CSD to improve foreign participation on ZSE
Business Reporters ZIMBABWE is hoping for an increase in foreign traders on the local bourse following the launch of the Central Securities Depository which will reduce settlement time frames on...
View ArticleOil falls after weak Chinese, US data
LONDON — Brent crude oil fell towards 14-month lows just above $100 a barrel on Monday after Chinese and US data pointed to slower than expected growth in the world’s top oil consumers. China’s import...
View ArticleFirstRand targets $924 million for expansion in Africa
FirstRand Ltd, Africa’s biggest bank by market value, is setting aside R10 billion ($924 million) for expansion across the continent as profit increases from regions outside its home market of South...
View ArticleZAPF wants security for prescribed assets
Business Reporters PENSION Funds, which were recently directed to invest a portion of their funds in prescribed assets, want Government to ensure foolproof mechanisms to prevent abuse of funds invested...
View ArticleFarmers and veldt fires
Veldt fires have become one of the greatest environmental challenges of our time, causing unprecedented damage to Zimbabwe’s natural resources, forests, animal habitat and even leading to the loss of...
View ArticleImportance of financial literacy
Sanderson Abel Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. Improving financial literacy is a...
View ArticleGold hovers near three-month low
SINGAPORE — Gold hovered near its lowest in three months yesterday after sharp overnight losses as the dollar traded at 14-month highs against a basket of major currencies, dimming the metal’s appeal...
View ArticleApple’s CEO shakes doubters
San Francisco. – Apple Inc’s prospects seem a lot brighter than they were the last time Tim Cook introduced an iPhone. When Chief Executive Officer Cook unveiled two new smartphone models 12 months...
View ArticleZim to reclaim world tobacco supplier status
Business Reporter Zimbabwe is on course to reclaim its place as one of the major suppliers of tobacco in the world with preliminary indications showing that the country is now the second highest...
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Govt implores Chinese firm
Minister BimhaGolden Sibanda Senior Business Reporter Government has implored a Chinese State-owned tobacco firm to increase funding in tobacco contract farming and consider investing in the...
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Old Mutual banks on CABS
Old Mutual has made a strategic decision to grow CABS as it provides a platform for future growthConrad Mwanawashe Business Reporter OLD Mutual’s banking arm, CABS, is expected to anchor group...
View ArticleFed weighs change to rate guidance
Washington — Federal Reserve officials are considering whether to alter their guidance on the likely path of interest rates to give them more flexibility to react to changes in the economy. The Fed has...
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Kariba extension project to fund itself
Minister ChinamasaTawanda Musarurwa Business Reporter The Kariba South extension project has the capacity to service its own loan and such a model will be used on future energy projects, an official...
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Zim can fly high
The Minister of Media, Information and Broadcasting Services Professor Jonathan Moyo (right) flanked by Zimpapers Group Chief Operations Officer and Editor in Chief Pikirai Deketeke, Chinese Ambassador...
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Bimha to open exporters conference
Minister BimhaBusiness Reporter The Minister of Industry and Commerce Honourable Mike Bimha will officially open the Exporters’ Conference scheduled for October 2 2014, at Meikles Hotel in Harare. The...
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Prioritise reining in insurance companies
Minister ChinamasaMartin Tarusenga Finance Minister Patrick Chinamasa’s recent decision to act and get the pensions and insurance industries operating more transparently to achieve the industries’...
View ArticleNew money transfer service launched
With millions of Zimbabweans living outside the country and many of them struggling to navigate the complexities of sending money home to Zimbabwe, Hand2Hand Transfers has launched an easy and...
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‘We’ve not started on parastatals reform’
Chinese Ambassador to Zimbabwe Lin Lin (left) makes a comment on relations between the two countries at the oversubscribed breakfast meeting yesterday, which was hosted by The Herald BusinessBusiness...
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Thousands converge for RIE 2014
Science and Technology Minister Dr Olivia Muchena with UZ Vice Chancellor Professor Levy Nyagura (left) and MSU Vice Chancellor, Professor Ngwabi Bhebhe the Research and Intellectual Expo last...
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Microsoft nears $2bn deal for Minecraft maker
Children play in a Minecraft tournament during Ascot Dubai Duty Free Shergar Cup recently in Ascot, EnglandNew York. — Microsoft Corp, maker of the Xbox video-game console, is in discussions to acquire...
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