HARARE, January 16 (The Source) – Bitcoin plummeted more than 15 percent on Tuesday to trade below $12,000 globally after South Korea suggested that it could impose a ban on the trading of digital currencies.
HARARE, January 16 (The Source) – Losses in Econet and Innscor sent the ZSE Top 10 index lower by 1,02 percent on Tuesday amid profit-taking in the big cap counters.
HARARE, January 16 (The Source) – Deposit taking microﬁnance institution GetBucks’s $15 million bond, which was placed privately by way of a ‘tap issue,’ has had no takers so far due to low investor appetite for monetary assets, officials familiar with the matter said on… Read More
HARARE, January 16 (The Source) – Moribund steelmaker, Ziscosteel on Tuesday announced that it will be seeking approval from its minority shareholders to allow Government to assume its debt estimated at $450 million, and its takeover by Hong Kong firm, Tian Li.
HARARE, January 16 (The Source) – Beverage maker Delta Corporation reported a 24 percent increase in revenue for the third quarter to December 31 driven by a sharp rise in demand over the festive period.
HARARE, January 15 (The Source) – Zimbabwe’s inflation rose to 3.46 percent on an annualised basis in December after gaining 0.49 percentage points on the previous month, Zimbabwe’s statistics agency said on Monday.
HARARE, January 15 (The Source) – The Office of the President and Cabinet (OPC) has warned government employees in charge of procurement to avoid being used by politicians to engage in corrupt deals.
HARARE, January 15 (The Source) – The Zimbabwe Stock Exchange All Shares index was flat after Monday’s trades, with losses in mid-cap stocks cancelling out slight gains in heavyweight counters.
HARARE, January 15 (The Source) – Zimbabwe’s state diamond company is this year expected to produce 3 million carats up from 1,8 million carats last year, Mines minister Winston Chitando told Parliament on Monday.
HARARE, January 15 (The Source) – Time Bank says it will reopen its doors to the public, 14 years after it was shut down and years of running battles to restore its banking licence.
HARARE, January 15 (The Source) – The Caledonia Mining Corporation owned Blanket Mine achieved a record production of 56,135 ounces in 2017, 11,4 percent higher than the prior year and marginally higher than targetted.
By Charlotte Aubin, PARIS – For much of Africa, the transition from fossil fuels to cleaner forms of energy is seen as an environmental imperative. With fossil fuels comprising a majority – as high as 70% in some cases – of the energy mix, the… Read More
HARARE, January 12 (The Source) – Zimbabwe foreign exchange receipts increased by 3,77 percent to $5,5 billion in 2017 from $5,3 billion in the previous year on increased exports, and diaspora remittances, central bank governor said on Friday.
HARARE, January 12 (The Source) – Zimbabwe’s new government needs to speed up economic reforms necessary to improve the investment climate as the country faces a poor agricultural season, the European Union’s (EU) ambassador to Zimbabwe Philippe Van Damme has said.
By Gilbert Makore, HARARE, January 12 (The Source) – Winston Chitando has made the great leap, from running Mimosa Platinum Mine to superintending over the Zimbabwe government’s ministry of mines.