Mnangagwa tells Zimbabweans why the country did not adopt the rand

2019-06-15 12:02

Zimbabwe did not adopt the rand due to onerous conditions set by the South African Reserve Bank

ANC win positive for financial markets

2019-05-11 16:04

The ANC has extended its quarter-century grip on political power and it largely has President Cyril Ramaphosa to thank for halting its decline.

'I am guilty as charged': Zim central bank governor on overvalued bond notes

2019-02-22 11:17

Zimbabwe central bank governor Dr John Mangudya has admitted prejudicing the country’s exporters by exchanging their US dollar earnings at parity with the local bond note, when rates on the parallel market were at a 400% premium.

More distressed Zim companies ring alarm bells

2019-01-11 20:02

One of Zimbabwe's biggest grocery wholesaler N Richards Group says it is losing up to 15% of turnover per day spent without accessing fuel for distribution.

European stock markets mixed at open

2018-12-04 11:42

European stocks were mixed at the start of trading on Tuesday, with London's FTSE 100 index up 0.4 percent at 7,090.64 points.

Europe stocks climb as mining, tech shares rise on volatile day

2018-11-29 15:18

European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell.

Tokyo stocks open higher, extending US rallies on Powell speech

2018-11-29 08:10

Tokyo stocks opened higher, extending rallies on Wall Street that toasted a speech by Federal Reserve Chair Jerome Powell hinting at a slower pace of rate hikes.

Hong Kong quietly flips into world's best place for equity bulls

2018-11-28 09:29

Hong Kong’s equity market has staged quite the rebound this month, laboring along slowly to become the world’s star performer.

Dubai, Abu Dhabi stocks' yearly moves to diverge for first time

2018-11-28 07:49

The fates of the two biggest stock gauges in the United Arab Emirates are set to diverge this year for the first time on record.


Zimbabwe to supply interbank market with $500m on Monday

2019-05-19 08:28

Zimbabwe will supply the interbank foreign exchange market with $500m on Monday as its tries to resuscitate a currency trading system implemented in February that’s been plagued by a lack of liquidity

Some investors are nervously eyeing whether the ANC and EFF together hit 66%

2019-05-09 14:33

Investors have speculated that the rand could rally if the ANC breaches the "mandate threshold" of 58%.

Whats in a name? All you need to know about Zim's new currency

2019-03-15 19:46

In February, Zimbabwe introduced a new currency called the RTGS, or real-time gross settlement dollar, in the process abandoning its long held 1:1 parity between the US dollar and its local transactional instrument - the bond note.


2019-01-15 11:45

AS the #Zimshutdown continues and enters its second day, there are reports that the Zimbabwean government has allegedly shut down the internet.

Tokyo stocks open higher on cheaper yen

2018-12-12 08:03

Tokyo stocks opened higher helped by a cheaper yen and a rebound in European bourses after two days of declines amid lingering concerns over trade conflicts.

Asian dealers trade carefully before Trump-Xi, oil extends gains

2018-11-30 07:40

Asian markets were mixed, with dealers moving cautiously at the end of a broadly upbeat week with focus turning to the much-anticipated meeting between Donald Trump and Xi Jinping.

Worst Asian currencies regain favor with funds as G-20 looms

2018-11-29 08:32

Global investors are already warming to emerging-market Asian currencies - all they want now is a positive sign on trade from Presidents Xi Jinping and Donald Trump.

European stock markets climb at open

2018-11-28 11:06

European stock markets rose at the start of trading on Wednesday following gains in Asia and on Wall Street.

Tokyo stocks open higher as traders eye US-China talks

2018-11-28 08:04

Tokyo stocks opened higher on gains on Wall Street and a cheaper yen, while investors await US-China summit talks amid speculation about a possible trade deal.

Tokyo stocks close higher for third straight session

2018-11-27 09:37

Tokyo stocks rose for the third straight session, as investor sentiment improved following rallies on Wall Street with expectations growing for a year-end shopping spree.

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