‘IPS companies falsify ICT information’

ZIMBABWE’S Intrusion Prevention Systems (IPS) companies are being accused of hiding and falsifying information on technological development and acquisitions for fear of competition, a senior Government official has said.

Some useful lessons from the Bible

THIS week I would like to refer to the Bible for tips that will be useful to business that are going through a transition.
Why the Bible, you may ask? For me the Bible provides the most practical business tips than can easily transcend most business rhetoric we are exposed to in our areas of expertise.

African tobacco farmers oppose WHO ban

Elita Chikwati
Agriculture Reporter

AFRICAN tobacco growers are lobbying their governments to resist the World Health Organisation’s ban on tobacco arguing that it will affect them economically.
This came up at an International Tobacco Growers’ Association-Africa meeting held recently in Zambia.

Agribank opens branch in Chivi

Business Reporter
THE Agricultural Bank of Zimbabwe has stepped up its focus to reach out to the “unbanked” by opening a new branch in Chivi district.
Agribank Chivi is the bank’s 48th branch across Zimbabwe. Speaking at the launch of the new branch in Chivi on Tuesday, Agribank chief executive Mr Somukosi Malaba said Chivi presented good prospects for the    bank.

Government adopts diamond policy

Bulawayo Bureau
THE Government has adopted the Zimbabwe Diamond Policy that seeks to ensure sustainable development of the diamond industry and its contribution to the economy.
The policy aims to provide guidelines for one of the country’s fastest growing sectors following increased accountability concerns.

Let’s beat our own drum

Greetings to you readers from the “back of beyond”.
Last week as I told my friends and family that I was going to a place called Vanuatu, all of them immediately followed the announcement with the question, “Van what”?

EU Commission warns of crisis

STRASBOURG. — The head of the European Commission warned governments yesterday to grasp the gravity of the eurozone crisis now threatening Italy and urged greater EU integration, after a rescue for Spanish banks fell flat.

China calls for G20 vote of confidence in Europe

BEIJING. — China yesterday called on leaders at an upcoming G20 summit in Mexico to express their confidence in Europe, which is battling a severe sovereign debt crisis that threatens the global economy.

Spain defends banking rescue loan

MADRID. — Spain’s government insisted yesterday that a vast eurozone rescue loan for its banks comes with no new strings related to austerity or broader economic reforms.

Italy’s borrowing rates leap

MILAN. — Italy borrowed 6,5 billion euros with a 12-month bond issue yesterday but had to pay increased rates, the Bank of Italy said, as Rome comes under fire from investors spooked by the debt crisis.

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