ZSE TODAY

ZSE continues recovery as Mid-Caps rally

Today the Zimbabwe Stock Exchange continued its moderate recovery as mid-tier stocks rallied to leave the market in the black. Market value was up 0.7% to ZWL $18.2 billion while trades were up 62.7% ...

By Staff reporter | Published: 26 June 2019

OPINION

RBZ sabotaging Zimbabwe economic recovery

WHEN Mthuli Ncube was appointed Finance and Economic Development minister, he quickly took charge at the ministry, appointing a new permanent secretary and several directors and publishing a Transitio...

By Eddie Cross | Published: 29 April 2019

BUSINESS NEWS

Mnangagwa says 'Mining, tourism to anchor recovery in 2019'

President Emmerson Mnangagwa yesterday promised that 2019 would be a much better year for Zimbabweans, pinning economic revival on the growth of tourism and new mining projects."I am confident that th...

By Staff reporter | Published: 01 January 2019

POLITICS

Chiwenga says, 'Zimbabwe on road to recovery'

ACTING President Constantino Chiwenga yesterday said he was confident that Zimbabwe's economy was on the mend, as government was working flat out to turn around the country's fortunes.He was speaking ...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

Zimbabwe currency volatility not good for recovery plan

THE 2019 National Budget presented by Finance minister Mthuli Ncube, though commendable for putting in place fiscal austerity and fiscal consolidation measures to contain the widening fiscal deficit, ...

By Staff reporter | Published: 30 November 2018

BUSINESS NEWS

Corruption damaging Zimbabwe recovery

TRANSPARENCY International's 2017 corruption perception index ranked Zimbabwe number 157 out of 180 countries. Using a scale of 0 to 100 (where 0 is highly corrupt and 100 is very clean), Zimbabwe has...

By Paddington Masamha | Published: 23 November 2018

OPINION

Mnangagwa must appoint competent team to steer economic recovery

THE enormity of the task of steering the country's economic revival requires that President Emmerson Mnangagwa appoints the best team at his disposal into Cabinet. The pool of possible Ministers avail...

By Staff reporter | Published: 07 September 2018

TRANSPORT & TOURISM

Tourism recovery drives Dawn revenue

DAWN Properties Limited (Dawn) revenue from hotel property leases went up 30,6 percent to $1,52 million during the six months ended June 30, 2018 on the back of increased occupancy at the hotels as de...

By Staff reporter | Published: 06 September 2018

INDUSTRIALS & ENERGY

Brands and stores affected by Edcon's new recovery plan

Edcon Holdings' latest recovery plan includes closing chains including Red Square cosmetics and La Senza lingerie and attempting to lure their customers to its flagship Edgars clothing stores.The move...

By Bloomberg | Published: 05 July 2018

OPINION

July 30 election results key to economic recovery

"THE economy, stupid" is a popular phrase in American politics that came about in 1992 as the then United States presidential candidate Bill Clinton used this against sitting President George Herbert ...

By Tatira Zwinoira | Published: 27 June 2018

FINANCIAL SERVICES

'Banks to lead economic recovery'

Government is working with the Reserve Bank of Zimbabwe (RBZ) and other relevant bodies to ensure the country's banking sector is in a position to play key intermediary roles in the recovery of the ec...

By Staff reporter | Published: 26 June 2018

INDUSTRIALS & ENERGY

Turnall on recovery path

SALES volumes at the Zimbabwe Stock Exchange-listed plumbing materials producer Turnall Holdings Limited surged 70 percent during the first months to May, as product availability improved in Zimbabwe,...

By Staff reporter | Published: 15 June 2018

POLITICS

Mnangagwa rescuer confident about Zim's recovery

Big Time Strategic Group CEO and founder Justice Maphosa is confident about Zimbabwe's economic recovery. The man who is credited of giving a helping hand to Zimbabwean President Emmerson Mnangagwa wh...

By CNBC Africa | Published: 31 May 2018

POLITICS

Mnangagwa wishes ailing Mohadi 'speedy recovery'

President Emmerson Mnangagwa yesterday wished Vice President Kembo Mohadi a speedy recovery amid reports he is critically ill in hospital in South Africa.Mohadi and Retired General Constantino Chiweng...

By Staff reporter | Published: 05 May 2018

BUSINESS NEWS

EU ready to support Zim economic recovery

THE European Union (EU) has expressed readiness and commitment to assist Zimbabwe under the new dispensation in its efforts to turnaround the economy.Zimbabwe has been under EU sanctions for close to ...

By Staff reporter | Published: 26 April 2018

BUSINESS NEWS

Zim economy on recovery path, claims Mnangagwa

Zimbabwe's economy is showing signs of recovery and growth owing to Government's aggressive economic reform agenda since the dawn of the new political dispensation, President Mnangagwa has said.Addres...

By Staff reporter | Published: 21 March 2018

BUSINESS NEWS

Zim's economic recovery is an urgent priority

The United Nations has voiced its support for a plan to hold elections in Zimbabwe in July.The elections, which have not yet received a specific date, will be the first big test for President Emmerson...

By Staff reporter | Published: 19 March 2018

BUSINESS NEWS

Zimbabwe on recovery path, claims Mnangagwa

President Emmerson Mnangagwa says Zimbabwe is on path to recovery as evidenced by successes scored during his first 100 days in office.A combination of a sustainable budget, cuts on excise duties, zer...

By Staff reporter | Published: 27 February 2018

MINING & RETAIL

Mnangagwa bets on mineral-led recovery

ZIMBABWE'S new government talks up the country's mineral wealth in its push for investment, as it seeks to snap a run of sluggish economic growth, an official document shows.The country's tilt towards...

By Staff reporter | Published: 25 January 2018

TRANSPORT & TOURISM

NRZ lays recovery plan

THE National Railways of Zimbabwe (NRZ) says it will sign more service level agreements with major customers next year to boost business.NRZ general manager Lewis Mukwada told NewsDay that the parasta...

By Staff reporter | Published: 30 November 2017

BUSINESS NEWS

UK, China stampede to lead Zimbabwe recovery

PRESIDENT Emmerson Mnangagwa yesterday met China's assistant foreign affairs minister, Chen Xiaodong, dispatched as a special envoy by Beijing days after Zimbabwe's new leader assumed office.Although ...

By Staff reporter | Published: 30 November 2017

POLITICS

US pledges support for Zim economic recovery

THE US has pledged to continue supporting Zimbabwe in all sectors of the economy and assist with the political and economic reforms following the inauguration of President Emmerson Mnangagwa as the co...

By Staff reporetr | Published: 27 November 2017

ZSE TODAY

Industrials maintains recovery mode at week's opening

ZSE's Industrials stayed in the recovery mode on Monday with heavyweights Delta, Econet, Innscor and SeedCo leading the resurgence.Activity across the board was rather sluggish with only 14 counters r...

By Staff reporter | Published: 05 May 2014

ZSE TODAY

Industrials continue recovery at week's opening

ZSE's Industrials continued to recover on Monday as investors took the opportunity to buy cheap stocks but volumes tumbled with the daily market turnover closing below the psychological $1 million lev...

By Staff reporter | Published: 28 April 2014

INDUSTRIALS & ENERGY

National Blankets on recovery path

National Blankets Limited is slowly emerging out of the woods as it has managed to acquire adequate raw materials to underpin its three-month turnaround programme. The blanket maker was placed under j...

By Staff reporter | Published: 31 March 2014
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