Monday, June 18, 2018
BH24 Reporter HARARE – Chegutu-based gold producer, Pickstone-Peerless Gold Mine’s first quarter gold output rose 4 percent to 6 326 ounces, from 6 057 ounces in the previous quarter. Parent company, Vast Resources (which owns a 25 percent stake in the gold mine) said the rise in output came notwithstanding a decline in...
Chipo Sabeta Playing golf is great fun, but also offers a wide range of mental and physical benefits. The health benefits of golf are far greater than most of us seem to believe, and may have a much greater and broader impact on our well being than we may have realised. Golf...
HARARE – For the week ending today, the Zimbabwe Stock Exchange’s All Share Index went down 1.03 points (or 1, 17 percent). In trades today, the All Share index further slipped by 0.60 points to settle at 87.26 as trading was dominated with losers. British American Tobacco jumped down $1, 6862 to...
HARARE – The Zimbabwe Stock Exchange’s All Share index was marginally up by 0.03 points to settle at 89.53 as Innscor put on $0, 0226 to close at $0, 8767, while giant retailer OK Zimbabwe was up by $0, 0050 to $0, 1650 while telecoms giant Econet rose by...
Tawanda Musarurwa HARARE – Fast foods group Simbisa Brands is looking to acquire foreign complementary business – Foodfund – once it completes its proposed listing on the London Stock Exchange (LSE). Foodfund is a family-owned and operated business incorporated in the United Arab Emirates, the British Virgin Islands and the Republic of...
HARARE – The Zimbabwe Stock Exchange’s All Share Index was marginally up by 0.01 points (or 0, 01 percent) to close at 91.37 as giant insurer Old Mutual shifted up by $0, 0908 to close at $5, 2000, while cement producer PPC rose by $0, 0500 to end at...
The rand was back over R12 to the dollar on Tuesday morning as the hope of ANC president Cyril Ramaphosa replacing President Jacob Zuma before the February 8 state of the nation address faded. The rand was trading at R12.02 to the dollar, R14.87 to the euro and R16.88 to...
Kudzanai Sharara Zimbabwe has an external debt overhang of more than $10 billion while domestic debt is forecast to close the year at approximately $3 billion. The bulk of the external debt is in arrears to institutions such as the African Development Bank, the World Bank and the Paris Club. These...