Top Stories

Economic decline hits 'sin taxes' - DailyNews

Economic decline hits 'sin taxes'DailyNewsHARARE - Zimbabwe's excise duty collections have been nose-diving on the back of deteriorating economic conditions, the Zimbabwe Revenue Authority (Zimra) said. Zimra chairperson Willia Bonyongwe said revenue from excise duty in the first quarter ...and more »

Starbucks shares slide as sales metric disappoints - Financial Times;

Starbucks shares slide as sales metric disappoints - Financial Times

Financial TimesStarbucks shares slide as sales metric disappointsFinancial TimesStarbucks saw its shares slide on Friday after a key sales metric at the coffee chain grew at a slower pace than Wall Street analysts had forecast. Sample the FT's top stories for a week. You select the topic, we deliver the news. Select topic. Select ...Starbucks Disappoints As U.S. Comp Sales Fail To Recover, But Gives Positive OutlookNasdaqReigniting Starbucks' sales first order of business for new CEOWaterloo RecordIs Starbucks Making Great Acquisitions? It Sure Doesn't Seem Like ItTheStreet.comMotley Fool -CNBC -Business Insider -Alive For Footballall 55 news articles »

NSSA sitting on $1,3 trillion fund - NewsDay;

NSSA sitting on $1,3 trillion fund - NewsDay

NewsDayNSSA sitting on $1,3 trillion fundNewsDaySTATE-RUN pension fund, National Social Security Authority (NSSA) is reportedly sitting on a $1,3 trillion fund, but failing to bail out the country's ailing industry that is in urgent need of retooling, has heard. BY MTHANDAZO NYONI. Speaking at the ...Old equipment blights industry capacityChronicleall 2 news articles »

Retail shop fined $17 000 for not banking cash - NewsDay;

Retail shop fined $17 000 for not banking cash - NewsDay

NewsDayRetail shop fined $17 000 for not banking cashNewsDayBUILDERS Home retail shop was yesterday fined $17 000 by a Harare magistrate for wilfully not banking cash. BY DESMOND CHINGARANDE. The retail shop, which was represented by its administrator Charles Mutseka, pleaded guilty to contravening ...and more »

Zanu PF elites must not reap from people's misery - NewsDay;

Zanu PF elites must not reap from people's misery - NewsDay

NewsDayZanu PF elites must not reap from people's miseryNewsDayOn Wednesday, we reported that the Grain Millers' Association of Zimbabwe (GMAZ) and the National Bakers' Association of Zimbabwe (NBAZ) were in discussions with the central bank for the immediate provision of foreign currency to settle all outstanding ...and more »

Zim in arrears clearance breakthrough - NewsDay;

Zim in arrears clearance breakthrough - NewsDay

NewsDayZim in arrears clearance breakthroughNewsDayZIMBABWE has met all conditions precedent to the repayment of debt arrears to the World Bank and the African Development Bank (AfDB), Finance minister Patrick Chinamasa has said. BY BUSINESS REPORTER. In a statement last night, Chinamasa said ...Zim nears $1.7b debt deal: ChinamasaNew Zimbabwe.comGovt Admits Printing “Fake Money”ZimEye - Zimbabwe NewsZim sets basis to repay $1.7bn external debtChronicleAllAfrica.com -Creamer Media's Engineering News -African Herald Express (blog)all 9 news articles »

Employers lose US$40 million to cash queues - Zimbabwe Independent;

Employers lose US$40 million to cash queues - Zimbabwe Independent

Zimbabwe IndependentEmployers lose US$40 million to cash queuesZimbabwe IndependentIf we use an average minimum wage of US$250 per month the loss goes down to half. This will translate into slightly below half a billion US dollars per year if the cash shortages continue at the current rate. The losses to employers will be much higher ...and more »

Miners must spend 75pct revenue locally - New Zimbabwe.com;

Miners must spend 75pct revenue locally - New Zimbabwe.com

New Zimbabwe.comMiners must spend 75pct revenue locallyNew Zimbabwe.comBULAWAYO: Government is in the process of amending the indigenisation policy, which will see all mining companies compelled to spend 75 percent of their gross revenue locally, mines minister, Walter Chidakwa said on Thursday. President Robert Mugabe ...Zimbabwe wants cash bail-out from foreign minersIndependent Onlineall 2 news articles »

Indians have a staggering amount of trust in online shopping and payments - Quartz;

Indians have a staggering amount of trust in online shopping and payments - Quartz

QuartzIndians have a staggering amount of trust in online shopping and paymentsQuartzOver 72% of Indians trust the internet overall, according to the Global Survey on Internet Security & Trust 2017 conducted by the Center for International Government Innovation (CIGI) and market research firm Ipsos. By comparison, just over half of the ...Lack of trust in internet will impact digital economyIndependent OnlineTrust Deficit in The System: Only 31% Pakistanis Use Mobile Payment OptionsPakWired (press release) (blog)Lack of trust impeding online trading of goods, services – UNCTADDaily Trustall 5 news articles »

Exploring Zim's economy 37 years on - Zimbabwe Independent;

Exploring Zim's economy 37 years on - Zimbabwe Independent

Zimbabwe IndependentExploring Zim's economy 37 years onZimbabwe IndependentApril 18 2017 marked 37 years of the country's Independence from colonial rule. The definition of Independence in 1980 included freedom from the white minority regime, freedom of expression and freedom to prosper. By Daniel Ngwira. Massive printing of ...Yes, together we can grow this economyThe Heraldall 2 news articles »

Starbucks' New CEO Faces Early Challenge: Reigniting Sales - Bloomberg;

