Bindura gains drive mining index higher

HARARE, December 11 (The Source) – Gains in nickel miner Bindura lifted the mining index by three percent on Monday to close at 136,78 points while the main industrial index opened weaker on growing confidence on the country’s economic direction.

ZSE sheds 10pct as market stabilises

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

Five take aways from the budget

HARARE, December 7 (The Source) – Finance Minister Patrick Chinamasa on Thursday presented the first budget under the presidency of Emmerson Mnangagwa, seen as key to Zimbabwe’s economic recovery by restricting thresholds of the controversial Indigenisation Act to platinum and diamonds while re-engaging foreign debtors… Read More