NEWS


IMF's Christine Lagarde in Positive Meeting with President Mnangagwa

President Mnangagwa met Ms. Lergade at the World Economic Forum. Ms. Lergade is positive on relations going forward.


Editorial: Mr. Chamisa(and the MDC) Should Focus on Important Issues, not Trivia

Mr. Chamisa and his MDC counterparts should focus on majors issues. War veterans welfare is hardly the issue to cry about.


President Mnangagwa is Set to Attend the World Economic Forum in Davos. We Give You an Explainer of The Event.

For the first time zimbabwe is sending its president to the annual meeting of the Word Economic Forum in Switzerland. Whats at stake?


Zimbabwe opposition figure Roy Bennett dies in US helicopter crash

Mr. Mugabe was a prominent and popular politician and farmer. He was one of Mr. Mugabe's most formidable opponents.


Letter from Africa: Inside the gated communities of WhatsApp

Whatsapp groups are having a profound effect in African society. The popular mobile application is breaking physical societal boundaries while at the same time creating new virtual communities.


Delta Corporation Reports Revenue Surge After Political Changes

Both beer and non-alcoholic beverages volumes surged in the quarter and the nine months reported. Delta attributed the surge to increased optimism after political changes.


Strive Masiyiwa Now A Billionaire According To Forbes

Mr. Masiyiwa gains the new status courtesy of the surge in Econet Wireless Zimbabwe Shares last year. He is the only Zimbabwean on the list.


Reward Kangai, Former Netone Managing Director, Arrested On Allegations Of Corruption

The former boss of Netone was arrested on allegations of abuse of power. He was detained at Avondale Police Station pending a court appearance. Mr. Kangai had been engaged in a war of words with Supa Mandiwanzira, minister for ICTs.


Highfieds MP Maziwisa And Former ZBC News Presenter Oscar Pambuka Arrested On Fraud Charges

The two are accused of defrauding power utility company ZPC. Mr. Maziwisa rose to promince as a defender of Robert Mugabe whilst Mr. Pambuka was a well-known news anchor.


President Emmerson Mnangagwa Appoints Procurement Authority of Zimbabwe Board

President Mnangagwa has appointed an eight-member board to oversee the Procurement Authority of Zimbabwe. The new board is headed by lawyer Vimbai Nyemba.


In Statement, Morgan Tsvangirai Issues Call For Reforms And Hints At Handing Over Control Of The MDC-T

Mr. Tsvangirai spoke about the need for reforms and economic progress. He also mentioned the need for the older generation to handover power to the younger generation.


CFI Holdings Suspended From Trading On The Zimbabwe Stock Exchange

The Zimbabwe Stock Exchange has supended CFI Holdings Limited from the Zimbabwe Stock Exchange after a violation of its rules. The diversified holding company has been facing a number of corporate governance issues.


ZSE Introduces New Indices

The Zimbabwe Stock Exchange introduced two new indices on 1 January 2018, the All Share Index and the Top 10 Index. Previously, the stock exchange relied on two indices, the Industrial Index and the Mining Index.



MARKETS


ZIMBABWE STOCK EXCHANGE

Market indices data at the close of trading on 2018-04-16.

Industrial Index 303.61 0.12%
Mining Index 123.33 0.00%
All Share Index 90.68 0.12%
Top 10 Index 90.31 -0.01%

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ZSE Top Gainers

Axia Corporation Limited 0.230000 9.52%
Afdis Distillers Limited 1.450000 0.00%
African Sun Limited 0.037500 0.00%
Amalgamated Regional Trading (Art) 0.043300 0.00%
Ariston Holdings Limited 0.012000 0.00%

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Currencies


*Currencies based to the USD i.e $1 buys

Australian Dollar AUD 1.287600
Canadian Dollar CAD 1.260800
Euro EUR 0.808410
Pound Sterling GBP 0.698990
Japanese yen JPY 107.330000
New Zealand Dollar NZD 1.362400
South African Rand ZAR 12.083000

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