Starbucks' New CEO Faces Early Challenge: Reigniting Sales - Bloomberg

BloombergStarbucks' New CEO Faces Early Challenge: Reigniting SalesBloombergStarbucks Corp.'s new chief, who took the job this month, isn't getting much of a honeymoon. The shares declined as much as 5.9 percent in late trading Thursday after quarterly sales missed analysts' estimates, renewing concerns that competition and ...Starbucks results disappoint, new CEO must brew up growthNasdaqStarbucks' New CEO Raises Alarm About Retail DisruptionFortuneStarbucks' new CEO gets off to decent start on earningsUSA TODAYCNBC -Forbes -Seattle Times -CNNMoneyall 29 news articles »

UNWTO: Chinese Tourists and Spending Continues to Increase - Cruise Industry News;

UNWTO: Chinese Tourists and Spending Continues to Increase - Cruise Industry News

Cruise Industry NewsUNWTO: Chinese Tourists and Spending Continues to IncreaseCruise Industry News2016 results on expenditure from major outbound markets reflect increasing demand for international tourism across the world, according to the latest UNWTO World Tourism Barometer. With a 12 percent increase in spending, China continued to lead ...World tourism conference good for JamaicaJamaica ObserverUNWTO Commission for Africa analyses the potential of Chinese tourism in the continentTravel Daily News InternationalAfrica's Tourism Sector is getting a Big Boost from ChinaFootprint to Africa - Business and Financial News (press release) (registration) (blog)Forimmediaterelease.net (press release) -The Zimbabwe Mail -The Nation -Nigeria Todayall 13 news articles »

GM appeal of ignition switch ruling rejected by high court - New Jersey Herald;

GM appeal of ignition switch ruling rejected by high court - New Jersey Herald

New Jersey HeraldGM appeal of ignition switch ruling rejected by high courtNew Jersey HeraldFILE - This Tuesday, April 1, 2014, file photo shows a key in the ignition switch of a 2005 Chevrolet Cobalt in Alexandria, Va. On Monday, April 24, 2017, the Supreme Court turned away an appeal from General Motors Co. seeking to block dozens of ...Supreme Court rejects GM bid to block ignition switch suitsTODAYonlineGM Is Rejected by U.S. Supreme Court and Left to Face Ignition ClaimsBloombergSupreme Court Rebuffs GM's Bid to Limit Ignition-Switch LawsuitsNew York TimesUPI.com -Forbes -JURIST -Detroit Free Pressall 79 news articles »

Zesa to inject $200m into smart metering - The Herald;

Zesa to inject $200m into smart metering - The Herald

The HeraldZesa to inject $200m into smart meteringThe HeraldPOWER utility Zesa Holdings will invest nearly $200 million towards the installation of smart meters for medium and heavy consumers of electricity. This comes after Zesa said it had completed installation of 590 518 prepaid meters, Phase one of the ...and more »

Nasdaq closes above 6000 for first time - Financial Times;

Nasdaq closes above 6000 for first time - Financial Times

Economic TimesNasdaq closes above 6000 for first timeFinancial TimesThe Nasdaq Composite closed at a new all-time high on Tuesday, with the S&P 500 not far behind with sentiment brightening sentiment across trading desks. The tech-heavy Nasdaq climbed 0.7 per cent to 6,025.5 — its first ever close above the 6,000 mark.Nasdaq breaches 6000 as earnings power Wall Street higherStreetInsider.comall 48 news articles »

[ 25th April 2017 ] Unpacking Malawi FMB's bid to buy Barclays Bank Zimbabwe Banking & Finance - The Zimbabwe Mail;

[ 25th April 2017 ] Unpacking Malawi FMB's bid to buy Barclays Bank Zimbabwe Banking & Finance - The Zimbabwe Mail

The Zimbabwe Mail[ 25th April 2017 ] Unpacking Malawi FMB's bid to buy Barclays Bank Zimbabwe Banking & FinanceThe Zimbabwe MailAt the end of last month, Barclays Bank Plc said it was in exclusive talks to sell its stake in its Zimbabwe unit to Malawi-based First Merchant Bank. By Mutemwa Ushewokunze. Unlikely as it seems, the small, mostly family-owned bank is hunting down one ...and more »

Feature: Businesses cash in on cash seekers in Zimbabwe - Xinhua;

Feature: Businesses cash in on cash seekers in Zimbabwe - Xinhua

Bulawayo24 NewsFeature: Businesses cash in on cash seekers in ZimbabweXinhuaHARARE, April 25 (Xinhua) -- Business people are taking advantage of prevailing liquidity challenges by charging premiums of between 10 and 20 percent to desperate cash seekers. A bar owner operating in one of the city's eastern suburbs who refused to ...Zimbabwe cash crisis: Banks give clients coinsBulawayo24 News (press release) (blog)all 3 news articles »

US STOCKS-Nasdaq breaches 6000 mark for first time ever - Nasdaq;

US STOCKS-Nasdaq breaches 6000 mark for first time ever - Nasdaq

NasdaqUS STOCKS-Nasdaq breaches 6000 mark for first time everNasdaq... * Trump to make major tax announcement on Wednesday * Biogen and Apple propel Nasdaq * Indexes up: Dow 0.89 pct, S&P 0.41 pct, Nasdaq 0.37 pct (Updates to open) By Yashaswini SwamynathanApril 25 (Reuters) - The Nasdaq breached the 6,000 ...Nasdaq Breaches 6000 on French Election ResultsInvestorplace.comall 10 news articles »