Zim expects normal rainfall

HARARE – Zimbabwe is expected to receive normal rainfall during the 2017/18 season with southern parts of the country expected to receive normal to below normal rains.
Posted On 01 Sep 2017

Energy Ministry calls for inter-ministry support

BH24 Reporters — HARARE – The Ministry of Energy and Power Development says ministries must collaborate with it to ensure security of energy supply in the country is guaranteed.
Posted On 01 Sep 2017

Cotton selling season smooth, says growers association

HARARE – The 2017 cotton marketing season is progressing well despite a few minor hiccups like cash shortages, the industry representative body said on Friday.
Posted On 01 Sep 2017

Rand perks up ahead of US nonfarm payrolls data

The rand was a little stronger on Friday morning, but was still stuck in its recent range to the dollar, which has been fairly volatile this week. Markets are likely to take their cue from the release of US nonfarm payrolls data in the afternoon, although some analysts say low...
Posted On 01 Sep 2017

Why the quest for a single currency for West Africa won’t materialise soon

By Tahiru Azaaviele Liedong It’s been nearly two decades since the idea of a single currency for West Africa was first mooted. Yet the sub-region is still far from having a common legal tender. What is ordinarily a good idea seems to have fizzled into a fantasy.
Posted On 01 Sep 2017

Bulls see room to run in longest emerging-market rally since ’04

You have to go back to 2004 for the last time emerging-market stocks racked up a longer series of monthly gains. And bulls say the good times should keep going.
Posted On 01 Sep 2017

Equities in hefty gain for the week

HARARE – The Zimbabwe Stock Exchange’s mainstream Industrial Index rose by a hefty 15.92 points compared to the prior week. Following today’s trades, the Industrial Index soared by a further 2.97 points to close the week at 238.00 on the back of improved trading activity.
Posted On 01 Sep 2017