adminMarkets bet on ECB to cut rates
FRANKFURT. — All eyes were on the European Central Bank yesterday to keep the momentum going in the battle against the debt crisis as the positive sentiment boost from last week’s EU summit risks evaporating.Barclays’ outlook rating downgraded
LONDON. — Ratings agency Standard and Poor’s on yesterday downgraded Barclays’ long-term rating outlook to negative from stable, as the British giant struggles with the fallout over an interest rate rigging scandal.Ghana closes foreign-owned shops
ACCRA. — Ghana on Wednesday proceeded to implement its threat to close all small and medium business owned by foreign traders in Accra, the capital city of Ghana.The clampdown on foreigners trading in the Small Medium Enterprises has been widened to other major cities of the country with the aim of driving out foreign traders, who are being accused of “stealing” locals’ business.
Two investors eye Shabanie, Mashava mines
The Zimbabwe Mining Development Corporation on Wednesday said it is engaging two foreign partners willing to inject fresh capital to revive the defunct Shabanie-Mashava Mines (SMM).IBWO embarks on empowerment drive
Business ReporterTHE Indigenous Businesswomen Organisation has embarked on a nationwide campaign to raise awareness among women on empowerment issues in a bid to ensure they fully participate in the ongoing indigenisation programme.
Women urged to invest
Business ReporterWomen have been urged to consider making investments to secure their future financially in the wake of the prevailing difficult economic times.
Exide batteries: Dos, don’ts
Dos Ensure that the battery is the right size for the vehicle. Clean terminals and fit the clamps tightly on the terminals. Apply a thin film of petroleum jelly to…
There’s more to Hwange than coal
Isdore Guvamombe
Tourism Matrix
ON entering the gate at the Main Camp, fresh game dung juxtaposed with stunted, sparsely populated bush shrubbery and rock outcrops, give valuable clues to what happens in Zimbabwe’s undisputed theatre of the jungle — the Hwange National Park.
National Geographic comes alive at Ganda Lodge
WITHIN the beautiful teak woodlands at the border of Sikumi Forest and Hwange National Park, lies a lodge, where visitors are first welcomed by wild animals before coming into contact with human beings, writes Isdore Guvamombe.Fiscal policy: All eyes on Biti
Robert Garai Muganda
Buy Zimbabwe
Once again it is that time of the year when Finance Minister Tendai Biti will be under the spotlight as he delivers his Mid-Term Fiscal Policy Statement.
The question on everyone’s mind right now is what does the minister have in store for the nation and the economy?