LAGOS - Dangote Industries, majority shareholder in Dangote Cement, on Monday sold 1.5% of its stake in Nigeria's biggest listed firm to South Africa’s Public Investment Corporation (PIC) for $289.3...
By Reuters | Published: 11 June 2013
FORMER South Africa president Nelson Mandela remains in a "serious but stable" condition in a Pretoria hospital despite some speculation that he was set to be moved to his Eastern Cape home of Qunu.He...
By Sapa | Published: 11 June 2013
London - Mining stocks were among the top fallers as European shares edged lower on Monday, dragged down by weak data from the world's largest consumer of raw materials China.Miners fell 0.7% after Ch...
By Reuters | Published: 11 June 2013
Tokyo - The dollar strengthened in Asian trade Monday thanks to a better-than-expected US jobs report, as traders turn their focus to an upcoming policy meeting at the Bank of Japan.In Tokyo afternoon...
By AFP | Published: 11 June 2013
Johannesburg - The JSE was up slightly on Monday at midday as rand hedge stocks helped lift the local bourse despite losses in banks and retail counters.“The rand is the main factor driving movement...
By I-Net Bridge | Published: 11 June 2013
Washington - President Barack Obama on Monday will nominate longtime adviser Jason Furman to be his new chief White House economist, an administration official said.Furman, who will replace economist ...
By Reuters | Published: 11 June 2013
London - Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20bn was short of the mark by $9.6bn, Britain's Gua...
By Reuters | Published: 11 June 2013
New York - Hiring by US firms was sluggish in May while a sharp rise in mortgage interest rates last week weighed on what had been a buoyant housing market, adding to signs the economy had lost some m...
By Reuters | Published: 11 June 2013
London - The number of job vacancies in London's financial services sector rose 20% between April and May as employers took comfort from more stable financial markets, a recruiter said on Monday.Job v...
By Reuters | Published: 10 June 2013
London - The dollar bounced higher against the yen and Japanese stocks led a rise in world shares on Monday as signs of economic momentum in the United States and Japan outweighed worries about a slow...
By Reuters | Published: 10 June 2013
Brussels - International Relations Minister Maite Nkoana-Mashabane said that trade and investment figures and how to improve these under the "current global meltdown" was discussed with the European C...
By Sapa | Published: 10 June 2013
Emirates SkyCargo, the freight division of Emirates, has cemented its position as a leading global player in air cargo industry by winning the 'Cargo Airline of the Year 2013' award at the Air Cargo W...
By Xolani Nsingo | Published: 10 June 2013
Innscor shares were buoyant at week's opening dosing above a $1 at $1,05 to surpass the $1,03 record reached on February 4 this year as the Industrials extended their record rise closing just shy of t...
By Business reporter | Published: 10 June 2013
Zimbabwe has in the past five months registered 14 percent growth in tourist arrivals with Africa dominating in terms of receipts and volumes.According to official data released by the African Deve...
By Staff reporter | Published: 10 June 2013
The recent introduction of daily Air Zimbabwe flights to Johannesburg using the A320 Airbus has impacted positively on the market, with airfares on the regional route falling by up to 60 percent.Oth...
By Business reporter | Published: 10 June 2013
A CHINESE bank has agreed to finance the Hwange Thermal Power Station expansion. Permanent Secretary in the Ministry of Energy and Power Development Mr Partson Mbiriri revealed this at theConfederati...
By Staff Reporter | Published: 10 June 2013
"ZIMBABWE will see an economic recovery within months." A pipe dream? Possibly not.Ian Saunders, CEO of junior gold miner New Dawn, is one of many business people who last week expressed versions of ...
By Tina Weavind I BDlive | Published: 10 June 2013
ZIMBABWE has been classified a "grant-only country" status by the African Development Bank (AfDB) and requires the same nod from the World Bank to qualify for debt relief and interest-free loans unde...
By Ndamu Sandu I The Standard | Published: 10 June 2013
INNSCOR Africa Limited has been evicted from its Arundel Spar supermarket premises after allegedly failing to abide by terms of the lease agreement.The diversified manufacturing and retail conglomera...
By Business Reporter | Published: 10 June 2013
Finance Minister Tendai Biti said on Thursday the unemployment rate in Zimbabwe is nine percent and not the eighty five percent that has been touted in some quarters.In a bid to portray the country ...
By Staff reporter | Published: 10 June 2013
Zimbabwe moved a step closer to re-admission into the IMF after Finance Minister Tendai Biti and RBZ governor Gideon Gono signed documents which commit to the institute's Staff Monitored Programme.Bi...
By Financial Express | Published: 10 June 2013
ADDIS ABABA, Ethiopia - The 20th Ordinary Session of the Conference of the African Union Ministers of Industry (CAMI) will take place in Nairobi, Kenya from 10-14 June, 2013. Organized under the the...
By Moyo Roy | Published: 10 June 2013
Arundel Spar, one of Innscor's corporate stores has been evicted from the Arundel Shopping Centre premises after a long protracted wrangle (4 years) with the landlord.Last year, Eastlea SPAR which wa...
By Business reporter | Published: 10 June 2013
Dairibord will spend $600 000 to procure a new ultra-high temperature (UHT) milk machine from Finland, which is expected to boost production capacity.Dairibord COO Themba Mutsvairo told an investors ...
By Financial Express | Published: 10 June 2013
Econet Wireless Limited is to change the name of its banking subsidiary, TN Bank Limited, to Steward Bank Limited, sealing the transformation of the commercial bank expected to capitalise on Econet'...
By Business reporter | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
