The Zimbabwe Stock Exchange industrial index advanced 15.64 percent in August to 235.03 points, the highest since dollarisation, driven by the gains in all heavyweights.
Standard Chartered Zimbabwe’s after tax profit for the six months to June increased 13 percent to $6.83 million compared to $6.05 million in the same period in 2016 largely on the back of credit loss containment and a reduction in costs.
Movement for Democratic Change leader Morgan Tsvangirai told South African President Thabo Mbeki that he was no match for Zimbabwean President Robert Mugabe so he could not negotiate a solution for Zimbabwe alone.
Movement for Democratic Change leader Morgan Tsvangirai’s life has taken a turn for the worse since his wife, Susan, died in car accident eight years ago.
Transport Minister Joram Gumbo today said there are no factions but just cliques in the Zimbabwe African National Union-Patriotic Front.
The Zimbabwe Electoral Commission has dismissed reports implying that Zimbabweans with metal identity cards will not be allowed to register in the forthcoming biometric voter registration exercise.