Concern over Zimbabwe’s falling exports

HARARE, Sep 16 (The Source) – Zimbabwean exports to Mauritius are declining by $1 million annually while imports from Mauritius to Zimbabwe are increasing by the same amount every year, showing the collapse of the local industry’s productive capacity, an industry official said on Monday.… Read More

ZSE opens week lower on Econet loss

HARARE, Sept 16 (The Source) – The Zimbabwe Stock Exchange’s main industrial index opened the week in the negative, shedding 0, 57 points or 0, 30 percent to close at 187, 78 points, pegged back by losses in Econet and Dairibord amid few trades. Telecoms giant Econet… Read More

ZSE closes week on losing note

HARARE, September 13 (The Source) – The Zimbabwe Stock Exchange’s main industrial index dropped a further 1.89 points (0.99 percent) to close at 188.35 points on Friday, dragged low by losses in heavyweights Delta and Econet. Delta shed 4.81 cents to close at 120.09 cents… Read More

TA Holdings records $39 million income

HARARE, September 12 (The Source) – Diversified group TA Holdings has recorded a 12 percent jump in income to $39 million for the half year ended 30 June 2013, driven by positive performance of its subsidiaries. However, the group’s operating profit was down eight percent… Read More

Call for law to plug diamond leakages

By Chipo Musoko, HARARE, September 11 (The Source) – Stakeholders in the mining industry have urged the government to come up with legislation to plug leakages that are rampant in the diamond sector. Addressing local and regional delegates attending an ‘Alternative Mining Indaba,’ Zimbabwe Environmental Law… Read More