Stocks snap losing streak as Old Mutual activity boosts trading value
HARARE – (FinX) – The stock market snapped a five-day losing streak in midweek trades but only just marginally after recovery from select heavyweight counters.
Activity improved from yesterday to . 777 12 million from...
Struggling manufactured exports, historical imbalances, Zimstat anomalies as trade deficit narrows
HARARE – (FinX) Zimbabwe narrowed its trade deficit in the year to October to US$296.42 million from US$743 million in September after improved exports in October boosted by tobacco and nickel values. The country...
MDC’s Mamombe applies for refusal of further remand
Munyaradzi Doma
MDC-A legislator Joanah Mamombe, who is facing allegations of subverting a constitutional government, has applied for refusal of further remand arguing that she has not been tried nine months after her arrest.
Led by...
Shelter Afrique approves US$20m for housing finance
Farai Mabeza
PAN-AFRICAN housing finance institution, Shelter Afrique, approved a total of US$20m for Zimbabwean housing finance providers during the year, managing director Andrew Chimphondah has said.
Chimpondah told the media at the opening of Shelter...
Chiyangwa loses property worth ZWL$400k
Munyaradzi Doma
A security guard at flamboyant businessman Philip Chiyangwa’s house along Crowhill Drive in Borrowdale has been arrested for allegedly stealing goods worth over ZW$420 000.
Zebediah Mushangwe (27) Domboshava appeared at the Harare Magistrate...
Shelter Afrique, Govt in 3 000 houses deal
Farai Mabeza
Government and Pan-African housing finance institution Shelter Afrique are in the process of designing an agreement to build 3 000 low cost housing units in Zimbabwe, a Cabinet Minister has said.
National Housing and...
ZSE signs MoU to establish receivables exchange platform
Staff Writer
The Zimbabwe Stock Exchange Limited (ZSE) has inked an agreement with the Harare Receivables Exchange Limited (HRE) expected to eventually lead to the establishment of receivables financing platform.
The development comes as Zimbabwe’s productive...
No great expectations from Zanu PF’s annual conference
Tawanda Marwizi
Zimbabweans who continue to struggle through their daily lives while trying to beat the economic challenges they are facing have dismissed the Zanu-PF annual people’s conference, set to begin tomorrow in Goromonzi, Mashonaland...
Harare to procure mobile water treatment plants
Munyaradzi Doma
The Harare City Council will procure mobile water treatment plants for ZW$375 million to mitigate perennial water challenges.
In an interview with The Anchor, Harare City councillor Luckson Mukunguma, who is also the finance...
Stock market loses further ground as hopes of economic stimulus fade
HARARE - (FinX) - The stock market lost further ground on Tuesday as hopes for an economic stimulus continue to fade along with the deteriorating exchange rate. Trading was mostly red though the loss...


















