NMB secures $5m for industry, SMEs

HARARE  –  Listed financial services firm, NMB Holdings has secured a $5 million loan facility from a “regional finance house”, CEO Mr Ben Washaya has said. The facility is targeted at players in...
Posted On 24 May 2017

Equities maintain bullish form

HARARE – The local bourse’s mainstream industrial index maintained the positive momentum, gaining a further 1.86 to settle at 158.31 on the back of heavyweight gains. Leading the risers was giant...
Posted On 24 May 2017

OPEC wants to carry on pumping less and earning more

By Javier Blas, Angelina Rascouet & Nayla Razzouk At first glance, OPEC’s cuts haven’t worked — global oil inventories remain well above normal levels. But the policy made a difference...
Posted On 24 May 2017

Flue-cured tobacco export volumes rise 9pc

HARARE – Volumes of tobacco which has been exported now stand at 47, 1 million kilogrammes, a 9 percent rise from those exported in the corresponding period last year, statistics that the ...
Posted On 19 May 2017

Cabinet okays investor for platinum project

CABINET has approved Luxembourg registered Eurasia Resources Group’s takeover of Todal Mining, as it seeks to facilitate development of its Bokai concession into a producing mine, despite...
Posted On 22 May 2017

Zim, SA transporters turf war persists

Thupeyo Muleya, Beitbridge Bureau — The Zimbabwe Cross-border Operators Association (ZCOA) met in Beitbridge yesterday and resolved to engage their South African counterparts to review a...
Posted On 18 May 2017

Security experts find clues to ransomware worm’s lingering risks

By Eric Auchard — Two-thirds of those caught up in the past week’s global ransomware attack were running Microsoft’s Windows 7 operating system without the latest security...
Posted On 19 May 2017

Rand relatively stable at strong levels

The rand was relatively stable at much stronger levels on Wednesday morning, taking its lead from speculation that embattled President Jacob Zuma may not be able to serve out his full term in...
Posted On 24 May 2017