Industrials open week on a high

HARARE – The local bourse’s mainstream Industrial Index moved up by 14.01 points to close at 462.84 as giant insurer Old Mutual traded $1, 5660 solid at $11, 7231 and cement producer PPC gained $0, 3225 to close at $1, 9425.
Posted On 09 Oct 2017

SMEs Minister says borrowing costs still too high

  By Enacy Mapakame — NYANGA - Small to Medium Enterprise Development Minister Sithembiso Nyoni says her Ministry is pushing for a further reduction in cost of borrowing for the SME sector.
Posted On 09 Oct 2017

Prospect Resources to set up Zim lithium processing plant

BH24 Reporter — HARARE – Junior miner Prospect Resources is mulling the development of a lithium chemical plant at its Arcadia Lithium project in Harare.
Posted On 09 Oct 2017

South Africa’s National Development Plan can be resuscitated: here’s how

By Steven Friedman — Something is surely wrong when many influential people endorse or reject a document none of them have read. The document is South Africa’s National Development Plan, which was adopted by Parliament five years ago and is the product of a National...
Posted On 09 Oct 2017

Rand little changed as it tracks world markets

The rand was little changed on Monday morning and the trading pattern was unlikely to change drastically because of a partial public holiday in the US. The rand changed hands to the dollar at R13.75, after logging its fifth consecutive weekly loss to the greenback last week.
Posted On 09 Oct 2017

Qatar is said to plan raising at least $9 billion from bond sale

Qatar is considering raising at least $9 billion from international bond markets as the gas-rich nation boycotted by its neighbors seeks to replenish state coffers, people familiar with the matter said.
Posted On 09 Oct 2017