Zimbabwe: What is Going On At Tedco?

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Harare — Diamond Hwange ($200-$300) up 50% IN a classical display of the proverbial herd mentality, we saw the fortunes of Hwange turn for the better in the past week as naive punters thought something was brewing in the mining sector.

The sector is still very much the same except that, for those armchair analysts who are too lazy to research, Bindura's parent Mwana Africa released some splendid Bindura-driven results on December 6, openly admitting the nickel company had powered the group to greater profitability in the six months to September 30. In light of that, the nickel producer had declared a three-month dividend of $10 per share.

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