‘Cashless’ payment system unveiled

Tawanda Musarurwa Business Reporter
LOCAL firm Smart Payment Solutions (Pvt) Ltd has unveiled the country’s first universal electronic payment system (UEPS), expected to provide impetus for the establishment of a cashless transactions market. Zimbabwe presently lacks a truly mobile

G-8 leaders push for European crisis resolution

British Prime Minister David Cameron has warned that the economic and political turmoil in the euro area is having a “chilling effect” on the UK economy. The sterling pound has fallen by 1,3 percent against the euro to trade at 80,92 pence per euro.  The G-8 leaders are pushing for a resolution on the European crisis and have made noise about the current crisis

If you believe, you will have it

Allow me to share with you my recent fishing experiences with my two mentees Chris and Alan. Chris and Alan learnt most of their bass fishing skills from me. After mastering the skill it became uncertain who among us would be the winner of the competition during our fishing days. An interesting event occurred last year, which upset the three-year status quo. Chris

Essar reshuffles management

A management reshuffle has been initiated at Essar Africa Holdings to address delays in completion of the group’s US$750 million acquisition of the former Zimbabwe Iron and Steel Company. According to media reports from India, the reshuffle will

Diamond mining policy ready

Bright Madera Senior Business Reporter
THE Government’s Diamond Policy, seeking to ensure meaningful contribution of the gems to economic development, is expected to receive Cabinet approval next week, a senior official said in Harare this week. Secretary for Mines and Mining

UN human rights chief’s visit providential

The visit by the United Nations Commissioner for Human Rights, Ms Navanethem Pillay, is providential coming as it does at a time forces of illegal regime change are grossly misrepresenting the nation’s human rights situation in a bid to create self-fulfilling prophecies ahead of elections scheduled for later this year. A case in point being the May 8 judgment by a South

Understand DNA of Indigenisation

Innocent Katsande
Edwin Land’s hypothesis exposes the reality that, in life we eventually begin to succeed when we start to drive out the incessant superstition that there are mysterious tribal gods against us in every step we take. Often when we fail to accomplish set targets we tend to pass the blame to an unknown enemy. Sadly we forget the hard truth that indeed nature

Zimbabwe needs a comic hero

Knowledge Mushohwe
Every country has its own heroes. Zimbabwe even has a special shrine where they are buried. In Western cultures, some of the heroes are not real people, but mythical personalities created by artists to illustrate how good will always triumph over

How Europe debt crisis affects Africa

Yang Jian and Zhu Zhu
Although military issue is a permanent topic of the North Atlantic Treaty Organisation, leaders from the world’s biggest military alliance are bothered much by economic problems at Chicago summit, which kicked into full swing on Sunday.

Christianity and tradition: The search for identity

Sekai Nzenza
Throughout Zimbabwe, there is a growing spiritual identity crisis between Christian religion and African culture. We are caught in a massive pendulum in which we swing from one end to the other, in search of a place that can define us in

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