Turnall slides into the red in FY16

HARARE – Listed building materials manufacturer Turnall Holdings has reported a $1, 6 million loss for the full year ended December 31, 2016 on the back of reduced demand and low exports.
Posted On 07 Aug 2017

ZSE open week on a high

HARARE – The ZSE’s mainstream Industrial Index opened the week in the positive following a 0.73 points increase.
Posted On 07 Aug 2017

CBZ Holdings to launch SME Pension Fund

HARARE – CBZ Holdings is set to launch a new insurance product, the CBZ SME Pension Fund in the second half of the year targeting the growing small to medium enterprise market. Group chief executive Mr Never Nyemudzo told an analyst briefing that this was part of t...
Posted On 07 Aug 2017

Raw sugar price up 4 percent

HARARE – The producer price of raw sugar has increased 4 percent to $572 per tonne compared to last year’s price of $552, statistics released by the Commercial Sugarcane  Producers Association of Zimbabwe (CSPAZ) show.
Posted On 07 Aug 2017

Environmental Management Agency underfunded: Official

HARARE – The Environmental Management Agency (EMA) on Friday said it is underfunded, which was constraining it from  monitoring and following up environmental violations countrywide.
Posted On 07 Aug 2017

JSE focus moves from US to SA jobs on Monday

The JSE all share index clocked 56,000 points for the first time on Friday, and looks set to move further into record territory on Monday, judging from markets trading ahead of its opening.
Posted On 07 Aug 2017

Bitcoin soars to record as buyers look beyond miners’ split

Bitcoin extended gains to a record, ignoring a split in the cryptocurrency over its future.
Posted On 07 Aug 2017

Did Google just tackle the biggest problem in energy?

By Irina Slav — Any news about energy storage advancement is bound to make a splash. After all, storage is the main stumbling block for renewable energy—data from Bloomberg New Energy Finance reveals that over the first six months of 2017, California lost more than 300,000...
Posted On 07 Aug 2017