GEM RioZim Investments ups stake in RioZim

HARARE July 3 (The Source) – Resources group RioZim’s major shareholder, GEM RioZim Investments has increased its shareholding in the company after taking up more than 20 million ordinary shares following a $10 million rights issue which was subscribed by 67 percent.   RioZim directors… Read More

Zim annualised inflation declines

HARARE, June 15 (The Source) – Zimbabwe’s annual inflation for the month of May eased by 0.05 percentage points to -2.70 percent from -2.65 percent recorded in April 2015, the national statistics agency said on Monday. On a monthly basis, inflation stood at -0.19 percent… Read More