The Zimbabwe Stock Exchange advanced 1.51 percent today to close at 376.69 points while the mining index added 0.12 percent to settle at 126.86 points.
Clothing retail chain, Truworths said it recorded double digit revenue growth across its business in the four months to November 4 on strong demand and expects a profitable half year.
Harare Central Member of Parliament Murisi Zwizwai was surprised on Tuesday that former president Robert Mugabe’s nephew Patrick Zhuwao was not on the list of former Zimbabwe African National Union-Patriotic Front legislators who were expelled from Parliament.
Movement for Democratic Change vice-president Nelson Chamisa yesterday urged President Emmerson Mnangagwa to announce a date by which he will have appointed his cabinet because some people, especially from his Zimbabwe African National Union-Patriotic Front, were not sleeping.
Senator Monica Mutsvangwa was appointed secretary for administration in the Zimbabwe African National Union-Patriotic Front Women’s League and not the secretary of the league itself, which is the highest post in that body, contrary to reports yesterday.
China’s President Xi Jinping is willing to work together with Zimbabwe’s new leader, Emmerson Mnangagwa, an envoy said yesterday, giving hope to the possible revival of ‘mega deals’ signed between the two countries two years ago.
Regional seed producer, SeedCo narrowed its loss after tax to $2 million in the six months to September from $9.3 million in the comparable period last year, attributable to an increase in sales and a decline in finance costs.
British Foreign Minister Boris Johnson says Zimbabwe’s new president Emmerson Mnangagwa must demonstrate his sincerity to reform the country by delivering political and economic reform because a transition from one despotic ruler to another would be a tragedy for Zimbabwe and its people.