The stock market bull run accelerated today, with the main industrial index gaining 3.95 percent to 487.14 points while the mining index added 1.73 percent to 137.52 points.
Econet Wireless Zimbabwe’s mobile money platform, EcoCash today suspended the use of its debit card to pay for international transactions, as the country’s foreign currency shortage intensifies.
The Zimbabwe Energy Regulatory Authority (ZERA) says two international firms have submitted bids to provide fuel marking services as it battles to meet a 2018 first quarter deadline.
Vice-President Emmerson Mnangagwa, still smarting from the humiliation of being stripped his powerful post of Justice Minister- it made him leader of the House of Assembly-,is likely to have his day today when he defends himself against allegations made against him by Higher Education Minister Jonathan Moyo that he is after the throne.
There have been a series of stories about how corrupt new Finance Minister Ignatius Chombo is, referring to the fortune he has built for himself over the years.
President Robert Mugabe yesterday made changes to his cabinet replacing Finance Minister Patrick Chinamasa with Home Affairs Minister Ignatius Chombo.