BAT Zim make adjustments to board

HARARE – Cigarette manufacturer, British American Tobacco (BAT) has appointed three members to its board, while one non-executive director has left with effect from the 25th of July.
Posted On 11 Aug 2017

Rand holds up despite deepening global risk aversion

on Friday morning, suggesting that some traders were taking an optimistic view in the brewing conflict between North Korea and the US.
Posted On 11 Aug 2017

Industrials gain 1, 7pc week-on-week

HARARE – On a week-on-week basis, the ZSE’s mainstream Industrial Index improved by 1, 70 percent.
Posted On 11 Aug 2017

CABS H1 profits decline

Enacy Mapakame HARARE – Mortgage lender, CABS profit for the half year to June 30, 2017 amounted $16 million, which was 20 percent lower than $20 million reported in the same period last year.
Posted On 11 Aug 2017

You could soon be able to do instant bank transfers within WhatsApp

By Rufaro Madamombe WhatsApp recently released a new beta version for Android 2.17.295 of their app under their beta program. The update itself didn’t contain any visible features or changes.
Posted On 11 Aug 2017

NBS unveils houses

HARARE – The National Building Society (NBS) on Thursday unveiled 65 newly built low cost houses in Amalinda high density suburb.
Posted On 11 Aug 2017

Poor infrastructure forces pre-clearance system on Zim’s borders

HARARE – Ineffectual infrastructure has remained a significant contributor to bottlenecks at Zimbabwe’s borders, with the Zimbabwe Revenue Authority (ZIMRA) moving to use a pre-clearance system to expedite flow of traffic.
Posted On 11 Aug 2017

Fed taper brings risk to mortgage bonds unseen in treasuries

Kristina Hooper, global market strategist at Invesco, and Bloomberg Intelligence’s Yelena Shulyatyeva discuss the Fed’s plan for shrinking its balance sheet and what it could mean for markets. They speak on ‘Bloomberg Daybreak: Asia.’ (Source: Bloomberg)
Posted On 11 Aug 2017