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Gold steadies

LONDON – Gold steadied yesterday near 4-month lows as the dollar’s uptrend paused, but prices of the precious metal are expected to remain under pressure from a significantly stronger U.S. currency and weak investment demand. Spot gold was up 0.4 percent at $1,309.34 an ounce at 1302 GMT. It touched …

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Powertel scoops Best Exhibitor Award @ ZITF 2018

Local Internet Access Provider and telecommunications giant, Powertel Communications, walked away with the coveted Silver Medal Award for setting up the 2nd Best ICT Exhibit during the ZITF 2018 showcase, following hot on the heels of Econet Wireless who scooped the Best ICT & Overall Exhibit Award. Expressing great delight …

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2018 cotton selling season comes to life

Martin Kadzere Senior Business Reporter MOST cotton farmers have started delivering their harvested crop to common buying points ahead of the 2018 selling season expected to start next week. Following the rebound last season, output is expected to be “significantly higher” this year compared to 74 000 tonnes delivered last …

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POS machines reach 70 000

Livingstone Marufu Business Reporter Point of Sale (POS) machines increased 20 percent to 70 000 from 56 000 units by end of last year as the country moves closer to fulfilling targets set under the financial inclusion strategy and resolving the challenge of cash shortages. The Reserve Bank of Zimbabwe …

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ED condemns use of police in party polls

Felex Share Senior Reporter President Mnangagwa yesterday described the use of police officers and other security agencies in the management of zanu-pf primary elections by some aspiring candidates as a violation of law and said the practice must stop forthwith. The Head of State and Government, who is also the …

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