Tuesday, November 13, 2018
Prosper Ndlovu BH24 Reporter THE tourism industry presents a huge opportunity for the City of Bulawayo to grow its economy and complement efforts to revive the manufacturing sector with significant impact on livelihoods. While the city is regarded as the manufacturing hub of the country, the demise of industry in recent years...
Sibongile Maruta HARARE – Zimbabwe’s cigar wrapper tobacco crop has continued to be popular with farmers with 24 500 kilogrammes having been produced during the 2018 marketing season. The high value tobacco brand is being grown in Burma valley where there are favourable conditions. The crop is being funded by Von Eicken,...
Chipo Sabeta HARARE – Tobacco farmers have grossed $728, 7 million from 249,1 million kilogrammes that have been delivered 100 days into the 2018 marketing season. This is the first time that tobacco farmers has broken the 19-year tobacco output record 238 million kg. This is a gain of more than $180...
SYDNEY - Most Asian share markets crept cautiously higher on Monday as investors awaited developments on proposed Sino-U.S. trade talks and the Chinese yuan rallied away from alarming lows. Spreadbetters pointed to a mildly positive start for European shares with FTSE futures up 0.1 percent. Eurostoxx 50 futures opened 0.3 percent higher. MSCI’s...
BH24 Reporter HARARE - Zimbabwe Stock Exchange-listed Zimplow posted an overall profit after tax of $1, 61 million for the half-year results to June 30, 2018.08.16 This was a 511, 12 percent jump from $0, 26 million in the prior comparable period. The group’s total revenue for the period rose 38 percent...
Fortunate Gora MASHONALAND WEST - Maize traders who tamper with their scales to dupe farmers risk being arrested and should desist from the unscrupulous act, a Government official has said. Briefing Tourism and Hospitality Industry Minister Priscilla Mupfumira at the Mashonaland West Agricultural Show in Chinhoyi during the weekend, Trade Measures...
JOHANNESBURG - South Africa’s rand slipped early on Wednesday, as a renewed slide in the Turkish lira dented appetite for emerging market assets and boosted safe-haven demand. At 0630 GMT, the rand traded 0.2 percent weaker at 14.2800 versus the U.S. dollar, which struck a 13-month peak against a basket of...
It’s been a rough few weeks for social media stocks. If users are the life force of social media stocks like Facebook , Twitter and Snap  , things aren’t looking so hot. Twitter and Facebook have tanked about 23 percent and 15 percent , respectively, since reporting their earnings in...
Enacy Mapakame All of the Zimbabwe Stock Exchange (ZSE)’s indices closed the week to Wednesday in bearish mode as investors adopt a wait-and-see approach over the economy post-elections. Linchpin index, the ZSE All Share Index eased 1,84 to close the week at 112.48 while the ZSE Top 10 Index closed the...
Tawanda Musarurwa HARARE - With global trends showing that cigarette consumption is set to increase, largely in medium and low income countries, Zimbabwe’s largest cigarette manufacturer could benefit from this expected outturn according to analysts. The country’s cigarette market is estimated at 1, 845 billion sticks per year, which implies consumption...