adminEssar to invest US$4bn in Zim
Business ReporterESSAR Global, the majority shareholder in Newzim Steel, says it will invest about US$4 billion in Zimbabwe’s steel industry in the next 10 years. Resident director for Africa, the Middle East and Turkey
Nkomo reassures investors
Martin Kadzere Senior Business Reporter
VICE President John Nkomo has urged foreign investors to consider Zimbabwe their investment destination of choice while insisting the indigenisation programme was not meant to scare them off.
Triumph of machine politics
John PilgerIn 1963, a senior Australian government official, AR Taysom, deliberated on the wisdom of deploying women as trade representatives. “Such an appointee would not stay young and attractive forever
Chevron: Brazil oil seep different from old spill
RIO DE JANEIRO/NEW YORK — Chevron, the Number two US oil company, yesterday said oil from a new seabed seep at its Brazilian offshore field is chemically different to crude from a November spill, suggesting the two leaks are unrelated. Oil from a seep found this month 3 km from Chevron’s‘China legally imports Iranian oil’
BEIJING — China legally imports oil from Iran through normal channels in a reasonable and fair manner, a Foreign Ministry spokesman said yesterday. Spokesman Hong Lei said China imports oil based on its economic development needs without violating relevant resolutions of the UN Security Council andEU’s false sense of superiority
Tichaona ZindogaRecently, the European Union followed up on the review of its sanctions on Zimbabwe by inviting the country for re-engagement talks. Both the “easing” of sanctions and the extension of the
Minister denies shooting suspect’s arrest
PARIS — French Interior Minister Claude Gueant denied yesterday reports that a self-declared Al-Qaeda militant had been arrested during an armed stand-off in the southern city of Toulouse. “The negotiations continue. They are still under way,” he said in a call to AFP after French TV aired claims theRomney wins Illinois primary
WASHINGTON — US Republican presidential hopeful Mitt Romney was projected Tuesday night to win his party’s Illinois primary by major U.S. broadcasters, as he hunts for enough delegates to become the party’s nomination. With over 65 percent of votes counted Tuesday night, Romney has garnered about
Zuma corruption case to be reviewed
JOHANNESBURG — A South African court has ruled that the decision to drop corruption charges against President Jacob Zuma can be reviewed. The charges were dropped just weeks before the 2009 election, which led to Zuma becoming president. The court agreed with a request from the opposition Democratic