Indigenisation programme rolls into Marondera town
THE indigenisation programme continues to gather momentum with the empowerment juggernaut rolling into Marondera last Wednesday. A high-powered delegation comprising Ministers Saviour Kasukuwere and Sydney Sekeramayi, Provincial Governor Aeneas Chigwedere,…
Banks push FTSE low
LONDON.WEAK banks pushed Britain’s top share index into negative territory on Friday, pressured by renewed concerns over European sovereign debt, while retailers were hit by worries about pain ahead on…
Gold eases as dollar firms
LONDON. Gold prices eased below US$1 360 an ounce in Europe on Friday, pressured by gains in the dollar and lacklustre investment demand for the metal after a raft of…
Stock market remains depressed
TRADING activity on the stock exchange remained depressed last week with losses in stocks across the board, leading to a 1,5 percent fall in the industrial index.Only four counters traded…
Malawi seeks US$50m credit line for fuel
BLANTYRE.MALAWI is seeking to secure a US$50 million foreign exchange credit line to replenish its low fuel supplies, Finance Minister Ken Kandodo told parliament on Friday.“We want to ensure the…
Luxor: A tourist ghost town
LUXOR.WANDERING unharried in the Egyptian temple of Luxor and photographing the towering colonnades of Karnak without being jostled may be a dream come true for tourists.But it is a nightmare…
Agriculture got 22pc of private sector funds in 2010
Business ReporterAGRICULTURE was the major beneficiary of local banks’ credit to the private sector last year.According to statistics form the Reserve Bank of Zimbabwe, credit to the private sector grew…
Banks push FTSE low
LONDON.WEAK banks pushed Britain’s top share index into negative territory on Friday, pressured by renewed concerns over European sovereign debt, while retailers were hit by worries about pain ahead on…
Sanctions have paralysed health delivery system
Sanctions have had a devastating effect on Zimbabwe’s social services. Ordinary people have borne the brunt of the West’s
Senate urged to fight sanctions
Herald Reporters
Sound policies alone are not enough to turn around Zimbabwe’s economy as long as illegal Western



