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

ZSE remains bearish

HARARE, December 18 (The Source) – The industrial index remained bearish for the third day this week after losing 0.50 points to close at 199.59 points as the market seeks direction from the 2014 budget to be presented on Thursday. There were no positive trades as investors… Read More

November Inflation declines

HARARE, December 16 (The Source) – Zimbabwe’s year on year inflation slowed to 0.54 percent in November from 0.59 percent in October, the national statistics agency said on Monday. The month-on-month inflation rate was 0.09 percent, gaining 0.10 percentage points on the October rate of … Read More

ZSE slips on Delta loss

HARARE, December 13 (The Source) – The stock market closed the week bearish, with the main industrial index retreating 3.20 points to 204.12 points on the back of negative trades in heavyweights,  Delta and Innscor. The beverage maker shed five cents to 140 cents with… Read More