Africa’s schooling without learning

By Atukwei Okai, ACCRA – As the school year began this September, there was welcome news for Ghana’s nearly half-million students entering high school: President Nana Akufo-Addo had fulfilled his campaign promise of free secondary education for children nationwide. He swore not only to do… Read More

ZSE sprints past 500-point mark

HARARE, October 15 (The Source) – Local investors reacted to a Cabinet reshuffle in the week by piling onto the stock market, leading to the mainstream index hitting another record setting level of 505,32 on Friday.As President Robert Mugabe has shown time and again, he… Read More

Is Africa still rising?

By Brahima S. Coulibaly, WASHINGTON, DC – Between 2000 and 2014, Africa grew at a strong clip, fueling belief in the narrative of an “Africa rising.” But, since 2015, growth across Sub-Saharan Africa has weakened, and the poor outlook for commodity prices has cast doubt… Read More

Delta buys Zambia’s National Breweries

HARARE, October 13 (The Source) – Listed beverages manufacturer Delta Corporation, (Delta), says it is set to acquire a controlling stake in Lusaka Stock Exchange-listed sorghum beer company, National Breweries Plc (NatBrew), from its parent firm, Anheuser-Busch InBev SA/NV (AB InBev).Company secretary Alex Makamure said… Read More

ZSE market cap breaches $14bln

HARARE, October 12 (The Source) – The Zimbabwe Stock Exchange market capitalisation on Thursday reached $14,01 billion with market turnover amounting to $30,4 million, the highest daily turnover since 2014.

Delta Beverages feels cash crunch

HARARE, October 11 (The Source) – Zimbabwe Stock Exchange-listed beverages manufacturer, Delta Corporation (Delta), says its sorghum beer volumes for the quarter to September were down three percent, affected by cash shortages in the main markets.

ZSE bull run picks up pace

HARARE, October 11 (The Source) – The stock market bull run accelerated on Wednesday, with the main industrial index gaining 3,95 percent to 487,14 points while the mining index added 1,73 percent to 137,52 points.