Govt bans inefficient light bulbs to save electricity

HARARE – The Zimbabwe Energy Regulatory Authority (ZERA) has banned the importation, manufacture and sale of  inefficient light bulbs in a move aimed at saving electricity. ZERA said the...
Posted On 24 Feb 2017

Industrials down 1, 56pc week-on-week

  HARARE – The ZSE’s mainstream industrial index weakened 1, 56 percent from the previous week, closing at 134.83 following a 0.42 loss. Giant insurer Old Mutual shed $0, 0500 to trade at...
Posted On 24 Feb 2017

Traders drain pricey US oil storage as OPEC deal bites

Traders are turning the spigots to drain the priciest storage tanks holding US crude stockpiles as strengthening markets make it unprofitable to store for future sale and cuts in global...
Posted On 24 Feb 2017

Govt sets maize producer price at $390 per ton

HARARE  -  Agriculture, Mechanisation and  Irrigation Development Minister Dr Joseph Made on Wednesday said the Grain Marketing Board (GMB) will be buying maize and other grains at  $390 per...
Posted On 23 Feb 2017

Zimplats bounces back to profitability

HARARE  –  The country’s largest platinum producer, Zimbabwe Platinum Holdings, bounced back to profitability in the half-year to December 31, 2016 after posting a profit-after-tax $16, 2 million...
Posted On 23 Feb 2017

NetOne donates to Mzembi UNWTO campaign

HARARE  -  State-owned mobile  telecommunication operator NetOne has provided $10 000 to Tourism and  Hospitality Minister Dr Walter Mzembi for use in his campaign for the  post of  United...
Posted On 06 Feb 2017

Econet’s revenue slide to continue: analysts

Musarurwa HARARE  –  Market analysts estimate that listed telecoms operator, Econet Wirelesss Zimbabwe’s revenue will take a knock at the close of its current financial year. IH Securities says...
Posted On 17 Feb 2017

Caution prevails for Asia stocks

Investors adopted a cautious tone at the end of a positive week for Asian stocks. Raw-materials shares slumped, while gold headed for a fourth weekly increase. The dollar was mixed against major...
Posted On 24 Feb 2017