Companies

September 20, 2018 0 67
By Associated Press NEW YORK: Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will be a buzzkill. Billions of dollars...
Zim’s mobile data second most expensive in Africa – study
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By Alois Vinga A recent study published by Pan African financial institution, EcoBank,...
Agribank’s e-transactions up 66 percent to $12 million monthly
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By Alois Vinga AGRIBANK says that it has recorded a surge in the...
Econet Said to Be in Talks About Restructuring
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By Bloomberg News Econet Wireless Zimbabwe Ltd. is in talks about restructuring the company,...
Uber glitch leaves drivers unpaid and frustrated
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By Associated Press SAN FRANCISCO: Drivers for the ride-hailing company Uber are frustrated...
Nespresso to boost Zimbabwe coffee market with limited-edition capsules
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By Agencies As single-origin beans from nations like Ethiopia and Kenya gain in...

Markets

September 18, 2018 0 252
Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output, Chief Executive Officer Mzi Khumalo said. Zimbabwe, which abandoned its own currency in 2009 because of hyperinflation, has faced cash shortages for at least the past two years...
Banks move to block managers’ union; Supreme Court to rule on case
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By Alois Vinga THE Supreme Court has reserved judgment in a case where...
Telcos express concern over multiple airtime taxation
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By Business Reporter THE telecoms sector has expressed concern at the manner in...
Kenyatta proposes 50 cent cut in fuel tax
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Kenya’s President Uhuru Kenyatta seems to have bowed to pressure and has now...
Zim’s $87m wheat debt attracting $400k monthly interest, says Millers boss
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By Alois Vinga ZIMBABWE is saddled with a total $87 million debt to...
Pouroulis & Son plan next move as Zimbabwe opens doors again
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By miningmx.com PLATINUM group metal (PGM) and chrome miner, Tharisa, is taking a...

Economy

September 20, 2018 0 51
By AFP Global expansion is likely to slow as tensions kickstarted by US President Donald Trump’s protectionist policies hit world trade, the Organisation for Economic Cooperation and Development said Thursday. “If this goes on, we may face the risk of slowing growth,” OECD chief economist Laurence Boone told reporters...
ED overhauls Finance Ministry, appoints Guvamatanga as new permsec
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By Alois Vinga PRESIDENT Emmerson Mnangagwa has overhauled the Finance and Economic Development...
Ncube to launch Transitional Stabilisation Program next month
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By Alois Vinga FINANCE and Economic Development Minister, Mthuli Ncube has earmarked the...
Banks move to block managers’ union; Supreme Court to rule on case
0 147
By Alois Vinga THE Supreme Court has reserved judgment in a case where...
Upsurge in mobile transactions likely just ‘hot air’ – warns renowned economist
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By Business Reporter RENOWNED economist DR Godfrey Kanyenze has warned the while upsurge...
Strike looms as Hwange Colliery abandons wage arrears payment deal
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By Alois Vinga HWANGE Colliery Company Limited (HCCL) has failed to honour the...
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