By Kofi A. Annan, The Internet and social media were once hailed for creating new opportunities to spread democracy and freedom. And Twitter, Facebook, and other social media did indeed play a key role in popular uprisings in Iran in 2009, in the Arab world… Read More
HARARE, February 19 (The Source) – The Zimbabwe’s stock market opened lower on Monday, with the All Shares Index shedding 0,47 percent to 88,4 points after losses in Delta and SeedCo. Beverage maker Delta eased 0,78 percent to settle at 160 cents while Seedco eased… Read More
HARARE, February 19 (The Source) – Anglo-American Platinum’s local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an increase of two percent from 162,000oz last year. The world’s largest platinum producer said it expects to complete the smelter at Unki… Read More
By Respect Gwenzi, HARARE, February 19 (The Source) – Simbisa Brands, a local quick service restaurant brand with huge regional exposure and a listing on the ZSE, has announced a firm intention to acquire an international restaurant group once shareholders and regulatory approvals are secured.… Read More
HARARE, February 19 (The Source) – Wine and spirits maker African Distillers (Afdis) reported a 57 percent rise in after tax profit to $2,8 million in the six months to December, 2017 from $1,8 million in the prior comparable period. Revenue rose 18 percent to… Read More
By George Soros, The current moment in world history is a painful one. Open societies are in crisis, and various forms of dictatorships and mafia states, exemplified by Vladimir Putin’s Russia, are on the rise. In the United States, President Donald Trump would like to… Read More
HARARE, February 15 (The Source) – Opposition Movement for Democratic Change leader Morgan Tsvangirai died in South Africa on Wednesday after a long battle with colon cancer. Here we follow reactions across the political spectrum to his passing.
HARARE, February 14 (The Source) – Zimbabwe’s opposition Movement for Democratic Change leader Morgan Tsvangirai has died in South Africa after a long battle with cancer, the opposition party announced on Wednesday. “Its sad for me to announce that we have lost our icon and… Read More
HARARE, February 13 (The Source) – The proposed Public Entities Corporate Governance Bill has criminalised the award of loans by parastatals to executives and prescribed jail terms of up to one year for board members who approve such loans as part of measures to strengthen… Read More
HARARE, January 2 (The Source) – The Zimbabwe Stock Exchange All Shares index starts the year in the red after dropping 2,15 percent to settle at 97,95 points with some heavyweight counters slipping. The local bourse rolled out the All Share Index and the Top… Read More
HARARE, December 24 (The Source) – The Zimbabwe Stock Exchange’s main industrials index eased 3,26 percent in the week to settle at 317,73 points on renewed confidence in the country’s economic direction ahead of the festive holidays. The mining index however gained 0,54 percent to… Read More
Emmerson Mnangagwa has been the president of Zimbabwe for 26 days and it has been 30 days since longtime leader Robert Mugabe was forced to quit. The problems Mugabe created and nurtured are providing Mnangagwa with his early challenges. How does he address the biting… Read More
HARARE, December 10 (The Source) – The Zimbabwe Stock Exchange mainstream index shed 10,16 percent to close the week on 335,97 points, on losses in selected heavyweight counters as punters see positives in the country’s economic direction. The mining index however gained 4,67 percent to… Read More
HARARE, December 7 (The Source) – Finance minister, Patrick Chinamasa on Thursday presented the 2018 National Budget in Parliament. Here are some key allocations.
HARARE, December 7 (The Source) – Electrical goods manufacturer and retailer, Powerspeed’s after tax profit more than doubled to $1,1 million in the full year to September from $454,471 in the previous year on increased revenue. Revenue rose 30 percent to $53,9 million from $41,6… Read More