Econet propels ZSE

HARARE, November 4 (The Source) – The stock market opened the week strong, with the mainstream industrials index adding 0.37 points to 210.23 points on the back of gains in telecoms group, Econet Wireless. Econet put on 1.90 cents to 63 cents, with 2.7 million… Read More

ZSE falls on low heavyweight bids

HARARE, October 31 (The Source) – The equities market was subdued on Thursday, with losses in middle caps and low bids in heavyweight counters dragging the main Industrial Index  down shedding 0.18 points to close at 209.74 points. National Foods led the fallers, shedding nine… Read More

Govt to review Zimplats indigenisation deal

HARARE, October 31 (The Source) The Zimbabwe government is reviewing previous empowerment deals with foreign owned companies, including the $971 million agreement with the local unit of South Africa’s Impala Platinum. Implats which owns 87 percent of Zimplats, in January this year signed a deal… Read More

Mimosa to set up smelting plant

GWERU, October 31 (The Source) – Mimosa Platinum plans to set up a smelting plant at its Zvishavane mine, an official  said without disclosing financial details of the plan. “Plans are already at an advanced stage to establish a smelting plant and I am pretty… Read More