The Zimbabwe Stock Exchange’s market capitalisation reached $5 billion today after the industrial index rallied by 0.65 percent to close at 171.48 points, its highest since September 30, 2014.
Zimbabwe received 2.1 million tourists in 2016, up from 2.06 million in the previous year and earned the country $890 million, latest statistics released by the Zimbabwe Tourism Authority show.
Zimbabwe’s biggest chicken breeder, Irvine’s today said it had detected and contained an avian influenza outbreak at one of its properties.
The Opposition Movement for Democratic Change led by Morgan Tsvangirai has suffered a terrible bow after independent election watchdog, the Zimbabwe Election Supervisory Network, said the Chinese company that won the tender to supply biometric voter registration kits, the Laxton Group, is a reputable company.
Lafarge Cement’s revenue for the first quarter to March was 15 percent lower than comparable period last year due to low aggregate demand caused by excessive rainfall and falling disposable incomes, chief executive Amal Tantawi said yesterday.