BUSINESS NEWS

Zimdollar strengthens against the real US dollar

The local currency appreciated for the first time against the US dollar after it firmed a marginal 0.094% to 83.3209 from 83.3994. This followed a drop in both the highest and lowest bids to 87.5 and ...

By Staff reporter | Published: 01 September 2020

ZSE TODAY

ZSE shares continue to advance on mid-cap gains

Zimbabwe Stock Exchange shares continued their advance with the benchmark index rising past the psychological 500 level. This comes as the market is awaiting the introduction of the Reuters market mar...

By Staff reporter | Published: 12 March 2020

OPINION

Stacking the odds against Cassava Smartech's Sasai

Cassava Smartech, an Econet spinoff, recently launched Sasai, a mobile application which mirrors China's WeChat. Of course, it is a first by Africa, but odds are highly-staked against its success.Ther...

By Respect Gwenzi | Published: 18 October 2019

ZSE TODAY

Mid-tier stocks drive ZSE to a marginal gain

The ZSE gained 0.07% as marginal losses in the big caps were offset by moderate gains in mid-tier stocks pushed by small trades. The session yielded eleven gainers and six fallers, with the Old Mutual...

By Staff reporter | Published: 17 October 2019

TELECOMS & TECHNOLOGY

Customers rebel against Econet promo

In a development that could redefine the relationship between consumers and various service providers, Econet subscribers made an unprecedented uproar against unsolicited messages from the company adv...

By Staff reporter | Published: 10 October 2019

ZSE TODAY

Moderate gains in big caps see ZSE close 0.9% higher

The ZSE closed 0.9% higher after moderate gains in Econet and Innscor offset losses in Cassava and Delta. The session yielded ten gainers and ten fallers, with mid-tier stocks featuring prominently am...

By Staff reporter | Published: 02 October 2019

FINANCIAL SERVICES

Zimdollar plunges after weekend gains

The value of the Zimbabwe dollar yesterday plunged against the United States dollar after stabilising at the weekend following the Reserve Bank of Zimbabwe (RBZ)'s decision to freeze bank accounts of ...

By Staff reporter | Published: 27 September 2019

ZIMBABWE

Falgold suspension lifted as ZSE gains 8%

The ZSE's bullish run continued with an 8% rise, with three counters triggering the 20% circuit breaker mark. The session yielded 25 risers and zero fallers as small trades pushed strong gains in sele...

By Staff reporter | Published: 24 September 2019

ZIMBABWE

ZSE rallies again

Proplastics and Willdale led a stock market rally yesterday that saw the bourse close in the positive. The All Share Index jumped 10,66 percent to 217,25 points while the ZSE Top 10 paced the fastest ...

By Staff reporter | Published: 24 September 2019

ZIMBABWE

Industrial index sets new all-time high as ZSE gains 11%

The ZSE continued its recovery with an 11% rise, as counters across the board made strong gains. The session yielded 21 gainers against one faller, with the top gainers pushed by small trades while Ol...

By Staff reporter | Published: 23 September 2019

POLITICS

Chigumba, Silaigwana will not manage elections again, says Chamisa

ZIMBABWE Electoral Commission (Zec) chairperson and recently confirmed chief elections officer, Utoile Silaigwana, will not manage elections in Zimbabwe again, opposition MDC leader Nelson Chamisa sai...

By Staff reporter | Published: 12 July 2019

POLITICS

Bulawayo residents rally against demolition of cooling towers

THE uproar by Bulawayo residents over the demolition of the iconic cooling towers at the thermal power station is justified as the community feels they have been repeatedly shortchanged, analysts have...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Economists warn against USD-based prices

The Economists Roundtable has implored businesses to stop pegging prices of goods and services against the value of the US dollar since the costs they incur are in local currency. The call follows the...

By Staff reporter | Published: 27 June 2019

LANDS & AGRICULTURE

Tobacco farmers protest against buyer

THERE was mayhem at Agribank Mvurwi and Voedesel Tobacco Company on Wednesday afternoon after tobacco farmers failed to access their hard-earned money supposedly transferred into their bank accounts b...

By Staff reporter | Published: 14 June 2019

ZIMBABWE

ZSE extends gains sixth week running

The Zimbabwe Stock Exchange (ZSE) extended gains for the sixth week, during the week ended May 3, on buyer dominance resulting in a 3.61% rise in total market capitalisation to $17.759 million (up fro...

By Akribos Research Services | Published: 05 May 2019

OPINION

Mnangagwa's govt ready to spill blood again

IT SEEMS President Emmerson Mnangagwa's young government has not learned from all the previous mistakes they have made in their time in power. Since coming into power following a military coup in Nove...

By Editorial - Daily News | Published: 02 May 2019

POLITICS

Chamisa again sets conditions for talks with Mnangagwa

The opposition MDC Alliance leader, Nelson Chamisa, has said he is prepared to meet President Emmerson Mnangagwa provided a "mutually respected adjudicator, local or international, and preferable a fo...

By Staff reporter | Published: 02 May 2019

POLITICS

Zanu-PF warns against premature campaigns

THE Zanu-PF youth league in Mashonaland East province has warned members who are already canvassing for parliamentary and party positions for the 2023 elections that they risk disqualification and sus...

By Staff reporter | Published: 30 April 2019

OPINION

There goes Mnangagwa bluffing, yet again!

History has a rich record of dumb presidents, so you really don't worry too much when President Emmerson Mnangagwa forgets the name of the National Sports Stadium or messes up simple math during a pol...

By Tawanda Majoni | Published: 28 April 2019

POLITICS

Mnangagwa summons Dubai plane for trip to Bulawayo, AGAIN

President Emmerson Mnangagwa is flying a private jet from Dubai on his trip to Bulawayo on Friday morning, ZimLive can reveal.It is the second time that Mnangagwa is flying a hired jet from Dubai on ...

By zimlive | Published: 26 April 2019

BUSINESS NEWS

Fuel prices up again

DESPITE government castigating business for over-pricing, there is likely to be no respite for the embattled consumer anytime soon as the price of fuel continues to go up, almost on a weekly basis.A s...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

Acute fuel shortages rock Zimbabwe again

Energy and Power Development minister Jorum Gumbo yesterday claimed that fuel companies were concentrating on supplying outlying areas resulting in a shortage of the commodity in urban areas.Gumbo mad...

By Staff reporter | Published: 03 February 2019

POLITICS

Mnangagwa warns against regime change demos

Government has warned it will not tolerate any attempts by the opposition to topple President Mnangagwa as he was democratically elected on July 30 last year. In a statement on Wednesday, Secretary fo...

By Staff reporter | Published: 04 January 2019

BUSINESS NEWS

Consumers appeal for protection against wave of pricing in forex

THE Consumer Council of Zimbabwe (CCZ) has appealed for urgent Government intervention in protecting consumers against the tide of foreign currency pricing of goods and services at a time when a major...

By Staff reporter | Published: 04 January 2019

POLITICS

Matemadanda berates war vets who demonstrated against him

WAR Veterans deputy minister Victor Matemadanda has berated some former fighters who challenged his liberation war credentials, saying he cannot be vetted in the streets.Matemadanda was reacting to cl...

By Staff reporter | Published: 21 December 2018
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