ZSE extends losses

HARARE, August 20 (The Source) – The stock market remained depressed on Tuesday with the benchmark index closing weak on low trading volume heads ahead of the presidential inauguration on Thursday and the expected appointment of a new Cabinet this Saturday. Only nine counters were… Read More

Negative sentiment persists on ZSE

HARARE, August 8 (The Source) – The stock market remained in the red on Thursday as negative sentiment persisted with relations between President Robert Mugabe and the West continuing to deteriorate following his election victory last week. Addressing his ZANU-PF party’s Politburo on Wednesday, President… Read More

RioZim posts $2.3 million loss

By Chipo Musoko, HARARE, August 7 (The Source) – Zimbabwe Stock Exchange-listed mining concern, RioZim has posted a $2.3 million loss for the half-year ended 30 June 2013, an improvement on the $4.9 million loss recorded last year on the back of high interest costs… Read More