Italy stokes contagion fears

LONDON/MILAN.EUROPEAN banks were battered by mounting fears Greece is heading for a disorderly default and the debt crisis could spread to Italy, sending shares skidding more than 3 percent yesterday…

China’s forex reserves hit new record

BEIJING.CHINA’S foreign exchange reserves soared to a record US$3,1975 trillion at the end of June, the central bank said yesterday, highlighting concerns over inflation in the world’s second biggest economy.China’s…

The power of personal conviction

IF you are to go to First Street Mall today and ask 10 people to follow you, how many people will listen to you?  Suppose

Indigenisation proposals rejected

By Fanuel Kangondo and Tawanda Musarurwa GOVERNMENT has rejected the indigenisation compliance proposals by Canadian-based miner New Dawn Mining Corporation on the grounds that it did not meet certain regulatory…

Dairibord to open new plant in Chitungwiza

By Martin Kadzere
DAIRIBORD Holdings Limited is set to open a Nutriplus beverage plant in Chitungwiza during this quarter as part of its efforts

Give sickly banks chance: RBZ official

By Bright Madera
As the custodians of bank surveillance in the country, the Reserve Bank of Zimbabwe is concerned with the stability and

Dudu off to Italy for maiden tour

By Liberty Hamunakwadi
Afro-jazz singer Dudu Manhenga, who left Harare on Monday for her maiden three-week tour of Italy, says she wants to be a

Zimbabwean writer wins Caine Prize

Entertainment Reporter
One of Zimbabwe’s finest writers, NoViolet Bulawayo, has won the 2011 Caine Prize for African Writing. Bulawayo, who has

The strange silencing of liberal America

By John Pilger
HOW does political censorship work in liberal societies? When my film, “Year Zero: The Silent Death of Cambodia”, was

Indian industrial output slow

NEW DELHI.
India’s annual industrial output growth slowed unexpectedly in May, data showed yesterday, in a further sign Asia’s third-largest

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