The Zimbabwe Stock Exchange’s industrial index gained 0.25 percent to 524.51 points yesterday while the mining index advanced 1.70 percent to close at 140.62 points.
Zimbabwe’s small scale sugarcane growers on today told the Senate that their fields are continuously being subdivided by greedy senior government officials, hitting hard their production.
Zimbabwe’s broke government has released $4 million to settle overdue sitting allowances for Members of Parliament, about 50 percent of the total owed, Clerk of Parliament Kennedy Chokuda said on today, calming restive legislators.
The Zimbabwe Stock Exchange industrial index advanced 24.73 percent in October to close at 521.85 points, as the hunt for stocks on the local bourse shows no signs of letting up.
Norton legislator Temba Mliswa raised a furore in Parliament yesterday when he asked whether Members of Parliament were going to be paid their constituency development fund allowances in bond notes or in United States dollars because bonds notes had lost value.
Three weeks after firing his deputy Emmerson Mnangagwa as Justice Minister, President Robert Mugabe has said that he is in favour of resuming the death penalty.
Chinese telecoms giant ZTE says it intends to expand its footprint in Zimbabwe’s information technology and communication (ICT) sector with plans to invest in 4G and 5G technology.
The Zimbabwe Power Company (ZPC) sent out a total of 2029.88GWh of electricity against a target of 2124.59GWh in the third quarter of 2017, missing the production target for the quarter by 4.46 percent leading to resumption of load shedding in some parts of the country.