ZSE swings into the red
The Zimbabwe Stock Exchange (ZSE) swung into the red in Tuesday’s trades as three benchmark indices slid after Monday’s gains.
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The Zimbabwe Stock Exchange (ZSE) swung into the red in Tuesday’s trades as three benchmark indices slid after Monday’s gains.
The People’s Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency.
Zimbabwe’s education sector is in deep crisis, hence the need for President Emmerson Mnangagwa’s government to fund the sector, former Primary and Secondary Education minister David Coltart has said.
U.S. President Donald Trump touched off a diplomatic row with South Africa by repeating an erroneous broadcast about land reform there. In this Q&A, International Crisis Group – Southern Africa Senior Consultant Piers Pigou sets the record straight about the land ownership and expropriation debates that are really underway in South Africa today.
As the country’s economy continues to tank under the weight of myriad challenges, millers are now also warning of imminent bread shortages unless the government urgently releases foreign currency for wheat imports which are currently being held up in Beira, Mozambique awaiting payment.
Bruising legal and political wars could explode soon after it emerged yesterday that former Finance minister Tendai Biti and a number of well-known businesspeople are among a stellar list of individuals and companies which are being targeted for investigation by the Zimbabwe Anti Corruption Commission (Zacc).
A busy schedule could be weighing down sungura giant Alick Macheso.This comes after he nose bled on stage at the Clash of Giants gig at Alexandra Sports Club on Saturday.
Rising musician Braveman Chizvino aka Baba Harare is making his name in the music industry and this has not escaped the eye of his former paymaster Jah Prayzah.
Edgars Stores (Edgars) says it is engaged in discussions with an unnamed investor in a deal that may impact value of the company’s shares.Buhlebenkosi Mpofu, the clothing retailer’ company secretary, yesterday advised shareholders in a statement to be cautious on the local stock market when trading Edgars’ shares.
The country’s largest cement manufacturer, PPC Zimbabwe said the shortage of cement in the country is temporary and there is no need for Zimbabweans to panic.