Industrials in fourth straight loss; metals maintain positive run

HARARE – The Zimbabwe Stock Exchange’s mainstream Industrial Index posted its fourth consecutive loss, shedding 2.71 points to settle at 364.42 in mixed trading.
Posted On 21 Sep 2017

Padenga HY net income doubles

HARARE – Listed crocodile skin producer Padenga Holdings has reported a 100 percent rise in net income to $4, 05 million from $2 million in the half-year period to June 30, 2017 from the prior comparable period.
Posted On 21 Sep 2017

Met Department to conduct cloud seeding

By Elita Chikwati HARARE – The Meteorological Services Department says it will conduct cloud seeding early this year so that farmers in region two and three will not be affected by late rains during the first half of the season.
Posted On 21 Sep 2017

Govt may approach private sector over wheat storage

HARARE – Government is considering approaching the private sector to assist with storage facilities for wheat as the country’s silos will filled with grain harvested during the 2016/17 summer cropping season, a senior official has said.
Posted On 20 Sep 2017

Equities in 3rd consecutive loss

HARARE – The ZSE’s mainstream Industrial Index extended the losses shedding 4.18 points to end at 367.13 as crocodile skin producer Padenga dropped $0, 1500 to close at $0, 8500, while beverages giant Delta lost a further $0, 0935 to $2, 2002.
Posted On 20 Sep 2017

‘We want representation on regulatory board’: AHFoZ

HARARE – The Association of Healthcare Funders of Zimbabwe (AHFoZ) contends that Medical Aid Societies should be represented on the board of the proposed regulatory authority for the industry.
Posted On 19 Sep 2017

Edgars HY profit jumps 400pc

HARARE – Listed clothing retailer Edgars Stores Limited’s profit for the half year to July 2017 jumped 400 percent to $567 499 from $109 119 during the same period last year on increased sales and tighter debt management.
Posted On 19 Sep 2017

Equities market in second slip in a row

HARARE – The Zimbabwe Stock Exchange’s mainstream Industrial Index dropped for the second day in row, putting a damper on the earlier string of gains as it lost 19.31 points to settle at 371.31.
Posted On 19 Sep 2017

RHA Tungsten mine gets estimates upgrade

BH24 Reporter — HARARE – Zimbabwe’s  RHA Tungsten Project, under development, near Bulawayo has received has had its underground mineral resource estimates upgraded.
Posted On 18 Sep 2017

Rwenya River Bridge needs $3m for repairs

By Sifelani Tsiko — HARARE – Rwenya River Bridge, built in 1966, in Mudzi district in Mashonaland East needs about $3 million for repairs to enable movement of people and vehicular traffic.
Posted On 18 Sep 2017