The Zimbabwe Stock Exchange All Shares index dropped 8.68 percent in January to close at 91.32 points, on profit taking in most counters as the local bourse continues to correct itself from the bull run that ended in November last year.
Britain’s Minister for Africa for the Foreign and Commonwealth Office and the Department for International Development, Harriett Baldwin, arrived in Zimbabwe today.
Agro-industrial group TSL on Tuesday reported a 75 percent increase in net income to $4.8 million in the full year to October 2017 from $2.8 million in the previous year, driven mainly by a recovery of the company’s agriculture operations.
Gold producer Pan African Resources (Panaf) says that it is in exclusive negotiations with ASA Resource Group to acquire assets and liabilities in Zimbabwe.
President Emmerson Mnangagwa has appointed High Court Judge Prisicllah Chigumba as the chair of the Zimbabwe Electoral Commission taking over from Rita Makarau who resigned soon after Mnangagwa took over the reins of the country.