ZSE main index jumps 5pc in sustained bull run

BH24 Reporter THE Zimbabwe Stock Exchange main industrial index maintained its rampage, leaping 5,02 percent to 301.3 in today’s session, sustaining a seemingly endless bull run.
Posted On 11 Sep 2017

India to invest $4 million in Zim SMEs

BH24 Reporter INDIAN companies want to invest $3,9 million towards supporting Small to Medium Enterprises, as part of efforts to forge cooperation with local businesses and creating avenues to markets for their products and services.
Posted On 11 Sep 2017

Beitbridge investment not recoverable-NSSA

Business Reporter THE National Social Security Authority might never recover the millions of dollars worth of investment into Beitbridge Hotel, now a white elephant after former tenant Rainbow Tourism Group vacated it citing recurrent losses.
Posted On 11 Sep 2017

Big bank trade sours as rate hikes stall, but some still believe

LONDON- Buying European bank shares — one of the biggest stock market plays of the year — has turned sour as interest rate “normalisation” in the United States and Europe is deferred yet again, but dogged advocates of the sector are not selling yet.
Posted On 11 Sep 2017

Europe’s bank regulators on expensive hiring spree before Brexit

FRANKFURT  - Europe’s regulators are competing to hire risk specialists to prepare for an influx of banks escaping Brexit, nudging up salaries and stretching staff budgets.
Posted On 11 Sep 2017

South Africa in danger of missing 2017 growth target: Gigaba

JOHANNESBURG – South Africa is in danger of missing its 1,3-percent growth target in 2017 due to poor performance of major sectors of the economy that will likely restrain tax revenues, Finance Minister Malusi Gigaba said on Monday.
Posted On 11 Sep 2017

GMB to pay early for grain deliveries

Business Reporter THE Grain Marketing Board is working on measures to start paying farmers for grain deliveries “within the shortest possible time”.
Posted On 11 Sep 2017

MFIs critical for economic growth

Michael Tome THE Reserve Bank of Zimbabwe says Micro Finance Institutions can be used to reach the marginalised as it steps up efforts to improve access to financial services through its initiatives under the National Financial Inclusion Strategy.
Posted On 11 Sep 2017