adminAfrica prospects continue to lure investors, but is it ready?
By Matthew Tostevin and Stuart Grudgings
Africa offers among the world’s best investment prospects as emerging markets grow ever more important, although its economies
ZETDC sues city council
In a chamber application filed at the High Court, ZETDC submitted that council had failed to pay electricity bills from February
Businessman up for fraud
A Harare businessman has appeared in court facing allegations of fraud after he allegedly swindled a local wholesale of US$17
Child smuggler fined
The Bulawayo man who was arrested for smuggling 21 children into South Africa using an illegal crossing point along the
Pakistani shop closed
THE immigration department on Thursday shut down a shop in Harare belonging to two Pakistani businessmen for operating
Chigumba cry foul
CHIGUMBA Holdings Private Limited has filed an urgent chamber application at the High Court seeking interdict against
ENG director set free
COLLAPSED ENG Asset Management director, Gilbert Muponda, was yesterday set free after the Attorney General’s Office
UK social networks boomerang
Herald Reporters
BRITAIN’S double standards have been exposed through ongoing moves to block social media in the aftermath of riots that rocked the country despite having encouraged the use of the same tools in destabilising Africa.
The West, led by Britain, encourages the use of social media networks in the so-called democratic processes and have been attacking countries such as Zimbabwe on unfounded allegations of suppressing media freedom.
British Prime Minister David Cameron told Parliament on Thursday that his government was working with police, the intelligence services and companies to look at “whether it would be right to stop people communicating via these websites and services when we know they are plotting violence, disorder and criminality.”
Rentals shoot up
By Peter Matambanadzo and Wenceslaus Murape
RENTALS are shooting up in Harare as some landlords cash in on the acute shortage of accommodation in the city. But tenants have dismissed the increases as unjustified, saying they are not driven by economic fundamentals.
Generally, prices of most basic goods and services have remained stable since the adoption of multiple currencies in February 2009 and tenants wonder what is pushing rentals up.
In a survey recently, The Herald established that most tenants had no option but to pay the rents demanded as they risk being thrown out.
It appears there is no proper rent calculation method and estate agents contracted to manage properties on behalf of owners are reportedly
Liberation movements forge closer Sadc links
SOUTHERN Africa’s former liberation movements have resolved to meet on the sidelines of annual Sadc summits, a development that will see the parties return to the centre of activities of the bloc they created.
Since they started meeting in Tanzania in 2010, their meetings have been held a week before the Sadc summit and now the region’s two most important dates on the political calendar could merge as of 2012.
This was resolved at the second summit of leaders of MPLA (Angola), ANC (South Africa), Chama Cha Mapinduzi (Tanzania), Frelimo (Mozambique), Swapo (Namibia) and Zanu-PF (Zimbabwe) in Windhoek on Thursday.