ZSE remains bearish

HARARE, December 10 (The Source) – The industrial index on Wednesday maintained its bearish trend, shedding 0.13 points to close at 167.64 points, weighed down by losses in Econet and Pearl. Telecoms giant, Econet lost 0,40 cents to trade at 64,50 cents while property stock… Read More

Heavyweights drag ZSE lower

HARARE December 12 (The Source) – Negative trades in heavyweight counters Innscor, Econet and PPC dragged the local bourse down with the industrial index shedding 0.22 points to settle at 167.77 points on Tuesday. Cement maker PPC lost five cents to close at 210 cents, Innscor was… Read More

AfDB extends $110mln facility to Zimbabwe

HARARE, December 9 (The Source) – The African Development Bank (AfDB) has extended a two-year $110 million facility for Zimbabwe as the country turns to the region for funding, the ministry of finance has announced. Finance minister Patrick Chinamasa will on Wednesday sign an agreement… Read More

Russia eyes Zim’s agric sector

By Kuda Chideme, HARARE December 8 (The Source) – A visiting Russian trade delegation has expressed interest in importing agricultural produce from Zimbabwe as the eastern European powerhouse seeks to establish new commodities markets in the wake of Western imposed trade sanctions. Russia already has… Read More