BAT, TSL gains shore up ZSE

HARARE, January 7 (The Source) – The industrial index on Tuesday recovered 0.98 points to close at 201.52 points, breaking the sequence of losses since the beginning of the year. Among the gainers were BAT, which advanced 79 cents to 1,280 cents on the sale… Read More

OPINION – Zimbabwe needs an epiphany

By Farai Murambiwa, HARARE, December 20 (The Source) – Our inability to perceive opportunities right in our faces is spectacular, failure to maximise the same becomes unsurprising. Zimbabwe’s tourism appeal is nowhere closer to where it was before. The United Nations World Trade Organisation (UNWTO)… Read More

ZSE rebounds on post-budget gains

HARARE, December 20 (The Source) – The stock market closed the week solidly, with the industrial index gaining 3.12 points to end the week at 201.98 points in the first trade following the announcement of the 2014 budget. Positive trades in heavyweights, Delta, Innscor and… Read More

Reactions to the 2014 budget

Tendai Biti – Former finance minister and MDC-T secretary-general The projected GDP growth rate for 2014 is unrealistic. The underlying projections that the economy will grow are false and fictitious. The country is starved of capital hence the modest budget of $4 billion. The budget… Read More

Zimbabwe 2014 budget highlights

Chinamasa presents $4.4 billion national budget. Economy to grow by 6.1 % in 2014. Exports seen reaching $5 billion in 2014, from $4.43 bln this year. Imports ballooning to $8.3 billion in 2014 from $7.6 bln this year. Government to assume $1.35 billion Reserve Bank… Read More