ZSE market capitalisation hits US$ 7,144 billion

THE Zimbabwe Stock Exchange (ZSE) market capitalization yesterday hit an all-time high, reaching $7, 114 billion in total market capitalisation as both indices rallied to their highest levels since dollarsation.
Posted On 06 Sep 2017

IDBZ starts mobilizing $35m for students accommodation

THE Infrastructure Development Bank of Zimbabwe (IDBZ) has started mobilising $35 million needed to finance the first phase of constructing student accommodation at State universities.
Posted On 06 Sep 2017

Metallon restructured into stand alone mining entities

ZIMBABWE’s largest gold producer, Metallon, has restructured the business by collapsing the group structure into independent mining units with separate executive management and boards, as part of efforts to increase efficiency.
Posted On 06 Sep 2017

Agriseeds to develop pasture seed varieties

LOCAL seed manufacturer, Agriseeds,  owned by South Africa’s ZAD Investment Limited,  intends to avail new seed varieties for pastures to complement Government’s Command Livestock Programme, recently approved by Cabinet.
Posted On 06 Sep 2017

Agribusinesses and African Smallholders Seize $1 Trillion Food Market

ABIDJAN –   The power of entrepreneurs and the free market is driving Africa’s economic growth from food production, as business wakes up to opportunities of a rapidly growing food market in Africa, which may be worth more than $1 trillion each year by 2030 to substitute...
Posted On 06 Sep 2017

Central Bank Nuances and Economic Growth Plans

Everyone is trying to understand the nuances of central bank communications – indeed, this has been a decades long pastime. In recent years, the parsing of communications was for signs of how much more extraordinary the stimulus would be. As 2017 plods along, the parsing is now...
Posted On 06 Sep 2017

Oil markets subdued by storm Harvey fallout; Hurricane Irma heads into Caribbean

SINGAPORE  - Oil market trading was cautious on Wednesday, with crude demand and shipments subdued due to refinery closures following Storm Harvey and the arrival of an even bigger hurricane in the Caribbean.
Posted On 06 Sep 2017