adminOptimism high in African mining industry
The level of interest in investing in African mining continues to grow, and the optimism about the mining industry in Africa, a feature of the 2011 mining indaba in Cape Town, was still evident this year. At the various African government presentations, it was often “standing room only” as conference participants jostled with each other for space to hear what the various
‘Govt should relax conditions on duty exemptions’
Walter Mswazie Business correspondent
THE application for duty exemption on equipment meant for the hospitality industry should be more flexible to enable players in the sector to benefit sufficiently, a local hotelier, Mr Sydney Chikaka, has said. In an interview, Masvingo-based Amazing
Greek austerity talks stalled
ATHENS. – Greek leaders yesterday fell short of striking a deal on austerity cuts, even as their finance minister headed to Brussels for crucial eurozone talks on a new bailout to avert a debt default. Before leaving Athens, Greek Finance Minister Evangelos Venizelos said he remained hopeful of winning the bailout loan from eurozone finance ministers. “I leave for
UNWTO: Let’s shame our detractors
MY experience at the United Nations World Tourism Organisation General Assembly in South Korea last year tells me that Zimbabwe is indeed on the right path in terms of the vision on how to host a memorable mega event of our lifetime.
There is need for state-of-the-art infrastructure because that is what will make the event run smoothly and South Korea had
Jaguar XF — Worth its US$112 000 asking price
Fact Jeke Behind the Wheel
The new Jaguar XF has a few updates, which has a more luxurious vehicle and after drive test I think it has enough to justify its US$100 000 price tag. The exterior styling looks even sleeker this year thanks to new headlights and tail-lights. Before I
Outrage over new draft constitution
Caesar Zvayi Deputy Editor
COPAC’S first draft Constitution has sparked outrage with legal experts equating it to an orchestrated attack on the country’s moral, cultural and revolutionary pillars.
Sources said stakeholders are demanding that the document be rejected and referred back to the drafters who should rewrite it with clear instructions from Copac to transform the National Report into legal language.
Legal experts queried how the drafters could come up with a whole draft in the absence of an officially publicised National Report.
The experts, who spoke on condition of anonymity,
Econet offers video conferencing services
John Manzongo Business Correspondent
Econet Wireless has started offering video conferencing facilities to companies and parastatals that can afford the service.
In an interview after handing over 350 cellphone handsets and lines to junior parliamentarians in Harare on Wednesday, Econet
Delta hosts financial reporting workshop
Business Reporter
A total of 35 journalists from different parts of the country will today converge on Harare for the annual financial reporting workshop that is sponsored by Delta Corporation. This year’s workshop, which will be held over two days, is the fifth in a series
EMA gives Chinese investor ultimatum
The Chinese investor constructing the five-star hotel on the wetlands between Belvedere suburb and the National Sports Stadium is defying orders to halt operations and regularise the development, the Parliamentary Portfolio Committee on Environment and Natural Resources heard on Wednesday. Environmental Management Agency director Mr Aaron Chigona said
Zimplats profits drop by 68pc
Tawanda Musarurwa Business Reporter
ZIMBABWE Platinum Holdings Ltd’s operating profits took a huge knock during the fourth quarter ended December 31, 2011, declining by 68 percent to US$19,2 million from US$60,9 million in the September quarter. The company attributed the