adminSecurExpo 2012 to take place in March
We would like to thank all those who responded to our inaugural article published last week. The response and support showed that it was read widely. As a recap if you missed last week’s article SecurExpo 2012 is Zimbabwe’s own Security and safety Exhibition aimed at creating business opportunities, forming strategic synergies with new partners and identifying
Zim to host ATA 2012 conference
Business Reporter
ZIMBABWE is set to host the Africa Travel Association’s 37th Annual World Congress in Victoria Falls in May as a precursor to the co-hosting of the United Nations World Tourism Organisation General Assembly conference with Zambia in August.
ATA executive director Mr Edward Bergman made the announcement following a recent trip to Zimbabwe by ATA officials.
‘Create conditions for business growth’
Business Reporter
GOVERNMENT has been urged to create conditions and economic policies that facilitate growth of business and leave entrepreneurial activities to private sector and public private partnerships. The call comes amid strong reservations on the lack of vision in integrating the economy and co-ordinating macro-economic policies such as fiscal and monetary policy
RTGS woes expose RBZ
Golden Sibanda Senior Business Reporter
THE Reserve Bank of Zimbabwe needs urgent recapitalisation to assist banks facing shortfalls following a Real Time Gross Settlement System gridlock in the banking sector due to the absence of lender of the last resort facility. Most bank clients could not access their money transferred using the RTGS system between December 2011 and January 2012 due to a
CFI engages potential strategic investors
Business Reporter
CONGLOMERATE CFI Holdings Limited has engaged potential strategic investors to take up significant shareholding in two of its subsidiaries. The investments in Victoria Foods and Crest Poultry Group would bring fresh capital and efficiencies to the firm’s core operating divisions. In a cautionary statement yesterday, CFI said it has already signed non-disclosure agreements with
Kingdom seals deal with AfrAsia Bank
Business Reporter
KINGDOM Financial Holdings Limited has reached an agreement with Mauritius-based financial services group AfrAsia Bank Limited which will invest US$9,5 million for an 35 percent equity in the group. The investment completes the recapitalisation of KFHL and paves the way for the group to accelerate its strategic initiatives to consolidate the operations of
We have the right to know
Thabo Mbeki
The reality is that a small but powerful minority has the capacity to decide what society should “know”. It is in the vital interest of all our people that the historically inherited and contending understandings of “knowledge” should be given free
Africa must be wary of recolonisation
Professor Muchai Wa Muthatha
After the winds of change in the 1960s, Africa found itself fast gaining independence from colonialists, one country after another, until South Africa, became the last country to claim uhuru. Since then, there appeared to have been a surrender of
Indigenisation and race demographics
Innocent Katsande
The whites who settled in the then Rhodesia, most of whom were of British extraction, brought with them a Western type liberal-democratic political culture. They, however, applied it to where land ownership was concerned. They propped up some kind of “sectional democracy”. The political scheme was built in such a way that black people were excluded from the
Let’s embrace principles of national symbolism
Panganai Kahuni
History tells us that any institution that is focused and has a clear vision; that is innovative, creative and has a clear strategic plan, that works as a team and has unity of purpose will most likely enjoy continued growth, development and expansion.