Business

4 days ago | May 23, 2019

Pound to euro rate plummets

The pound to euro exchange rate has plummeted to a five-month low just as Britons prepare to jet off for half term ...

Huawei woes widen as Asian carriers drop its handsets

Wireless operators in Asia have begun to drop Huawei mobile phones after the US put the Chinese telecom-gear giant on a ...

Oil prices fell

Tokyo/Singapore.  —  Oil prices fell yesterday after industry data showed an increase in US crude inventories and as ...

ZSE optimistic

The Zimbabwe Stock Exchange (ZSE) is optimistic of bright prospects on its bourse in view of planned introduction of a ...

Energy sector faces revamp

The energy sector is expected to experience some remarkable turnaround following President Mnangagwa’s swearing in of ...

Efforts to raise wheat production pay off

Government’s drive to increase wheat production has begun paying dividends with the country recording a 28,3 percent ...

Direct procurement method explained

Section 33 of the Public Procurement and Disposal of Public Assets (PPDPA) Act defines direct procurement method as a ...

Diversification still on the table: Padenga

Padenga Holdings says it is still considering a transaction that will see it diversify and grow its exports to ...

$150m investment for Bulawayo

BULAWAYO’S first ever solid waste-to-energy project is back on the rails with the investor, Pragma Leaf Consulting ...

5 days ago | May 22, 2019

‘Interbank rate for fuel long overdue’

The upward review of fuel prices by the Zimbabwe Energy Regulatory Authority (ZERA) with immediate effect, has elicited ...

Forex shortages hamper BOC project

BOC Gases (Zimbabwe)’s plans to construct a carbon dioxide factory at Green Fuel Ethanol plant in Chisumbanje remains ...

Vision 2030 should be anchored on value added exports

FOR many years Zimbabwe’s export earnings have been dominated by raw commodities from primary industries such as mining ...

Zimnat offers small business affordable loans

At Zimnat we have a clear purpose: To make life better. Sustainable living should be commonplace for everyone. We look ...

Euro/USD falls

Price now falls to a fresh low since May 3 and will be aiming towards support around 1,1135-40 next.

Gold prices down

Gold prices are moderately down and hit a two-week low in early-morning US trading yesterday.