ArticleWeak rand: SA central bank mulls intervention
JOHANNESBURG. — The South Africa’s Reserve Bank (SARB) says it may intervene in the currency exchange market should the rand’s performance worsen, having slipped to its lowest rate against the US...
View ArticleZim debates internet governance
By TechnoMag StaffStakeholders in the local ICT industry who converged at Jameson Hotel in Harare recently, during a conference facilitated by MISA-Zimbabwe to debate and deliberate on the national...
View ArticleHR experts must monitor labour market, economy
Matthias Ruziwa HR Issues Organisations and HR practitioners need to monitor the state of the labour market and keep an eye on likely developments in the economy. It is a fact that the HR fraternity...
View Article‘Shangai shockwave’ horrendous day of losses
LONDON. – Monday’s China-led stock market sell-off (dubbed “Brutal Monday” by Reuters and “The Shanghai Shockwave” by City AM) was a horrendous day of losses for most stocks globally.But for the mining...
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Zim maintains reserves of $130m from SDR
IMF resident representative Mr Christian Beddies addresses the media during a Press conference on the Fund’s mission to Zimbabwe next month. Following the proceedings is IMF economist (Harare office)...
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Judgment Night 3 . . . Religious tourism assumes new level
UFIC members march on the streets of Harare last SundayVictoria Ruzvidzo Business FocusWe commend President Mugabe for his State of the Nation address to Parliament on Tuesday.Indeed it was easy to...
View ArticleEnjoy music online
Remember the days of the gramophones and vinyl discs? Long play and short play records? At least for those of us who were born by then . . . that is how we listened to music. This, in addition to...
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ZRA rations Kariba water for power
Mr GwasiraBusiness Reporter THE Zimbabwe Power Company, is now allowed to generate a maximum of 475 megawatts from the 750Mw capacity Kariba South plant, due to water rationing by the Zambezi River...
View ArticleEconet trains computer specialists
Business Reporter Econet Wireless says it has invested towards training of 1 000 young people as specialist computer programme coders over the last 12 months despite the problems that continue...
View ArticleEstablish national seed authority now
Dr Gift MuganoThis week is the agricultural show week where the National Economic Consultative Forum (NECF) hosting dialogue under the theme titled enhancing agricultural productivity; managing climate...
View ArticleAssigned Ministers Ministries to host a business conference
Business Reporter The Assigned Ministers Ministries will host a business symposium on August 30 2015 aimed at capturing innovative mindsets and establishing creative inventions that can drive the...
View ArticleZSE prepares listing of debt instruments
Conrad Mwanawashe Business Reporter The Zimbabwe Stock Exchange is at an advanced stage in preparations for the listing of debt instruments on the bourse which will offer the market a wider array of...
View ArticleNew Hyundai Tucson exciting, versatile
Tinashe Makichi The all new Hyundai Tucson 2016 comes with exciting style and versatility that motoring fanatics have been looking for on the local market. Hitting local dealer’s showrooms this month,...
View ArticleTurnall posts 9pc increase in revenue
Prospects for asbestos and piping company Turnall Holdings are bright this year after it posted a 9 percent increase in revenue in the half year ending June 30 and a corresponding 42 percent reduction...
View ArticleGvt moves to curb disease
Police have begun an operation to curb the illegal movement of livestock to reduce the spread of foot and mouth disease, a senior Government official has said. The disease has affected most parts of...
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Informal tyre sales dampen hope for NTS
Business Reporter ZSE-Listed National Tyre Services says volume and bottom line expectations for the six months to September will not be met as the company continues to lose out to informal tyre sales...
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‘Zim not fully using irrigation capacity’
Vice President MnangagwaBusiness Reporter Zimbabwe is failing to fully utilise the existing irrigation capacity despite the availability of enough water reservoirs to irrigate two million hectares of...
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