CBZ plans to list US$50m bonds in Mauritius

Business Reporter
CBZ Bank is finalising plans to list its US$50 million three-year Economic Recovery Bond on the Mauritius market to

Malawi in oil, gas exploration

LILONGWE.
MALAWI has granted six licences to foreign firms for the exploration of petroleum and gas reserves in Lake Malawi and the

NRZ to buy 14 locos from China

Business Reporter
THE National Railways of Zimbabwe says it plans to buy 14 locomotives for about US$29 million from a Chinese company, as

Gold rises to 3-week high

London.
Gold edged up yesterday to near its strongest level in three weeks on concerns over Europe’s sovereign debt crisis,

Singita Pamushana wins top international award

Business Reporter
TOURISM resort Singita Pamushana, on the Malilangwe Wildlife Reserve in south-eastern Zimbabwe, has been named

SA insists on IMF chief from emerging nation

CAPE TOWN.
SOUTH Africa insisted yesterday that the next International Monetary Fund chief should come from the developing world,

Govt to participate in Far East roadshows

Business Reporter
IN a development that underlines public-private co-operation, the Government has confirmed its participation in the

Retailers yet to install tax registers

FOUR months after the deadline to install the fiscalised electronic tax registers expired, uptake of the gadgets by

Buy Zim: Co-operation, competitiveness critical

By Robert Muganda
THE statistics on the balance of trade that were released recently should compel Zimbabweans to action. A trade deficit

Ferrari launches in India

NEW DELHI.
Ferrari launched its first dealership in India yesterday, seven years after it entered China but with the same aim of

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