The Zimbabwe Stock Exchange industrial index advanced 13.37 percent to 162.34 points, its highest for over two years while the resources index also broke new ground.
Zimbabwe’s Parliament must put pressure on the government to align its laws with the constitution because the constitution took years of resources and manpower in its making.
The United States of America’s embassy in Zimbabwe has banned its personnel from flying state-owned Air Zimbabwe after the airline was barred from entering Europe for failing to address safety deficiencies picked up during European Aviation Safety Agency (EASA) operator audits.
Barclays will sell shares worth $2.83 billion in Barclays Africa Group, the bank said today, increasing the size of the planned stake sale due to investor appetite and marking a completion of its planned sell down.
Sweden yesterday announced an $8 million grant meant to build the capacity of Zimbabwe’s rural communities to deal with climate-induced disasters.
People smugglers are making about $35 billion a year worldwide though thousands of migrants are dying before they make it to Europe where they hope for a better life, the head of the International Organization for Migration William Lacy Swing said today.
The People’s Own Savings Bank (POSB) has reported a net profit of $2.34 million for the first quarter to March 31, driven by higher mobile transactions.