Markets

8 hours ago | April 8, 2020

Coronavirus impact sees Glencore Zambian unit shut copper mines

LUSAKA - Glencore’s Zambian unit Mopani Copper Mines (MCM) will shutter its mines on Wednesday following disruption from ...

1 day ago | April 7, 2020

France’s Total sells assets in Brunei, Sierra Leone, Liberia

PARIS - Total said on Tuesday it had sold assets in Brunei, Sierra Leone and Liberia, which the French energy group said ...

2 weeks ago | March 27, 2020

Munatsi for ZIDA: Right name, but work is cut out

On Tuesday this week, President Mnangagwa appointed Douglas Munatsi as the first chief executive officer for the newly ...

Gold market faces unprecedented turmoil

From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to ...

Stock Market Weekly Review

The Zimbabwe Stock Exchange (ZSE) recorded marginal gains last week as four of the benchmarks closed in the positive.

Investors look to 2008 for guidance on when to come back

Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock ...

3 weeks ago | March 20, 2020

. . . as coronavirus likely to trigger capital exodus

The spread of the coronavirus and tumbling oil prices could trigger a capital exodus from Africa, where governments have ...

Africans scramble for groceries

KIGALI. — Alarmed consumers thronged markets across Africa on Tuesday, many in masks and gloves, to stock up as the ...

3 weeks ago | March 19, 2020

Credit markets flash red as coronavirus hits corporate America

From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate ...

Rand weakens ahead of interest rate decision

South Africa’s rand tumbled to a more than four-year low on Thursday ahead of an interest rate decision, as the ...

3 weeks ago | March 17, 2020

Rand claws back some lost ground

South Africa’s rand strengthened against the dollar in early trade on Tuesday, a day after the country’s currency, ...

4 weeks ago | March 13, 2020

Exchange rate: Mthuli on the wheel

That the foreign currency interbank market was not working was never in question as evidence was there for all to see.

Patterns of categorisation in street vending

How does one begin to categorise the actors and stakeholders of the second largest informal sector in the world?

2 months ago | February 21, 2020

Increasing sales volumes

Your company just launched a brand new product that is supposed to be a game-changer for your business. Not only is the ...

British retail sales bounce back

Retail sales improved in January, increasing by 0,9 percent on the previous month, official figures show.

Amplats appoints new CEO

Anglo American Platinum has announced Natascha Viljoen as its new CEO following the decision of Chris Griffith to step ...

Qantas warns coronavirus impact could hit $99m

Qantas has warned of a severe financial impact as the potentially deadly coronavirus dampens demand for travel in Asia.

Solar, wind power win in markets

This will almost certainly be a record-breaking year for the advance of solar and wind power across the US.

Zim gets US$259m in FDI

Zimbabwe received just over US$259 million in Foreign Direct Investment in 2019, the second lowest since 2011. The ...

2 months ago | February 14, 2020

Willdale banks on Govt projects

Zimbabwe Stock exchange-listed brick manufacturer and supplier, Willdale Limited, places great prospects for growth and ...