Friday, September 21, 2018
  BH24 Reporter HARARE - Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank (Afreximbank) and Exim Bank of India (Exim India). The report, Deepening South-South Trade: An Analysis...
   JOHANNESBURG - South Africa’s rand extended gains early on Wednesday to its highest levels in a week after Tuesday’s announcement of fresh Chinese investment into the country. At 0656 the rand was trading at 13.2500, marginally stronger than its close of 13.2850 in the previous session. President Cyril Ramaphosa announced that Chinese President Xi Jinping...
  The rand was slightly softer against major currencies on Monday morning, with the prospect of further trade tension weighing on sentiment. Finance ministers and central bankers from the Group of 20 (G-20) meeting in Argentina at the weekend failed to make progress in resolving trade tensions. US Treasury Secretary Steve...
LONDON - The Chinese yuan slid to its lowest in more than a year on Friday, further undermining global sentiment and stoking worries Beijing’s currency management could be the next flash point in a trade dispute with the United States. The yuan slid as low as 6.8128 to the...
Enacy Mapakame The local equities market maintained an upward trend as all the benchmark indices closed the week to Wednesday in the black, as demand was sustained across the board. Zimbabwe Stock Exchange (ZSE)’s linchpin All Share Index was 6,91 percent higher to close the week at 111.96 level from 104.72...
Tawanda Musarurwa HARARE - President Emmerson Mnangagwa today launched C-Trade, in one of the biggest developments around Zimbabwe’s capital markets in recent years. C-Trade is an online and mobile trading platform for the trading of shares on the Zimbabwe Stock Exchange and the alternative trading platform, the Financial Securities Exchange (Pvt) Limited...
LONDON - Oil prices slipped on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders eyed potential supply increases by Russia and other oil producers. But global supply remained tight with investors wary over the impact of production losses in several exporting countries. “There are mixed supply signals,” said...
The rand was off to a positive start on Monday, stretching its recent run against the dollar, which helps to ward off the threat of another fuel increase in the near future. In the second quarter, a weaker rand and elevated oil prices conspired to push up fuel prices to record...
The rand strengthened to under R13.30 to the dollar in the early hours of Friday, reaching R13.27 at about 3:30am. At 3am South African time, China reported a record $44.16bn trade surplus, far exceeding the expected $28bn economists’ consensus for June. The portion of China’s trade surplus attributable to the US was $29bn, a figure...
The trade wars are still young, but already people are talking about nuclear winter — or, at least, an Ice Age. The Trump administration Tuesday night threatened tariffs on $200 billion worth of Chinese imports. The long list includes several imports that don’t exist, such as live trout and tape...