adminEconomic outlook remains negative
INVESTORS are this week wary of the fact that the US could lose its AAA credit rating as outlook remains negative after an unexpected third straight monthly drop in US retail figures. Current economic indicators in the US dictate that the Federal Reserve should intervene.
Customers key to business continuity
RECENTLY the Association of Bass Fishermen which I belong to held its annual general meeting and there was an argument whether all boat drivers should be licensed or not. We were divided over a number of issues, the licensing authority, types of licences to be issued, the trainer, and the period
Ministry dismisses World Bank ranking
Business Reporter
THE Ministry of Economic Planning and Investment Promotion has attacked the latest World Bank’s Country Policy and Institutional Assessment for giving Zimbabwe its lowest ranking among African
Tongogara Trust under fire
Fanuel Kangondo in Shurugwi
THE Tongogara Community Share Ownership Trust yesterday came under fire for slow implementation of development projects after it received US$10 million last November. The trust has not completed a single project while the money lies idle in a commercial bank in
All eyes on Biti
Business Reporters
FINANCE Minister Tendai Biti will this afternoon present the Mid-Term Fiscal Policy Review Statement, amid indications of a significant downward revision in the budget presented last year.
The minister has already indicated that the estimated US$4 billion budget was not feasible due to
Editorial Comment: Single men’s hostels: Have they outlived purpose?
The 58 single men’s hostels in Mbare were one of the worst inheritances of the settler era: just what was to be done with these well-constructed buildings, in a city with housing shortages, but which had served a poor purpose?Chisora set to return for another fight
LONDON. — British heavyweight boxing champion David Price says he would be happy to fight Dereck Chisora next year but admits a bout against David Haye is unlikely. Haye knocked out Chisora (28)
UNAIDS welcomes US approval of drug to stop HIV
GENEVA — The UN agency tasked with fighting Aids yesterday welcomed the decision by the United States to allow the use of an HIV prevention pill for the first time. The pill will be used “to prevent the sexual transmission of HIV for people who do not have HIV, but who are at high risk of being exposedKirsty to lead Team Zim
Collin Matiza Sports Editor
KIRSTY Coventry — the two-time Olympic Games women’s 200m backstroke champion — will be Team Zimbabwe’s flagbearer during the opening ceremony of the 2012 Olympic Games in London