Business news (30-08-07)

Additional information from Business Day
INSURANCE giant Old Mutual plans to dispose of 20% of its stake in its Zimbabwean operation to black staff as government...

Govt debt soars to $8 trillion

GOVERNMENT'S domestic debt has soared to $8 trillion, increasing by 19,4% in two weeks from $6,7...

Expenditure hits money market

HARARE - Money market interest rates have taken a huge knock from as high as 350%...

Sacob fears Zim affect on region


JOHANNESBURG - The South African Chamber of Business (Sacob) has expressed concern over the crippled Zimbabwean...

Freight industry ‘facing collapse’


BULAWAYO - The freight industry faces collapse, as it is currently operating at below 30% due...

ZSE slows as investors wait


HARARE - Growing uncertainty characterises trade on the Zimbabwe Stock Exchange, prompting the financial markets to...

MIMOSA Platinum’s production (14-08-07)

MIMOSA Platinum produced 154 448 platinum group metal ounces in the 12 months ended June 30...

Domestic debt increases by 19.4%% in two weeks (10-08-07)

GOVERNMENT’S domestic debt has soared to $8 trillion, increasing by 19,4% in two weeks from $6,7...

Business leaders’ ’90-day solution’

HARARE  - Zimbabwe's fawning business leaders have tabled an ambitious economic recovery and rescue plan, to...

Business Briefs

Zim is rock-bottom
HARARE - A leading international research group, the Fraser Institute, has ranked Zimbabwe the...

OK Zimbabwe registers loss (08-08-07)

ZIMBABWE Stock Exchange (ZSE) retailer OK Zimbabwe said it registered an operating loss in the month...

‘Operation Murambatsvina destroyed the informal sector, and now this is destroying the formal sector

Businesses reel in price-slash fiasco
Panic and desperation set in as retailers run out of goods
BY...

Two in court over Econet losses

Mobile firm alleges it has been defrauded of US$77,000
BY BUSINESS CORRESPONDENT
A LOCAL software company is alleged...

BRIEFS

 

Silver falls short
TOP Zimbabwean clay target shooter Mike Nicholson missed automatic qualification for the 2008 Beijing...

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