Govt must refocus beneficiation model – Afrodad

HARARE – Zimbabwe must offer incentives to companies exporting unprocessed commodities to encourage them to add value instead of just punishing them for raw exports, a debt management  civil society organisation said on Monday.
Posted On 31 May 2017

Econet’s FY revenue slides, again

HARARE – Listed mobile telecoms giant Econet Wireless Zimbabwe has reported a decline in revenue to $621, 7 million for the year ended Feb 28, 2017 from $640, 9 million previously, a 3 percent decline.
Posted On 31 May 2017

Local diary industry to endorse Diary Declaration

HARARE – Zimbabwe’s dairy industry is set to endorse the Dairy Declaration signed at the International Dairy Federation general meeting last November in Rotterdam, Netherlands to signify importance of the sector in boosting food security and ensuring sustainable production.
Posted On 31 May 2017

Zim to set up disaster fund

HARARE – Government intends to set up a fund which will be used to rehabilitate infrastructure when the country is struck by natural or man-made disasters, a Cabinet minister has said.
Posted On 31 May 2017

What every first time entrepreneur should know about raising money from investor

By Tawanda Kembo My company, BitFinance, has raised over $50k from 4 different investors over the last 2 years and as we’re preparing to go for another round of fundraising, I’ve been reflecting on the things that have worked for us, the lessons we’ve learnt and how much easier...
Posted On 31 May 2017

Equities maintain bullish form

HARARE – The Zimbabwe Stock Exchange’s mainstream industrial index continued in the black, advancing 1.14 to close at 162.34 as conglomerate Innscor led the gainers with a $0, 0290 bump to trade at $0, 6000.
Posted On 31 May 2017

Better than expected Chinese PMI may buoy JSE

China’s higher than expected purchasing managers index (PMI) for May could buoy the JSE on Wednesday.
Posted On 31 May 2017

Pound falls as poll shows Conservatives may miss their majority

LONDON - The pound declined after a poll showed Theresa May’s Conservative Party may miss winning a majority at next week’s general election and face a hung parliament.
Posted On 31 May 2017