Delta Corporation to cut costs and prices as sales fall flat
by The Source SABMiller’s Zimbabwe unit Delta Corporation on Wednesday reported a 19 percent decline in after tax profit to $35,7 million in.
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Zim gets $15mln irrigation grant from Japan
HARARE– Japan has extended a $15 million grant to Zimbabwe, the first since 2000, to develop irrigation systems and improve food security in.
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ZSE October Turnover Falls To Its Lowest Since April 2009
THE Zimbabwe Stock Exchange plunged to its lowest turnover since April 2009 in October as negative sentiment on the market continues to widen..
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Foreign investors dominate Zim Stock Exchange
Foreign investors will continue domination on the Zimbabwe Stock Exchange (ZSE) unless there is fresh tailwind on the local space, a leading brokerage.
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More prominent citizens sink under debts
AS the economic climate in Zimbabwe gets more unforgiving, a number of prominent citizens are failing to service their debts, resulting in many.
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Zinwa water cuts costs us $10mln worth of ethanol :Green Fuel
CHIPINGE – Green Fuel says it has lost $10 million worth of ethanol and power after the Zimbabwe National Water Authority (Zinwa) cut.
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Technology
Econet, MoneyGram launches new mobile money transfer service
HARARE – Zimbabwe’s largest mobile telephone company, Econet Wireless, and global money transfer giant MoneyGram on Tuesday launched a new mobile money platform.
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Inflation down 0,34%
YEAR-ON-YEAR inflation for the month of September stood at -3,11%, shedding a 0,34% point on August 2015 rate of -2,77% as deflationary pressures.
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Chinamasa says government to approach World Bank, IMF for new loans
by Reuters THE government will seek new loans from the International Monetary Fund, World Bank, and African Development Bank to stem the economic.
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Stock market loses US$27m in a week
by RBZ Deposit rates: During the week ending October 2, average deposit rates for savings, one month and three-month tenors remained unchanged at.